2022
Exports
$71MWorld Rnk 19 / 175
Flag Rnk 381 / 1211
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$20.9MWorld Rnk 38 / 223
Flag Rnk 698 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $71M in Soups and Broths, making it the 19th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 381st most exported product in Thailand. The main destination of Soups and Broths exports from Thailand are: Australia ($12.9M), Burma ($10.8M), United States ($9.98M), Japan ($6.81M), and Hong Kong ($4.27M).

The fastest growing export markets for Soups and Broths of Thailand between 2021 and 2022 were Germany ($676k), Australia ($564k), and Netherlands ($499k).

Imports In 2022, Thailand imported $20.9M in Soups and Broths, becoming the 38th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 698th most imported product in Thailand. Thailand imports Soups and Broths primarily from: China ($10.5M), Canada ($3.88M), Japan ($3.33M), Belgium ($630k), and Australia ($477k).

The fastest growing import markets in Soups and Broths for Thailand between 2021 and 2022 were China ($6.36M), Canada ($763k), and Belgium ($613k).

COMPANIES In 2023, leading companies such as Walong Marketing (1) were at the forefront of shipping Soups and Broths from Thailand to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Soups and Broths. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71M
IMPORTS (2022)$20.9M
NET TRADE (2022)$50.1M

In 2022, Thailand exported $71M in Soups and Broths. The main destinations of Thailand exports on Soups and Broths were Australia ($12.9M), Burma ($10.8M), United States ($9.98M), Japan ($6.81M), and Hong Kong ($4.27M).

In 2022, Thailand imported $20.9M in Soups and Broths, mainly from China ($10.5M), Canada ($3.88M), Japan ($3.33M), Belgium ($630k), and Australia ($477k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Germany$676k (40.4%)
Australia$564k (4.59%)
Netherlands$499k (37.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Thailand WERE (2021 - 2022):
Burma-$2.55M (-19.1%)
Malaysia-$1.02M (-42.2%)
United States-$975k (-8.89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Soups and Broths were:
In 2022, Thailand's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.25M
TOP IMPORT POTENTIALUnited States+ $435k

Soups and Broths’s highest export potential is United States. With an export gap of $2.25M.   Soups and Broths’s highest import potential is United States with an import gap of $435k.

See methodology.

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