2022
Exports
$83.8MWorld Rnk 11 / 194
Flag Rnk 357 / 1211
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$29.1MWorld Rnk 26 / 223
Flag Rnk 619 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $83.8M in Spices, making it the 11th largest exporter of Spices in the world. At the same year, Spices was the 357th most exported product in Thailand. The main destination of Spices exports from Thailand are: Pakistan ($34M), Japan ($15.7M), Malaysia ($5.83M), United States ($3.68M), and Netherlands ($2.98M).

The fastest growing export markets for Spices of Thailand between 2021 and 2022 were Pakistan ($6.49M), Japan ($1.01M), and Malaysia ($846k).

Imports In 2022, Thailand imported $29.1M in Spices, becoming the 26th largest importer of Spices in the world. At the same year, Spices was the 619th most imported product in Thailand. Thailand imports Spices primarily from: China ($19.8M), Burma ($2.47M), India ($2.2M), Malaysia ($1.06M), and Turkey ($790k).

The fastest growing import markets in Spices for Thailand between 2021 and 2022 were Burma ($840k), Israel ($114k), and United States ($101k).

COMPANIES In 2023, leading companies such as Walong Marketing (17), Samsung (2), and TE Connectivity (1) were at the forefront of shipping Spices from Thailand to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Spices. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$83.8M
IMPORTS (2022)$29.1M
NET TRADE (2022)$54.7M

In 2022, Thailand exported $83.8M in Spices. The main destinations of Thailand exports on Spices were Pakistan ($34M), Japan ($15.7M), Malaysia ($5.83M), United States ($3.68M), and Netherlands ($2.98M).

In 2022, Thailand imported $29.1M in Spices, mainly from China ($19.8M), Burma ($2.47M), India ($2.2M), Malaysia ($1.06M), and Turkey ($790k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Pakistan$6.49M (23.6%)
Japan$1.01M (6.9%)
Malaysia$846k (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Thailand WERE (2021 - 2022):
China-$1.63M (-81.3%)
Singapore-$1.34M (-38.9%)
New Zealand-$1.28M (-38.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Thailand's main exporting competitors in Spices were:
In 2022, Thailand's main importing competitors in Spices were:

Explore Visualizations

Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.99M
TOP IMPORT POTENTIALIndia+ $2.17M

Spices’s highest export potential is United States. With an export gap of $2.99M.   Spices’s highest import potential is India with an import gap of $2.17M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with