2023
Exports
$1.58BWorld Rnk 1 / 154
Flag Rnk 35 / 1212
2023
PRODUCT COMPLEXITY IN Starches
-0.58Rnk 728 / 1025
2023
Imports
$90.8MWorld Rnk 19 / 217
Flag Rnk 362 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.58B in Starches, making it the 1st largest exporter of Starches in the world. At the same year, Starches was the 35th most exported product in Thailand. The main destination of Starches exports from Thailand are: China ($994M), Chinese Taipei ($130M), Malaysia ($84.6M), Japan ($62.2M), and United States ($58.7M).

The fastest growing export markets for Starches of Thailand between 2022 and 2023 were Laos ($8.16M), South Africa ($4.57M), and Burma ($2.92M).

Imports In 2023, Thailand imported $90.8M in Starches, becoming the 19th largest importer of Starches in the world. At the same year, Starches was the 362nd most imported product in Thailand. Thailand imports Starches primarily from: India ($15.8M), Denmark ($14M), Germany ($9.14M), Ukraine ($8.3M), and China ($7.6M).

The fastest growing import markets in Starches for Thailand between 2022 and 2023 were India ($7M), Denmark ($2.6M), and Japan ($2.1M).

Latest Trends

Dec 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 Starches. 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 (2023)$1.58B
IMPORTS (2023)$90.8M
NET TRADE (2023)$1.49B

In 2023, Thailand exported $1.58B in Starches. The main destinations of Thailand exports on Starches were China ($994M), Chinese Taipei ($130M), Malaysia ($84.6M), Japan ($62.2M), and United States ($58.7M).

In 2023, Thailand imported $90.8M in Starches, mainly from India ($15.8M), Denmark ($14M), Germany ($9.14M), Ukraine ($8.3M), and China ($7.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Starches EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Laos$8.16M (72.9%)
South Africa$4.57M (173%)
Burma$2.92M (58.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starches BY Thailand WERE (2022 - 2023):
China-$211M (-17.5%)
Indonesia-$125M (-90.2%)
United States-$51.5M (-46.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Starches were:
In 2023, Thailand's main importing competitors in Starches were:

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Trade Value of Starches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.3M
TOP IMPORT POTENTIALIndia+ $3.13M

Starches’s highest export potential is United States. With an export gap of $11.3M.   Starches’s highest import potential is India with an import gap of $3.13M.

See methodology.

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