2022
Exports
$1.84BWorld Rnk 1 / 152
Flag Rnk 30 / 1211
2022
PRODUCT COMPLEXITY IN Starches
-0.6Rnk 726 / 1025
2022
Imports
$103MWorld Rnk 16 / 216
Flag Rnk 358 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.84B in Starches, making it the 1st largest exporter of Starches in the world. At the same year, Starches was the 30th most exported product in Thailand. The main destination of Starches exports from Thailand are: China ($1.09B), Indonesia ($145M), Chinese Taipei ($144M), Malaysia ($84.2M), and United States ($79M).

The fastest growing export markets for Starches of Thailand between 2021 and 2022 were Indonesia ($119M), Malaysia ($37.4M), and Philippines ($25.5M).

Imports In 2022, Thailand imported $103M in Starches, becoming the 16th largest importer of Starches in the world. At the same year, Starches was the 358th most imported product in Thailand. Thailand imports Starches primarily from: Ukraine ($21.1M), China ($17.7M), Germany ($11.9M), Denmark ($10M), and India ($8.53M).

The fastest growing import markets in Starches for Thailand between 2021 and 2022 were Ukraine ($17.5M), China ($9.24M), and India ($2.33M).

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 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 (2022)$1.84B
IMPORTS (2022)$103M
NET TRADE (2022)$1.74B

In 2022, Thailand exported $1.84B in Starches. The main destinations of Thailand exports on Starches were China ($1.09B), Indonesia ($145M), Chinese Taipei ($144M), Malaysia ($84.2M), and United States ($79M).

In 2022, Thailand imported $103M in Starches, mainly from Ukraine ($21.1M), China ($17.7M), Germany ($11.9M), Denmark ($10M), and India ($8.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starches EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Indonesia$119M (470%)
Malaysia$37.4M (80%)
Philippines$25.5M (59.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starches BY Thailand WERE (2021 - 2022):
China-$82.5M (-7.03%)
Vietnam-$4.18M (-44.1%)
Germany-$1.34M (-23.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Starches were:
In 2022, 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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