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Exports In 2022, Thailand exported $414M in Sugar nes, invert sugar, caramel and artificial honey, making it the 2nd largest exporter of Sugar nes, invert sugar, caramel and artificial honey in the world. At the same year, Sugar nes, invert sugar, caramel and artificial honey was the 134th most exported product in Thailand. The main destination of Sugar nes, invert sugar, caramel and artificial honey exports from Thailand are: China ($380M), Philippines ($8.11M), Burma ($4.76M), United States ($4.44M), and Japan ($3.01M).

The fastest growing export markets for Sugar nes, invert sugar, caramel and artificial honey of Thailand between 2021 and 2022 were China ($174M), Philippines ($2.26M), and South Korea ($235k).

Imports In 2022, Thailand imported $54.6M in Sugar nes, invert sugar, caramel and artificial honey, becoming the 14th largest importer of Sugar nes, invert sugar, caramel and artificial honey in the world. At the same year, Sugar nes, invert sugar, caramel and artificial honey was the 726th most imported product in Thailand. Thailand imports Sugar nes, invert sugar, caramel and artificial honey primarily from: China ($33.7M), India ($6.2M), United States ($3.33M), Japan ($1.6M), and Malaysia ($1.52M).

The fastest growing import markets in Sugar nes, invert sugar, caramel and artificial honey for Thailand between 2021 and 2022 were China ($2.69M), Italy ($489k), and United States ($296k).

COMPANIES In 2023, leading companies such as Samsung (11.5k), American Omni Trading Company (3.78k), and IKEA Group (3.04k) were at the forefront of shipping Sugar nes, invert sugar, caramel and artificial honey from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Sugar nes, invert sugar, caramel and artificial honey. 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)$414M
IMPORTS (2022)$54.6M
NET TRADE (2022)$360M

In 2022, Thailand exported $414M in Sugar nes, invert sugar, caramel and artificial honey. The main destinations of Thailand exports on Sugar nes, invert sugar, caramel and artificial honey were China ($380M), Philippines ($8.11M), Burma ($4.76M), United States ($4.44M), and Japan ($3.01M).

In 2022, Thailand imported $54.6M in Sugar nes, invert sugar, caramel and artificial honey, mainly from China ($33.7M), India ($6.2M), United States ($3.33M), Japan ($1.6M), and Malaysia ($1.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugar nes, invert sugar, caramel and artificial honey EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$174M (84%)
Philippines$2.26M (38.7%)
South Korea$235k (20%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugar nes, invert sugar, caramel and artificial honey BY Thailand WERE (2021 - 2022):
United States-$3.79M (-46%)
Thailand-$2.9M (-72.6%)
Cambodia-$2.25M (-84.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Thailand's main exporting competitors in Sugar nes, invert sugar, caramel and artificial honey were:
China $425M
In 2022, Thailand's main importing competitors in Sugar nes, invert sugar, caramel and artificial honey were:

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Trade Value of Sugar nes, invert sugar, caramel and artificial honey by Exporters

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