2022
Exports
$193MWorld Rnk 17 / 176
Flag Rnk 221 / 1211
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$287MWorld Rnk 20 / 215
Flag Rnk 184 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $193M in Synthetic Coloring Matter, making it the 17th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 221st most exported product in Thailand. The main destination of Synthetic Coloring Matter exports from Thailand are: China ($52.9M), Singapore ($14.4M), Netherlands ($13.1M), Bangladesh ($13.1M), and India ($11.9M).

The fastest growing export markets for Synthetic Coloring Matter of Thailand between 2021 and 2022 were Netherlands ($2.93M), Turkey ($1.91M), and Japan ($1.21M).

Imports In 2022, Thailand imported $287M in Synthetic Coloring Matter, becoming the 20th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 184th most imported product in Thailand. Thailand imports Synthetic Coloring Matter primarily from: China ($103M), India ($75.3M), United States ($29.7M), Japan ($11.8M), and Chinese Taipei ($10.1M).

The fastest growing import markets in Synthetic Coloring Matter for Thailand between 2021 and 2022 were Netherlands ($5.73M), Indonesia ($1.13M), and United Kingdom ($876k).

COMPANIES In 2023, leading companies such as Samsung (148), IKEA Group (23), and Goya Foods (3) were at the forefront of shipping Synthetic Coloring Matter from Thailand to the United States.

Latest Trends

Jul 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 Synthetic Coloring Matter. 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)$193M
IMPORTS (2022)$287M
NET TRADE (2022)-$94.4M

In 2022, Thailand exported $193M in Synthetic Coloring Matter. The main destinations of Thailand exports on Synthetic Coloring Matter were China ($52.9M), Singapore ($14.4M), Netherlands ($13.1M), Bangladesh ($13.1M), and India ($11.9M).

In 2022, Thailand imported $287M in Synthetic Coloring Matter, mainly from China ($103M), India ($75.3M), United States ($29.7M), Japan ($11.8M), and Chinese Taipei ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Netherlands$2.93M (28.8%)
Turkey$1.91M (32%)
Japan$1.21M (32.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Thailand WERE (2021 - 2022):
China-$9.73M (-15.5%)
India-$4.05M (-25.4%)
Singapore-$3.41M (-19.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, Thailand's main importing competitors in Synthetic Coloring Matter were:

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Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13.5M
TOP IMPORT POTENTIALIndia+ $20.5M

Synthetic Coloring Matter’s highest export potential is China. With an export gap of $13.5M.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $20.5M.

See methodology.

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