2022
Exports
$41.1MWorld Rnk 16 / 142
Flag Rnk 475 / 1211
2022
PRODUCT COMPLEXITY IN Synthetic Fabrics
-0.0088Rnk 549 / 1025
2022
Imports
$25.6MWorld Rnk 35 / 208
Flag Rnk 648 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $41.1M in Synthetic Fabrics, making it the 16th largest exporter of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 475th most exported product in Thailand. The main destination of Synthetic Fabrics exports from Thailand are: Burma ($7.32M), United Arab Emirates ($6.31M), Japan ($4.94M), Sudan ($3.65M), and Singapore ($3.37M).

The fastest growing export markets for Synthetic Fabrics of Thailand between 2021 and 2022 were Burma ($5.51M), India ($1.41M), and United Arab Emirates ($1.39M).

Imports In 2022, Thailand imported $25.6M in Synthetic Fabrics, becoming the 35th largest importer of Synthetic Fabrics in the world. At the same year, Synthetic Fabrics was the 648th most imported product in Thailand. Thailand imports Synthetic Fabrics primarily from: China ($12.5M), Denmark ($2.77M), United States ($2.57M), Japan ($2.2M), and Spain ($981k).

The fastest growing import markets in Synthetic Fabrics for Thailand between 2021 and 2022 were Denmark ($2.05M), China ($1.52M), and United States ($1.27M).

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 Synthetic Fabrics. 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)$41.1M
IMPORTS (2022)$25.6M
NET TRADE (2022)$15.5M

In 2022, Thailand exported $41.1M in Synthetic Fabrics. The main destinations of Thailand exports on Synthetic Fabrics were Burma ($7.32M), United Arab Emirates ($6.31M), Japan ($4.94M), Sudan ($3.65M), and Singapore ($3.37M).

In 2022, Thailand imported $25.6M in Synthetic Fabrics, mainly from China ($12.5M), Denmark ($2.77M), United States ($2.57M), Japan ($2.2M), and Spain ($981k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Fabrics EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Burma$5.51M (305%)
India$1.41M (150%)
United Arab Emirates$1.39M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Fabrics BY Thailand WERE (2021 - 2022):
Bangladesh-$1.46M (-42.2%)
Saudi Arabia-$700k (-52.8%)
Egypt-$604k (-83.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Synthetic Fabrics were:
In 2022, Thailand's main importing competitors in Synthetic Fabrics were:

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Trade Value of Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.79M
TOP IMPORT POTENTIALChina+ $3.21M

Synthetic Fabrics’s highest export potential is Vietnam. With an export gap of $1.79M.   Synthetic Fabrics’s highest import potential is China with an import gap of $3.21M.

See methodology.

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