2022
Exports
$9.84MWorld Rnk 13 / 109
Flag Rnk 713 / 1211
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts
-0.0094Rnk 550 / 1025
2022
Imports
$25.3MWorld Rnk 6 / 180
Flag Rnk 652 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $9.84M in Synthetic Tanning Extracts, making it the 13th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 713th most exported product in Thailand. The main destination of Synthetic Tanning Extracts exports from Thailand are: China ($3.81M), Nigeria ($2.02M), Pakistan ($1.15M), Japan ($687k), and Vietnam ($507k).

The fastest growing export markets for Synthetic Tanning Extracts of Thailand between 2021 and 2022 were Pakistan ($1.09M), Nigeria ($1.06M), and China ($769k).

Imports In 2022, Thailand imported $25.3M in Synthetic Tanning Extracts, becoming the 6th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 652nd most imported product in Thailand. Thailand imports Synthetic Tanning Extracts primarily from: China ($7.32M), India ($3.44M), Germany ($3.23M), South Africa ($2.36M), and Italy ($1.84M).

The fastest growing import markets in Synthetic Tanning Extracts for Thailand between 2021 and 2022 were China ($3.13M), South Africa ($974k), and Denmark ($374k).

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 Tanning Extracts. 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)$9.84M
IMPORTS (2022)$25.3M
NET TRADE (2022)-$15.4M

In 2022, Thailand exported $9.84M in Synthetic Tanning Extracts. The main destinations of Thailand exports on Synthetic Tanning Extracts were China ($3.81M), Nigeria ($2.02M), Pakistan ($1.15M), Japan ($687k), and Vietnam ($507k).

In 2022, Thailand imported $25.3M in Synthetic Tanning Extracts, mainly from China ($7.32M), India ($3.44M), Germany ($3.23M), South Africa ($2.36M), and Italy ($1.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Pakistan$1.09M (1.97k%)
Nigeria$1.06M (111%)
China$769k (25.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY Thailand WERE (2021 - 2022):
Hong Kong-$278k (-79.2%)
Cambodia-$198k (-91.3%)
Chinese Taipei-$77.8k (-30.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, Thailand's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $545k
TOP IMPORT POTENTIALSpain+ $252k

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $545k.   Synthetic Tanning Extracts’s highest import potential is Spain with an import gap of $252k.

See methodology.

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