2022
Exports
$151MWorld Rnk 11 / 123
Flag Rnk 262 / 1211
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$183MWorld Rnk 15 / 197
Flag Rnk 252 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $151M in Petroleum Resins, making it the 11th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 262nd most exported product in Thailand. The main destination of Petroleum Resins exports from Thailand are: India ($21.9M), China ($17.5M), Brazil ($16.3M), South Korea ($16M), and Australia ($11M).

The fastest growing export markets for Petroleum Resins of Thailand between 2021 and 2022 were Brazil ($5.32M), India ($3.46M), and Vietnam ($1.41M).

Imports In 2022, Thailand imported $183M in Petroleum Resins, becoming the 15th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 252nd most imported product in Thailand. Thailand imports Petroleum Resins primarily from: Japan ($49.2M), China ($41.3M), United States ($25.1M), Germany ($23.3M), and South Korea ($17.6M).

The fastest growing import markets in Petroleum Resins for Thailand between 2021 and 2022 were United States ($8.37M), China ($3.55M), and Germany ($1.7M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (45) and SAMSUNG ELECTORNICS AMERICA, INC. (1) were at the forefront of shipping Petroleum Resins from Thailand to the United States.

Latest Trends

Mar 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 Petroleum Resins. 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)$151M
IMPORTS (2022)$183M
NET TRADE (2022)-$32.5M

In 2022, Thailand exported $151M in Petroleum Resins. The main destinations of Thailand exports on Petroleum Resins were India ($21.9M), China ($17.5M), Brazil ($16.3M), South Korea ($16M), and Australia ($11M).

In 2022, Thailand imported $183M in Petroleum Resins, mainly from Japan ($49.2M), China ($41.3M), United States ($25.1M), Germany ($23.3M), and South Korea ($17.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Brazil$5.32M (48.2%)
India$3.46M (18.8%)
Vietnam$1.41M (45.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Thailand WERE (2021 - 2022):
China-$9.28M (-34.7%)
Italy-$4.26M (-56.2%)
Turkey-$2.39M (-42.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Petroleum Resins were:
In 2022, Thailand's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

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