2023
Exports
$12.2BWorld Rnk 17 / 210
Flag Rnk 4 / 1212
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$4.4BWorld Rnk 33 / 225
Flag Rnk 8 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $12.2B in Cars, making it the 17th largest exporter of Cars in the world. At the same year, Cars was the 4th most exported product in Thailand. The main destination of Cars exports from Thailand are: Saudi Arabia ($1.79B), Australia ($1.61B), Philippines ($1.47B), United Arab Emirates ($1.06B), and Vietnam ($868M).

The fastest growing export markets for Cars of Thailand between 2022 and 2023 were Philippines ($596M), Saudi Arabia ($586M), and United Arab Emirates ($236M).

Imports In 2023, Thailand imported $4.4B in Cars, becoming the 33rd largest importer of Cars in the world. At the same year, Cars was the 8th most imported product in Thailand. Thailand imports Cars primarily from: China ($2.63B), Indonesia ($442M), Japan ($400M), Germany ($322M), and Malaysia ($262M).

The fastest growing import markets in Cars for Thailand between 2022 and 2023 were China ($2.16B), Germany ($169M), and Japan ($94.5M).

COMPANIES In 2024, leading companies such as Samsung (482), Goya Foods (41), and Cooper Lighting Solutions (2) were at the forefront of shipping Cars from Thailand to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Cars. 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 (2023)$12.2B
IMPORTS (2023)$4.4B
NET TRADE (2023)$7.78B

In 2023, Thailand exported $12.2B in Cars. The main destinations of Thailand exports on Cars were Saudi Arabia ($1.79B), Australia ($1.61B), Philippines ($1.47B), United Arab Emirates ($1.06B), and Vietnam ($868M).

In 2023, Thailand imported $4.4B in Cars, mainly from China ($2.63B), Indonesia ($442M), Japan ($400M), Germany ($322M), and Malaysia ($262M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Philippines$596M (68%)
Saudi Arabia$586M (48.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Thailand WERE (2022 - 2023):
Vietnam-$374M (-30.1%)
China-$281M (-69.8%)
Pakistan-$191M (-61.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Thailand's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Thailand's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $386M
TOP IMPORT POTENTIALChina+ $215M

Cars’s highest export potential is United States. With an export gap of $386M.   Cars’s highest import potential is China with an import gap of $215M.

See methodology.

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