2022
Exports
$158MWorld Rnk 29 / 186
Flag Rnk 257 / 1211
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$266MWorld Rnk 25 / 219
Flag Rnk 190 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $158M in Electric Motor Parts, making it the 29th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 257th most exported product in Thailand. The main destination of Electric Motor Parts exports from Thailand are: Japan ($26.2M), United States ($19M), China ($14.3M), Cambodia ($11.5M), and India ($11.4M).

The fastest growing export markets for Electric Motor Parts of Thailand between 2021 and 2022 were United States ($3.44M), United Kingdom ($2.4M), and India ($1.64M).

Imports In 2022, Thailand imported $266M in Electric Motor Parts, becoming the 25th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 190th most imported product in Thailand. Thailand imports Electric Motor Parts primarily from: China ($99.5M), Japan ($88.8M), Singapore ($19.2M), Chinese Taipei ($19M), and Malaysia ($7.33M).

The fastest growing import markets in Electric Motor Parts for Thailand between 2021 and 2022 were Singapore ($16.7M), Netherlands ($7.16M), and Malaysia ($3.23M).

COMPANIES In 2023, leading companies such as Panasonic (7) were at the forefront of shipping Electric Motor Parts 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 Electric Motor Parts. 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)$158M
IMPORTS (2022)$266M
NET TRADE (2022)-$108M

In 2022, Thailand exported $158M in Electric Motor Parts. The main destinations of Thailand exports on Electric Motor Parts were Japan ($26.2M), United States ($19M), China ($14.3M), Cambodia ($11.5M), and India ($11.4M).

In 2022, Thailand imported $266M in Electric Motor Parts, mainly from China ($99.5M), Japan ($88.8M), Singapore ($19.2M), Chinese Taipei ($19M), and Malaysia ($7.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$3.44M (22.1%)
United Kingdom$2.4M (39.3%)
India$1.64M (16.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY Thailand WERE (2021 - 2022):
Japan-$5.76M (-18%)
Philippines-$5.72M (-40.3%)
Hungary-$3.38M (-28.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Electric Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, Thailand's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.3M
TOP IMPORT POTENTIALChina+ $25.4M

Electric Motor Parts’s highest export potential is United States. With an export gap of $14.3M.   Electric Motor Parts’s highest import potential is China with an import gap of $25.4M.

See methodology.

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