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2022
Exports $17.7MWorld Rnk 37 / 120
Flag Rnk 612 / 1211
2022
Destination $467k Burma
2021 - 2022
FASTEST GROWING MARKET $467kVietnam
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel1.38Rnk 72 / 1025
2022
Imports $2.11BWorld Rnk 5 / 201
Flag Rnk 18 / 1210
2022
Origin $293M Japan
2021 - 2022
FASTEST GROWING ORIGIN $293MChina
2022
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $17.7M in Flat Flat-Rolled Steel, making it the 37th largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 612th most exported product in Thailand. The main destination of Flat Flat-Rolled Steel exports from Thailand are: Burma ($7.35M), Laos ($6.07M), Vietnam ($829k), Australia ($632k), and Indonesia ($585k).

The fastest growing export markets for Flat Flat-Rolled Steel of Thailand between 2021 and 2022 were Vietnam ($467k), Japan ($439k), and Laos ($420k).

Imports In 2022, Thailand imported $2.11B in Flat Flat-Rolled Steel, becoming the 5th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 18th most imported product in Thailand. Thailand imports Flat Flat-Rolled Steel primarily from: Japan ($1.06B), China ($799M), South Korea ($111M), Chinese Taipei ($72.3M), and Vietnam ($44.6M).

The fastest growing import markets in Flat Flat-Rolled Steel for Thailand between 2021 and 2022 were China ($293M), Chinese Taipei ($17.4M), and Malaysia ($3.57M).

Latest Trends

Nov 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 Flat Flat-Rolled Steel. 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)$17.7M
IMPORTS (2022)$2.11B
NET TRADE (2022)-$2.1B

In 2022, Thailand exported $17.7M in Flat Flat-Rolled Steel. The main destinations of Thailand exports on Flat Flat-Rolled Steel were Burma ($7.35M), Laos ($6.07M), Vietnam ($829k), Australia ($632k), and Indonesia ($585k).

In 2022, Thailand imported $2.11B in Flat Flat-Rolled Steel, mainly from Japan ($1.06B), China ($799M), South Korea ($111M), Chinese Taipei ($72.3M), and Vietnam ($44.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$467k (129%)
Japan$439k (3.14k%)
Laos$420k (7.45%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Thailand WERE (2021 - 2022):
United States-$19.8M (-100%)
Australia-$6.4M (-91%)
South Africa-$2.46M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Thailand's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.21M
TOP IMPORT POTENTIALSouth Korea+ $18.7M

Flat Flat-Rolled Steel’s highest export potential is Indonesia. With an export gap of $1.21M.   Flat Flat-Rolled Steel’s highest import potential is South Korea with an import gap of $18.7M.

See methodology.

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