2023
Exports
$871MWorld Rnk 21 / 226
Flag Rnk 19 / 21
2023
PRODUCT COMPLEXITY IN Footwear and Headwear
0.31Rnk 455 / 1025
2023
Imports
$1.18BWorld Rnk 29 / 226
Flag Rnk 17 / 21
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $871M in Footwear and Headwear, making it the 21st largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 19th most exported product in Thailand. The main destination of Footwear and Headwear exports from Thailand are: United States ($132M), France ($63.5M), Japan ($55.2M), China ($49.7M), and Germany ($47.5M).

The fastest growing export markets for Footwear and Headwear of Thailand between 2022 and 2023 were Poland ($12.1M), Russia ($11.3M), and Japan ($8.67M).

Imports In 2023, Thailand imported $1.18B in Footwear and Headwear, becoming the 29th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 17th most imported product in Thailand. Thailand imports Footwear and Headwear primarily from: China ($710M), Vietnam ($200M), Italy ($92.4M), Indonesia ($60.8M), and Cambodia ($21.4M).

The fastest growing import markets in Footwear and Headwear for Thailand between 2022 and 2023 were Vietnam ($76.5M), Italy ($20.7M), and Indonesia ($17.2M).

COMPANIES In 2024, leading companies such as Dana Incorporated (39), IKEA Group (4), and Electrolux (2) were at the forefront of shipping Footwear and Headwear from Thailand to the United States.

Latest Trends

Dec 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 Footwear and Headwear. 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)$871M
IMPORTS (2023)$1.18B
NET TRADE (2023)-$309M

In 2023, Thailand exported $871M in Footwear and Headwear. The main destinations of Thailand exports on Footwear and Headwear were United States ($132M), France ($63.5M), Japan ($55.2M), China ($49.7M), and Germany ($47.5M).

In 2023, Thailand imported $1.18B in Footwear and Headwear, mainly from China ($710M), Vietnam ($200M), Italy ($92.4M), Indonesia ($60.8M), and Cambodia ($21.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Poland$12.1M (96%)
Russia$11.3M (110%)
Japan$8.67M (18.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Thailand WERE (2022 - 2023):
United States-$82.1M (-38.3%)
Vietnam-$11M (-39.6%)
Italy-$8.37M (-42.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Footwear and Headwear were:
China $66.5B
Vietnam $29.5B
Italy $15.2B
In 2023, Thailand's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.5M
TOP IMPORT POTENTIALChina+ $145M

Footwear and Headwear’s highest export potential is United States. With an export gap of $98.5M.   Footwear and Headwear’s highest import potential is China with an import gap of $145M.

See methodology.

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