2023
Exports
$594MWorld Rnk 19 / 226
Flag Rnk 107 / 1212
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$966MWorld Rnk 14 / 226
Flag Rnk 54 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $594M in Iron Fasteners, making it the 19th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 107th most exported product in Thailand. The main destination of Iron Fasteners exports from Thailand are: United States ($94.1M), India ($77M), Germany ($58.2M), Indonesia ($42.5M), and Argentina ($33.3M).

The fastest growing export markets for Iron Fasteners of Thailand between 2022 and 2023 were India ($29.7M), Poland ($10.9M), and South Korea ($3.37M).

Imports In 2023, Thailand imported $966M in Iron Fasteners, becoming the 14th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 54th most imported product in Thailand. Thailand imports Iron Fasteners primarily from: Japan ($369M), China ($249M), Chinese Taipei ($92.5M), United States ($58.1M), and Malaysia ($39.1M).

The fastest growing import markets in Iron Fasteners for Thailand between 2022 and 2023 were Germany ($9.23M), United States ($2.11M), and South Korea ($1.3M).

COMPANIES In 2024, leading companies such as Samsung (41), Sutong (19), and Ford Motor Company (2) were at the forefront of shipping Iron Fasteners 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 Iron Fasteners. 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)$594M
IMPORTS (2023)$966M
NET TRADE (2023)-$372M

In 2023, Thailand exported $594M in Iron Fasteners. The main destinations of Thailand exports on Iron Fasteners were United States ($94.1M), India ($77M), Germany ($58.2M), Indonesia ($42.5M), and Argentina ($33.3M).

In 2023, Thailand imported $966M in Iron Fasteners, mainly from Japan ($369M), China ($249M), Chinese Taipei ($92.5M), United States ($58.1M), and Malaysia ($39.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
India$29.7M (62.7%)
Poland$10.9M (115%)
South Korea$3.37M (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Thailand WERE (2022 - 2023):
United States-$81M (-46.3%)
Italy-$7.46M (-28.1%)
China-$7.03M (-46.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Iron Fasteners were:
In 2023, Thailand's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.3M
TOP IMPORT POTENTIALChina+ $64M

Iron Fasteners’s highest export potential is United States. With an export gap of $33.3M.   Iron Fasteners’s highest import potential is China with an import gap of $64M.

See methodology.

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