2022
Exports
$688MWorld Rnk 15 / 224
Flag Rnk 95 / 1211
2022
PRODUCT COMPLEXITY IN Iron Fasteners
1.68Rnk 27 / 1025
2022
Imports
$959MWorld Rnk 15 / 225
Flag Rnk 54 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $688M in Iron Fasteners, making it the 15th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 95th most exported product in Thailand. The main destination of Iron Fasteners exports from Thailand are: United States ($165M), India ($60.1M), Germany ($49.1M), Indonesia ($43.5M), and Japan ($39.6M).

The fastest growing export markets for Iron Fasteners of Thailand between 2021 and 2022 were United States ($65M), Italy ($10.7M), and Germany ($8.71M).

Imports In 2022, Thailand imported $959M in Iron Fasteners, becoming the 15th 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 ($351M), China ($282M), Chinese Taipei ($89.7M), Malaysia ($60M), and United States ($39.1M).

The fastest growing import markets in Iron Fasteners for Thailand between 2021 and 2022 were China ($72.2M), United States ($12.7M), and United Kingdom ($9.07M).

COMPANIES In 2023, leading companies such as Samsung (20), Linglong Tire (7), and Konecranes (3) were at the forefront of shipping Iron Fasteners from Thailand to the United States.

Latest Trends

Oct 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 (2022)$688M
IMPORTS (2022)$959M
NET TRADE (2022)-$271M

In 2022, Thailand exported $688M in Iron Fasteners. The main destinations of Thailand exports on Iron Fasteners were United States ($165M), India ($60.1M), Germany ($49.1M), Indonesia ($43.5M), and Japan ($39.6M).

In 2022, Thailand imported $959M in Iron Fasteners, mainly from Japan ($351M), China ($282M), Chinese Taipei ($89.7M), Malaysia ($60M), and United States ($39.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$65M (65%)
Italy$10.7M (61.5%)
Germany$8.71M (21.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Thailand WERE (2021 - 2022):
South Africa-$7.73M (-27.8%)
Indonesia-$6.1M (-12.3%)
Mexico-$2.77M (-46.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Iron Fasteners were:
In 2022, 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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