2023
Exports
$102MWorld Rnk 19 / 197
Flag Rnk 306 / 1212
2023
PRODUCT COMPLEXITY IN Iron Springs
0.93Rnk 197 / 1025
2023
Imports
$140MWorld Rnk 18 / 218
Flag Rnk 285 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $102M in Iron Springs, making it the 19th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 306th most exported product in Thailand. The main destination of Iron Springs exports from Thailand are: Philippines ($30.5M), Indonesia ($13.4M), Vietnam ($10.2M), China ($8.65M), and Malaysia ($5.51M).

The fastest growing export markets for Iron Springs of Thailand between 2022 and 2023 were Philippines ($26.3M), China ($3.42M), and Burma ($1.02M).

Imports In 2023, Thailand imported $140M in Iron Springs, becoming the 18th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 285th most imported product in Thailand. Thailand imports Iron Springs primarily from: China ($39.3M), Japan ($38.7M), Indonesia ($18.2M), United States ($7.93M), and Malaysia ($7.51M).

The fastest growing import markets in Iron Springs for Thailand between 2022 and 2023 were Philippines ($422k), Spain ($351k), and India ($334k).

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 Springs. 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)$102M
IMPORTS (2023)$140M
NET TRADE (2023)-$37.5M

In 2023, Thailand exported $102M in Iron Springs. The main destinations of Thailand exports on Iron Springs were Philippines ($30.5M), Indonesia ($13.4M), Vietnam ($10.2M), China ($8.65M), and Malaysia ($5.51M).

In 2023, Thailand imported $140M in Iron Springs, mainly from China ($39.3M), Japan ($38.7M), Indonesia ($18.2M), United States ($7.93M), and Malaysia ($7.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Philippines$26.3M (633%)
China$3.42M (65.4%)
Burma$1.02M (203%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Thailand WERE (2022 - 2023):
United States-$3.16M (-45.8%)
Pakistan-$2.4M (-89.8%)
Malaysia-$1.86M (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.59M
TOP IMPORT POTENTIALGermany+ $3.89M

Iron Springs’s highest export potential is United States. With an export gap of $5.59M.   Iron Springs’s highest import potential is Germany with an import gap of $3.89M.

See methodology.

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