2023
Exports
$311MWorld Rnk 7 / 195
Flag Rnk 159 / 1212
2023
PRODUCT COMPLEXITY IN Iron Stovetops
0.36Rnk 434 / 1025
2023
Imports
$93.1MWorld Rnk 24 / 222
Flag Rnk 356 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $311M in Iron Stovetops, making it the 7th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 159th most exported product in Thailand. The main destination of Iron Stovetops exports from Thailand are: United States ($270M), Canada ($13.5M), United Kingdom ($7.15M), Australia ($4.57M), and Japan ($2.36M).

The fastest growing export markets for Iron Stovetops of Thailand between 2022 and 2023 were United Kingdom ($2.66M), Japan ($1.62M), and South Korea ($820k).

Imports In 2023, Thailand imported $93.1M in Iron Stovetops, becoming the 24th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 356th most imported product in Thailand. Thailand imports Iron Stovetops primarily from: China ($83.1M), Switzerland ($2.29M), Italy ($2.26M), Vietnam ($2.07M), and South Korea ($721k).

The fastest growing import markets in Iron Stovetops for Thailand between 2022 and 2023 were China ($16.6M), Japan ($76.5k), and Spain ($45.1k).

COMPANIES In 2024, leading companies such as Electrolux (51) and Samsung (7) were at the forefront of shipping Iron Stovetops 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 Stovetops. 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)$311M
IMPORTS (2023)$93.1M
NET TRADE (2023)$218M

In 2023, Thailand exported $311M in Iron Stovetops. The main destinations of Thailand exports on Iron Stovetops were United States ($270M), Canada ($13.5M), United Kingdom ($7.15M), Australia ($4.57M), and Japan ($2.36M).

In 2023, Thailand imported $93.1M in Iron Stovetops, mainly from China ($83.1M), Switzerland ($2.29M), Italy ($2.26M), Vietnam ($2.07M), and South Korea ($721k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
United Kingdom$2.66M (59%)
Japan$1.62M (216%)
South Korea$820k (346%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Thailand WERE (2022 - 2023):
United States-$10.3M (-3.66%)
Canada-$3.23M (-19.3%)
Australia-$1.6M (-25.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Iron Stovetops were:
China $4.58B
Italy $690M
In 2023, Thailand's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $3.79M
TOP IMPORT POTENTIALChina+ $14.6M

Iron Stovetops’s highest export potential is United Kingdom. With an export gap of $3.79M.   Iron Stovetops’s highest import potential is China with an import gap of $14.6M.

See methodology.

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