2023
Exports
$260MWorld Rnk 7 / 131
Flag Rnk 189 / 1212
2023
PRODUCT COMPLEXITY IN Metal Lathes
1.73Rnk 21 / 1025
2023
Imports
$111MWorld Rnk 16 / 190
Flag Rnk 323 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $260M in Metal Lathes, making it the 7th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 189th most exported product in Thailand. The main destination of Metal Lathes exports from Thailand are: United States ($62.1M), Japan ($45.1M), Chinese Taipei ($24.6M), Switzerland ($20M), and South Korea ($17.4M).

The fastest growing export markets for Metal Lathes of Thailand between 2022 and 2023 were Switzerland ($11M), Brazil ($3.45M), and India ($3.36M).

Imports In 2023, Thailand imported $111M in Metal Lathes, becoming the 16th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 323rd most imported product in Thailand. Thailand imports Metal Lathes primarily from: Japan ($43.4M), Chinese Taipei ($20.3M), China ($17.4M), Czechia ($6.81M), and Switzerland ($5.14M).

The fastest growing import markets in Metal Lathes for Thailand between 2022 and 2023 were Czechia ($4.01M), Switzerland ($3.93M), and Germany ($3.01M).

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 Metal Lathes. 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)$260M
IMPORTS (2023)$111M
NET TRADE (2023)$148M

In 2023, Thailand exported $260M in Metal Lathes. The main destinations of Thailand exports on Metal Lathes were United States ($62.1M), Japan ($45.1M), Chinese Taipei ($24.6M), Switzerland ($20M), and South Korea ($17.4M).

In 2023, Thailand imported $111M in Metal Lathes, mainly from Japan ($43.4M), Chinese Taipei ($20.3M), China ($17.4M), Czechia ($6.81M), and Switzerland ($5.14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Switzerland$11M (123%)
Brazil$3.45M (180%)
India$3.36M (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Thailand WERE (2022 - 2023):
Japan-$6.31M (-12.3%)
Chinese Taipei-$4.15M (-14.4%)
Malaysia-$4.14M (-50.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Metal Lathes were:
Japan $1.84B
China $1.01B
In 2023, Thailand's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.06M
TOP IMPORT POTENTIALChina+ $4.14M

Metal Lathes’s highest export potential is China. With an export gap of $7.06M.   Metal Lathes’s highest import potential is China with an import gap of $4.14M.

See methodology.

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