2022
Exports
$97.5MWorld Rnk 31 / 200
Flag Rnk 329 / 1211
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$181MWorld Rnk 27 / 220
Flag Rnk 257 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $97.5M in Navigation Equipment, making it the 31st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 329th most exported product in Thailand. The main destination of Navigation Equipment exports from Thailand are: Indonesia ($26.5M), Japan ($16.2M), Vietnam ($15M), United States ($6.17M), and Malaysia ($5.71M).

The fastest growing export markets for Navigation Equipment of Thailand between 2021 and 2022 were United States ($3.96M), Brazil ($3.18M), and Malaysia ($1.65M).

Imports In 2022, Thailand imported $181M in Navigation Equipment, becoming the 27th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 257th most imported product in Thailand. Thailand imports Navigation Equipment primarily from: China ($67.4M), Philippines ($29.5M), Japan ($28.6M), Italy ($14.6M), and Germany ($9.39M).

The fastest growing import markets in Navigation Equipment for Thailand between 2021 and 2022 were China ($15M), Philippines ($14.9M), and Italy ($14.2M).

COMPANIES In 2023, leading companies such as Signify Lighting (4) and Kubota (1) were at the forefront of shipping Navigation Equipment 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 Navigation Equipment. 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)$97.5M
IMPORTS (2022)$181M
NET TRADE (2022)-$83.2M

In 2022, Thailand exported $97.5M in Navigation Equipment. The main destinations of Thailand exports on Navigation Equipment were Indonesia ($26.5M), Japan ($16.2M), Vietnam ($15M), United States ($6.17M), and Malaysia ($5.71M).

In 2022, Thailand imported $181M in Navigation Equipment, mainly from China ($67.4M), Philippines ($29.5M), Japan ($28.6M), Italy ($14.6M), and Germany ($9.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$3.96M (178%)
Brazil$3.18M (161%)
Malaysia$1.65M (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Thailand WERE (2021 - 2022):
Japan-$7.05M (-30.3%)
Turkey-$6.46M (-98.7%)
Russia-$5.39M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Navigation Equipment were:
In 2022, Thailand's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.7M
TOP IMPORT POTENTIALChina+ $14.7M

Navigation Equipment’s highest export potential is United States. With an export gap of $9.7M.   Navigation Equipment’s highest import potential is China with an import gap of $14.7M.

See methodology.

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