2023
Exports
$1.52BWorld Rnk 9 / 217
Flag Rnk 37 / 1212
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.46Rnk 52 / 1025
2023
Imports
$1.93BWorld Rnk 7 / 225
Flag Rnk 25 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.52B in Other Electrical Machinery, making it the 9th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 37th most exported product in Thailand. The main destination of Other Electrical Machinery exports from Thailand are: United States ($890M), China ($65.1M), Japan ($63.1M), Hong Kong ($57.4M), and Indonesia ($54.7M).

The fastest growing export markets for Other Electrical Machinery of Thailand between 2022 and 2023 were Indonesia ($32.9M), Paraguay ($32.4M), and Hong Kong ($29.3M).

Imports In 2023, Thailand imported $1.93B in Other Electrical Machinery, becoming the 7th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 25th most imported product in Thailand. Thailand imports Other Electrical Machinery primarily from: China ($797M), Japan ($337M), United States ($193M), Malaysia ($128M), and Chinese Taipei ($85.7M).

The fastest growing import markets in Other Electrical Machinery for Thailand between 2022 and 2023 were Malaysia ($54.6M), Mexico ($24.9M), and United Kingdom ($7.24M).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (25) and LG Electronics (5) were at the forefront of shipping Other Electrical Machinery 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 Other Electrical Machinery. 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)$1.52B
IMPORTS (2023)$1.93B
NET TRADE (2023)-$415M

In 2023, Thailand exported $1.52B in Other Electrical Machinery. The main destinations of Thailand exports on Other Electrical Machinery were United States ($890M), China ($65.1M), Japan ($63.1M), Hong Kong ($57.4M), and Indonesia ($54.7M).

In 2023, Thailand imported $1.93B in Other Electrical Machinery, mainly from China ($797M), Japan ($337M), United States ($193M), Malaysia ($128M), and Chinese Taipei ($85.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Indonesia$32.9M (151%)
Paraguay$32.4M (39.5k%)
Hong Kong$29.3M (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Thailand WERE (2022 - 2023):
United States-$39.7M (-4.27%)
China-$21.4M (-24.8%)
Canada-$9.05M (-46%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Other Electrical Machinery were:
In 2023, Thailand's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $69.9M
TOP IMPORT POTENTIALChina+ $70.1M

Other Electrical Machinery’s highest export potential is China. With an export gap of $69.9M.   Other Electrical Machinery’s highest import potential is China with an import gap of $70.1M.

See methodology.

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