2022
Exports
$36.3MWorld Rnk 24 / 218
Flag Rnk 492 / 1211
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$100MWorld Rnk 25 / 224
Flag Rnk 365 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $36.3M in Other Hand Tools, making it the 24th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 492nd most exported product in Thailand. The main destination of Other Hand Tools exports from Thailand are: United States ($7.66M), Japan ($6.78M), Cambodia ($2.4M), South Africa ($2M), and Burma ($1.79M).

The fastest growing export markets for Other Hand Tools of Thailand between 2021 and 2022 were Japan ($2.1M), South Africa ($1.77M), and Malaysia ($558k).

Imports In 2022, Thailand imported $100M in Other Hand Tools, becoming the 25th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 365th most imported product in Thailand. Thailand imports Other Hand Tools primarily from: China ($65.2M), Chinese Taipei ($7.92M), Japan ($7.65M), United States ($5.34M), and Germany ($2.53M).

The fastest growing import markets in Other Hand Tools for Thailand between 2021 and 2022 were China ($7.91M), United States ($1.86M), and Chinese Taipei ($731k).

COMPANIES In 2023, leading companies such as LG Electronics (64), American Omni Trading Company (6), and Stanley Black & Decker (5) were at the forefront of shipping Other Hand Tools from Thailand to the United States.

Latest Trends

Jul 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 Hand Tools. 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)$36.3M
IMPORTS (2022)$100M
NET TRADE (2022)-$63.8M

In 2022, Thailand exported $36.3M in Other Hand Tools. The main destinations of Thailand exports on Other Hand Tools were United States ($7.66M), Japan ($6.78M), Cambodia ($2.4M), South Africa ($2M), and Burma ($1.79M).

In 2022, Thailand imported $100M in Other Hand Tools, mainly from China ($65.2M), Chinese Taipei ($7.92M), Japan ($7.65M), United States ($5.34M), and Germany ($2.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$2.1M (44.7%)
South Africa$1.77M (772%)
Malaysia$558k (64.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Thailand WERE (2021 - 2022):
Thailand-$795k (-64.8%)
Germany-$573k (-27.2%)
Indonesia-$505k (-50.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Other Hand Tools were:
In 2022, Thailand's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.62M
TOP IMPORT POTENTIALChina+ $6.97M

Other Hand Tools’s highest export potential is United States. With an export gap of $3.62M.   Other Hand Tools’s highest import potential is China with an import gap of $6.97M.

See methodology.

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