2023
Exports
$15.1BWorld Rnk 20 / 221
Flag Rnk 6 / 21
2023
PRODUCT COMPLEXITY IN Precious Metals
0.86Rnk 225 / 1025
2023
Imports
$12.1BWorld Rnk 15 / 223
Flag Rnk 7 / 21
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $15.1B in Precious Metals, making it the 20th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 6th most exported product in Thailand. The main destination of Precious Metals exports from Thailand are: Switzerland ($2.87B), Singapore ($2.81B), Hong Kong ($2.3B), United States ($1.72B), and Germany ($579M).

The fastest growing export markets for Precious Metals of Thailand between 2022 and 2023 were Singapore ($1.47B), Hong Kong ($741M), and Switzerland ($204M).

Imports In 2023, Thailand imported $12.1B in Precious Metals, becoming the 15th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 7th most imported product in Thailand. Thailand imports Precious Metals primarily from: Switzerland ($3.42B), Hong Kong ($2.19B), Singapore ($800M), India ($750M), and Japan ($656M).

The fastest growing import markets in Precious Metals for Thailand between 2022 and 2023 were Cambodia ($617M), France ($200M), and Malaysia ($107M).

COMPANIES In 2024, leading companies such as Samsung (8), Bedrosians Tile & Stone (4), and Ford Motor Company (2) were at the forefront of shipping Precious Metals from Thailand to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Precious Metals. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$15.1B
IMPORTS (2023)$12.1B
NET TRADE (2023)$3.04B

In 2023, Thailand exported $15.1B in Precious Metals. The main destinations of Thailand exports on Precious Metals were Switzerland ($2.87B), Singapore ($2.81B), Hong Kong ($2.3B), United States ($1.72B), and Germany ($579M).

In 2023, Thailand imported $12.1B in Precious Metals, mainly from Switzerland ($3.42B), Hong Kong ($2.19B), Singapore ($800M), India ($750M), and Japan ($656M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Singapore$1.47B (109%)
Hong Kong$741M (47.5%)
Switzerland$204M (7.65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY Thailand WERE (2022 - 2023):
Cambodia-$710M (-63.1%)
India-$632M (-62.4%)
Laos-$264M (-79%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Thailand's main exporting competitors in Precious Metals were:
In 2023, Thailand's main importing competitors in Precious Metals were:

Explore Visualizations

Trade Value of Precious Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $336M
TOP IMPORT POTENTIALUnited Arab Emirates+ $261M

Precious Metals’s highest export potential is India. With an export gap of $336M.   Precious Metals’s highest import potential is United Arab Emirates with an import gap of $261M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with