2022
Exports
$7.66MWorld Rnk 21 / 80
Flag Rnk 748 / 1211
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$161MWorld Rnk 5 / 144
Flag Rnk 275 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $7.66M in Rare-Earth Metal Compounds, making it the 21st largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 748th most exported product in Thailand. The main destination of Rare-Earth Metal Compounds exports from Thailand are: Philippines ($2.75M), Japan ($2.47M), China ($2.07M), Hong Kong ($322k), and India ($25.5k).

The fastest growing export markets for Rare-Earth Metal Compounds of Thailand between 2021 and 2022 were Philippines ($2.73M), Japan ($2.47M), and China ($2.07M).

Imports In 2022, Thailand imported $161M in Rare-Earth Metal Compounds, becoming the 5th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 275th most imported product in Thailand. Thailand imports Rare-Earth Metal Compounds primarily from: Malaysia ($105M), China ($38.3M), Estonia ($9.4M), Japan ($6.43M), and Vietnam ($1.43M).

The fastest growing import markets in Rare-Earth Metal Compounds for Thailand between 2021 and 2022 were Malaysia ($45.9M), China ($15.6M), and Vietnam ($1.33M).

Latest Trends

Sep 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 Rare-Earth Metal Compounds. 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)$7.66M
IMPORTS (2022)$161M
NET TRADE (2022)-$153M

In 2022, Thailand exported $7.66M in Rare-Earth Metal Compounds. The main destinations of Thailand exports on Rare-Earth Metal Compounds were Philippines ($2.75M), Japan ($2.47M), China ($2.07M), Hong Kong ($322k), and India ($25.5k).

In 2022, Thailand imported $161M in Rare-Earth Metal Compounds, mainly from Malaysia ($105M), China ($38.3M), Estonia ($9.4M), Japan ($6.43M), and Vietnam ($1.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Philippines$2.73M (14.3k%)
Japan$2.47M (1%)
China$2.07M (2.01M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Thailand WERE (2021 - 2022):
Vietnam-$2.49M (-100%)
Netherlands-$548k (-100%)
Germany-$103k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Thailand's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.67M
TOP IMPORT POTENTIALChina+ $2.09M

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $1.67M.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $2.09M.

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