2022
Exports
$2.35BWorld Rnk 8 / 213
Flag Rnk 26 / 1211
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$480MWorld Rnk 31 / 224
Flag Rnk 121 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $2.35B in Refrigerators, making it the 8th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 26th most exported product in Thailand. The main destination of Refrigerators exports from Thailand are: United States ($511M), Japan ($256M), Vietnam ($208M), Australia ($200M), and India ($97.4M).

The fastest growing export markets for Refrigerators of Thailand between 2021 and 2022 were Vietnam ($40.4M), Sweden ($16.8M), and Philippines ($10.5M).

Imports In 2022, Thailand imported $480M in Refrigerators, becoming the 31st largest importer of Refrigerators in the world. At the same year, Refrigerators was the 121st most imported product in Thailand. Thailand imports Refrigerators primarily from: China ($335M), Indonesia ($30.1M), Vietnam ($16.6M), Italy ($13.6M), and United States ($10.8M).

The fastest growing import markets in Refrigerators for Thailand between 2021 and 2022 were China ($27.2M), Turkey ($407k), and Germany ($334k).

COMPANIES In 2023, leading companies such as Samsung (1.09k), Electrolux (854), and Red Bull (69) were at the forefront of shipping Refrigerators from Thailand to the United States.

Latest Trends

Aug 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 Refrigerators. 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)$2.35B
IMPORTS (2022)$480M
NET TRADE (2022)$1.87B

In 2022, Thailand exported $2.35B in Refrigerators. The main destinations of Thailand exports on Refrigerators were United States ($511M), Japan ($256M), Vietnam ($208M), Australia ($200M), and India ($97.4M).

In 2022, Thailand imported $480M in Refrigerators, mainly from China ($335M), Indonesia ($30.1M), Vietnam ($16.6M), Italy ($13.6M), and United States ($10.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$40.4M (24.2%)
Sweden$16.8M (72.7%)
Philippines$10.5M (20.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Thailand WERE (2021 - 2022):
Japan-$93.6M (-26.8%)
Saudi Arabia-$42.8M (-65.5%)
United Arab Emirates-$22.2M (-23.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Thailand's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $104M
TOP IMPORT POTENTIALChina+ $42.5M

Refrigerators’s highest export potential is United States. With an export gap of $104M.   Refrigerators’s highest import potential is China with an import gap of $42.5M.

See methodology.

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