2022
Exports
$15.9MWorld Rnk 31 / 198
Flag Rnk 632 / 1211
2022
PRODUCT COMPLEXITY IN Scales
0.96Rnk 184 / 1025
2022
Imports
$63.8MWorld Rnk 18 / 220
Flag Rnk 449 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $15.9M in Scales, making it the 31st largest exporter of Scales in the world. At the same year, Scales was the 632nd most exported product in Thailand. The main destination of Scales exports from Thailand are: Indonesia ($2.69M), Mexico ($2.47M), Laos ($1.24M), Australia ($870k), and Burma ($831k).

The fastest growing export markets for Scales of Thailand between 2021 and 2022 were Mexico ($1.99M), Australia ($678k), and India ($318k).

Imports In 2022, Thailand imported $63.8M in Scales, becoming the 18th largest importer of Scales in the world. At the same year, Scales was the 449th most imported product in Thailand. Thailand imports Scales primarily from: China ($39.1M), Japan ($8.83M), Germany ($1.73M), Canada ($1.72M), and Netherlands ($1.64M).

The fastest growing import markets in Scales for Thailand between 2021 and 2022 were Netherlands ($908k), Italy ($761k), and Singapore ($654k).

COMPANIES In 2023, leading companies such as IKEA Group (8) were at the forefront of shipping Scales from Thailand to the United States.

Latest Trends

Aug 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 Scales. 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)$15.9M
IMPORTS (2022)$63.8M
NET TRADE (2022)-$47.9M

In 2022, Thailand exported $15.9M in Scales. The main destinations of Thailand exports on Scales were Indonesia ($2.69M), Mexico ($2.47M), Laos ($1.24M), Australia ($870k), and Burma ($831k).

In 2022, Thailand imported $63.8M in Scales, mainly from China ($39.1M), Japan ($8.83M), Germany ($1.73M), Canada ($1.72M), and Netherlands ($1.64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Mexico$1.99M (407%)
Australia$678k (353%)
India$318k (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Thailand WERE (2021 - 2022):
Indonesia-$1.16M (-30.2%)
Hong Kong-$566k (-41.5%)
Thailand-$165k (-79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Thailand's main exporting competitors in Scales were:
China $1.91B
Japan $297M
In 2022, Thailand's main importing competitors in Scales were:

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19M
TOP IMPORT POTENTIALChina+ $3.87M

Scales’s highest export potential is United States. With an export gap of $1.19M.   Scales’s highest import potential is China with an import gap of $3.87M.

See methodology.

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