2022
Exports
$271MWorld Rnk 1 / 84
Flag Rnk 182 / 1211
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$257MWorld Rnk 2 / 100
Flag Rnk 197 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $271M in Scrap Vessels, making it the 1st largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 182nd most exported product in Thailand. The main destination of Scrap Vessels exports from Thailand are: Singapore ($121M), Chinese Taipei ($92.1M), Indonesia ($56.8M), India ($1.16M), and Malaysia ($2.39k).

The fastest growing export markets for Scrap Vessels of Thailand between 2021 and 2022 were Singapore ($121M), Chinese Taipei ($92.1M), and Indonesia ($56.8M).

Imports In 2022, Thailand imported $257M in Scrap Vessels, becoming the 2nd largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 197th most imported product in Thailand. Thailand imports Scrap Vessels primarily from: Norway ($104M), Bahamas ($86.9M), Indonesia ($29.2M), Panama ($26.3M), and Vietnam ($10.6M).

The fastest growing import markets in Scrap Vessels for Thailand between 2021 and 2022 were Panama ($26.3M), Vietnam ($10.6M), and Norway ($8.37M).

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 Scrap Vessels. 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)$271M
IMPORTS (2022)$257M
NET TRADE (2022)$13.9M

In 2022, Thailand exported $271M in Scrap Vessels. The main destinations of Thailand exports on Scrap Vessels were Singapore ($121M), Chinese Taipei ($92.1M), Indonesia ($56.8M), India ($1.16M), and Malaysia ($2.39k).

In 2022, Thailand imported $257M in Scrap Vessels, mainly from Norway ($104M), Bahamas ($86.9M), Indonesia ($29.2M), Panama ($26.3M), and Vietnam ($10.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Singapore$121M (1%)
Chinese Taipei$92.1M (1%)
Indonesia$56.8M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Thailand WERE (2021 - 2022):
China-$51.8M (-100%)
Pakistan-$5.14M (-100%)
Papua New Guinea-$57k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Scrap Vessels were:
In 2022, Thailand's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.98M
TOP IMPORT POTENTIALGermany+ $20.8k

Scrap Vessels’s highest export potential is India. With an export gap of $2.98M.   Scrap Vessels’s highest import potential is Germany with an import gap of $20.8k.

See methodology.

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