2022
Exports
$10.3MWorld Rnk 32 / 91
Flag Rnk 708 / 1211
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$392MWorld Rnk 3 / 169
Flag Rnk 154 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $10.3M in Steel Bars, making it the 32nd largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 708th most exported product in Thailand. The main destination of Steel Bars exports from Thailand are: Chinese Taipei ($6.16M), China ($2.05M), Indonesia ($874k), Pakistan ($748k), and Vietnam ($188k).

The fastest growing export markets for Steel Bars of Thailand between 2021 and 2022 were China ($1.53M), Indonesia ($364k), and Vietnam ($188k).

Imports In 2022, Thailand imported $392M in Steel Bars, becoming the 3rd largest importer of Steel Bars in the world. At the same year, Steel Bars was the 154th most imported product in Thailand. Thailand imports Steel Bars primarily from: China ($206M), Japan ($102M), Russia ($29M), India ($19.9M), and Vietnam ($18.6M).

The fastest growing import markets in Steel Bars for Thailand between 2021 and 2022 were Russia ($29M), China ($27.9M), and Vietnam ($4.14M).

Latest Trends

Oct 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 Steel Bars. 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)$10.3M
IMPORTS (2022)$392M
NET TRADE (2022)-$382M

In 2022, Thailand exported $10.3M in Steel Bars. The main destinations of Thailand exports on Steel Bars were Chinese Taipei ($6.16M), China ($2.05M), Indonesia ($874k), Pakistan ($748k), and Vietnam ($188k).

In 2022, Thailand imported $392M in Steel Bars, mainly from China ($206M), Japan ($102M), Russia ($29M), India ($19.9M), and Vietnam ($18.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$1.53M (293%)
Indonesia$364k (71.3%)
Vietnam$188k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Thailand WERE (2021 - 2022):
Chinese Taipei-$5.58M (-47.5%)
Laos-$263k (-95.8%)
Malaysia-$18.2k (-75.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Steel Bars were:
In 2022, Thailand's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $774k
TOP IMPORT POTENTIALIndia+ $2.76M

Steel Bars’s highest export potential is China. With an export gap of $774k.   Steel Bars’s highest import potential is India with an import gap of $2.76M.

See methodology.

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