2022
Exports
$97.7MWorld Rnk 15 / 180
Flag Rnk 328 / 1211
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$54.2MWorld Rnk 30 / 215
Flag Rnk 489 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $97.7M in Tufted Carpets, making it the 15th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 328th most exported product in Thailand. The main destination of Tufted Carpets exports from Thailand are: Japan ($36.3M), Australia ($15M), India ($8.28M), Saudi Arabia ($6.01M), and United States ($5.93M).

The fastest growing export markets for Tufted Carpets of Thailand between 2021 and 2022 were Saudi Arabia ($1.53M), Australia ($1.52M), and Germany ($1.03M).

Imports In 2022, Thailand imported $54.2M in Tufted Carpets, becoming the 30th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 489th most imported product in Thailand. Thailand imports Tufted Carpets primarily from: China ($43.6M), Vietnam ($3.68M), Japan ($1.93M), Germany ($1.6M), and Indonesia ($1.04M).

The fastest growing import markets in Tufted Carpets for Thailand between 2021 and 2022 were China ($23.7M), Vietnam ($1.28M), and Indonesia ($498k).

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 Tufted Carpets. 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)$97.7M
IMPORTS (2022)$54.2M
NET TRADE (2022)$43.5M

In 2022, Thailand exported $97.7M in Tufted Carpets. The main destinations of Thailand exports on Tufted Carpets were Japan ($36.3M), Australia ($15M), India ($8.28M), Saudi Arabia ($6.01M), and United States ($5.93M).

In 2022, Thailand imported $54.2M in Tufted Carpets, mainly from China ($43.6M), Vietnam ($3.68M), Japan ($1.93M), Germany ($1.6M), and Indonesia ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Saudi Arabia$1.53M (34.1%)
Australia$1.52M (11.3%)
Germany$1.03M (53.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Thailand WERE (2021 - 2022):
Singapore-$2.36M (-53.4%)
India-$2.04M (-19.8%)
Japan-$1.43M (-3.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Tufted Carpets were:
In 2022, Thailand's main importing competitors in Tufted Carpets were:

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.92M
TOP IMPORT POTENTIALVietnam+ $2.51M

Tufted Carpets’s highest export potential is United States. With an export gap of $4.92M.   Tufted Carpets’s highest import potential is Vietnam with an import gap of $2.51M.

See methodology.

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