2022
Exports
$116MWorld Rnk 29 / 170
Flag Rnk 20 / 21
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$246MWorld Rnk 18 / 206
Flag Rnk 20 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $116M in Weapons, making it the 29th largest exporter of Weapons in the world. At the same year, Weapons was the 20th most exported product in Thailand. The main destination of Weapons exports from Thailand are: Japan ($106M), United States ($5.47M), Spain ($2.09M), Singapore ($730k), and China ($605k).

The fastest growing export markets for Weapons of Thailand between 2021 and 2022 were Japan ($106M), United States ($5.27M), and Spain ($1.02M).

Imports In 2022, Thailand imported $246M in Weapons, becoming the 18th largest importer of Weapons in the world. At the same year, Weapons was the 20th most imported product in Thailand. Thailand imports Weapons primarily from: United States ($98.7M), China ($27.9M), Israel ($27.1M), Italy ($25.4M), and Czechia ($12.9M).

The fastest growing import markets in Weapons for Thailand between 2021 and 2022 were United States ($33.9M), Italy ($24.1M), and China ($20.9M).

COMPANIES In 2023, leading companies such as Tesla (14), Stanley Black & Decker (8), and Polyplex (5) were at the forefront of shipping Weapons from Thailand to the United States.

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 Weapons. 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)$116M
IMPORTS (2022)$246M
NET TRADE (2022)-$130M

In 2022, Thailand exported $116M in Weapons. The main destinations of Thailand exports on Weapons were Japan ($106M), United States ($5.47M), Spain ($2.09M), Singapore ($730k), and China ($605k).

In 2022, Thailand imported $246M in Weapons, mainly from United States ($98.7M), China ($27.9M), Israel ($27.1M), Italy ($25.4M), and Czechia ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$106M (77.7M%)
United States$5.27M (2.61k%)
Spain$1.02M (94.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Thailand WERE (2021 - 2022):
Singapore-$634k (-46.5%)
France-$291k (-93.3%)
Poland-$250k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $5.53M
TOP IMPORT POTENTIALSouth Korea+ $2.68M

Weapons’s highest export potential is United States. With an export gap of $5.53M.   Weapons’s highest import potential is South Korea with an import gap of $2.68M.

See methodology.

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