2022
Exports
$3.11BWorld Rnk 19 / 221
Flag Rnk 18 / 96
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
Imports
$669MWorld Rnk 43 / 226
Flag Rnk 50 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $3.11B in Wood, wood articles, & charcoal, making it the 19th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 18th most exported product in Thailand. The main destination of Wood, wood articles, & charcoal exports from Thailand are: China ($1.19B), South Korea ($222M), United Arab Emirates ($196M), United States ($192M), and Saudi Arabia ($190M).

The fastest growing export markets for Wood, wood articles, & charcoal of Thailand between 2021 and 2022 were Japan ($58.7M), Lebanon ($20.2M), and United Arab Emirates ($18.1M).

Imports In 2022, Thailand imported $669M in Wood, wood articles, & charcoal, becoming the 43rd largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 50th most imported product in Thailand. Thailand imports Wood, wood articles, & charcoal primarily from: China ($323M), Malaysia ($64.1M), Vietnam ($50.8M), United States ($26.5M), and New Zealand ($25.5M).

The fastest growing import markets in Wood, wood articles, & charcoal for Thailand between 2021 and 2022 were China ($17.8M), United Arab Emirates ($14.4M), and United States ($5.78M).

COMPANIES In 2023, leading companies such as IKEA Group (170), Samsung (89), and Cali Bamboo Flooring (27) were at the forefront of shipping Wood, wood articles, & charcoal from Thailand to the United States.

Latest Trends

Jul 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 Wood, wood articles, & charcoal. 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)$3.11B
IMPORTS (2022)$669M
NET TRADE (2022)$2.44B

In 2022, Thailand exported $3.11B in Wood, wood articles, & charcoal. The main destinations of Thailand exports on Wood, wood articles, & charcoal were China ($1.19B), South Korea ($222M), United Arab Emirates ($196M), United States ($192M), and Saudi Arabia ($190M).

In 2022, Thailand imported $669M in Wood, wood articles, & charcoal, mainly from China ($323M), Malaysia ($64.1M), Vietnam ($50.8M), United States ($26.5M), and New Zealand ($25.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$58.7M (50.5%)
Lebanon$20.2M (75.2%)
United Arab Emirates$18.1M (10.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Thailand WERE (2021 - 2022):
Egypt-$44M (-34%)
Malaysia-$40.5M (-27.8%)
South Korea-$30.2M (-12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Thailand's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.4M
TOP IMPORT POTENTIALChina+ $23.2M

Wood, wood articles, & charcoal’s highest export potential is United States. With an export gap of $51.4M.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $23.2M.

See methodology.

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