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Exports In 2022, Thailand exported $213k in Balances, making it the 34th largest exporter of Balances in the world. At the same year, Balances was the 1088th most exported product in Thailand. The main destination of Balances exports from Thailand are: Cambodia ($72.9k), Vietnam ($42.3k), Singapore ($16.6k), Laos ($12.4k), and France ($11.2k).

The fastest growing export markets for Balances of Thailand between 2021 and 2022 were Cambodia ($49.4k), Vietnam ($35.3k), and Singapore ($14.3k).

Imports In 2022, Thailand imported $5.42M in Balances, becoming the 16th largest importer of Balances in the world. At the same year, Balances was the 925th most imported product in Thailand. Thailand imports Balances primarily from: China ($2.87M), Germany ($1.09M), Japan ($592k), Philippines ($357k), and Switzerland ($165k).

The fastest growing import markets in Balances for Thailand between 2021 and 2022 were China ($264k), Japan ($152k), and Germany ($36.4k).

Latest Trends

Aug 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 Balances. 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)$213k
IMPORTS (2022)$5.42M
NET TRADE (2022)-$5.2M

In 2022, Thailand exported $213k in Balances. The main destinations of Thailand exports on Balances were Cambodia ($72.9k), Vietnam ($42.3k), Singapore ($16.6k), Laos ($12.4k), and France ($11.2k).

In 2022, Thailand imported $5.42M in Balances, mainly from China ($2.87M), Germany ($1.09M), Japan ($592k), Philippines ($357k), and Switzerland ($165k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Cambodia$49.4k (210%)
Vietnam$35.3k (505%)
Singapore$14.3k (603%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Thailand WERE (2021 - 2022):
Italy-$24.2k (-100%)
Laos-$22.1k (-64%)
United Arab Emirates-$22.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $15.3k
TOP IMPORT POTENTIALPhilippines+ $123k

Balances’s highest export potential is United States. With an export gap of $15.3k.   Balances’s highest import potential is Philippines with an import gap of $123k.

See methodology.

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