2022
Exports
$14.2MWorld Rnk 18 / 183
Flag Rnk 650 / 1211
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$21.5MWorld Rnk 19 / 216
Flag Rnk 690 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $14.2M in Basketwork, making it the 18th largest exporter of Basketwork in the world. At the same year, Basketwork was the 650th most exported product in Thailand. The main destination of Basketwork exports from Thailand are: United States ($10.9M), Hong Kong ($1.72M), Japan ($155k), United Arab Emirates ($138k), and Singapore ($136k).

The fastest growing export markets for Basketwork of Thailand between 2021 and 2022 were Hong Kong ($139k), Paraguay ($38.3k), and Ecuador ($35.7k).

Imports In 2022, Thailand imported $21.5M in Basketwork, becoming the 19th largest importer of Basketwork in the world. At the same year, Basketwork was the 690th most imported product in Thailand. Thailand imports Basketwork primarily from: China ($19.7M), France ($543k), Vietnam ($436k), Spain ($312k), and Indonesia ($113k).

The fastest growing import markets in Basketwork for Thailand between 2021 and 2022 were China ($6.12M), France ($459k), and Indonesia ($68.1k).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Basketwork 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 Basketwork. 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)$14.2M
IMPORTS (2022)$21.5M
NET TRADE (2022)-$7.31M

In 2022, Thailand exported $14.2M in Basketwork. The main destinations of Thailand exports on Basketwork were United States ($10.9M), Hong Kong ($1.72M), Japan ($155k), United Arab Emirates ($138k), and Singapore ($136k).

In 2022, Thailand imported $21.5M in Basketwork, mainly from China ($19.7M), France ($543k), Vietnam ($436k), Spain ($312k), and Indonesia ($113k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Hong Kong$139k (8.79%)
Paraguay$38.3k (1%)
Ecuador$35.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Thailand WERE (2021 - 2022):
United States-$1.11M (-9.21%)
Burma-$198k (-76.3%)
Japan-$143k (-48.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $262k
TOP IMPORT POTENTIALVietnam+ $719k

Basketwork’s highest export potential is China. With an export gap of $262k.   Basketwork’s highest import potential is Vietnam with an import gap of $719k.

See methodology.

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