2023
Exports
$731MWorld Rnk 10 / 215
Flag Rnk 90 / 1212
2023
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.78Rnk 258 / 1025
2023
Imports
$831MWorld Rnk 9 / 224
Flag Rnk 67 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $731M in Bi-Wheel Vehicle Parts, making it the 10th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 90th most exported product in Thailand. The main destination of Bi-Wheel Vehicle Parts exports from Thailand are: Indonesia ($106M), Japan ($104M), Brazil ($91.8M), Cambodia ($53.8M), and Philippines ($52.5M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Thailand between 2022 and 2023 were Philippines ($20.8M), China ($12.3M), and Japan ($11.8M).

Imports In 2023, Thailand imported $831M in Bi-Wheel Vehicle Parts, becoming the 9th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 67th most imported product in Thailand. Thailand imports Bi-Wheel Vehicle Parts primarily from: United States ($164M), China ($126M), Vietnam ($114M), Japan ($102M), and Italy ($70.6M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Thailand between 2022 and 2023 were Indonesia ($7.32M), Australia ($1.11M), and India ($402k).

Latest Trends

Jan 2025

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 Bi-Wheel Vehicle Parts. 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 (2023)$731M
IMPORTS (2023)$831M
NET TRADE (2023)-$100M

In 2023, Thailand exported $731M in Bi-Wheel Vehicle Parts. The main destinations of Thailand exports on Bi-Wheel Vehicle Parts were Indonesia ($106M), Japan ($104M), Brazil ($91.8M), Cambodia ($53.8M), and Philippines ($52.5M).

In 2023, Thailand imported $831M in Bi-Wheel Vehicle Parts, mainly from United States ($164M), China ($126M), Vietnam ($114M), Japan ($102M), and Italy ($70.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Philippines$20.8M (65.9%)
China$12.3M (205%)
Japan$11.8M (12.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Thailand WERE (2022 - 2023):
Cambodia-$67.6M (-55.7%)
Italy-$12.3M (-26.6%)
Chinese Taipei-$12.3M (-60.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2023, Thailand's main importing competitors in Bi-Wheel Vehicle Parts were:

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.9M
TOP IMPORT POTENTIALChina+ $65.2M

Bi-Wheel Vehicle Parts’s highest export potential is United States. With an export gap of $24.9M.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $65.2M.

See methodology.

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