2023
Exports
$18.4MWorld Rnk 51 / 151
Flag Rnk 606 / 1212
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$287MWorld Rnk 18 / 212
Flag Rnk 172 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $18.4M in Buses, making it the 51st largest exporter of Buses in the world. At the same year, Buses was the 606th most exported product in Thailand. The main destination of Buses exports from Thailand are: Singapore ($9.62M), United Arab Emirates ($2.35M), Kuwait ($988k), Kenya ($810k), and Mozambique ($459k).

The fastest growing export markets for Buses of Thailand between 2022 and 2023 were Singapore ($3.32M), United Arab Emirates ($2.2M), and Kuwait ($988k).

Imports In 2023, Thailand imported $287M in Buses, becoming the 18th largest importer of Buses in the world. At the same year, Buses was the 172nd most imported product in Thailand. Thailand imports Buses primarily from: South Korea ($99.3M), Indonesia ($59.9M), Japan ($34.6M), Malaysia ($28.7M), and Singapore ($22.2M).

The fastest growing import markets in Buses for Thailand between 2022 and 2023 were Indonesia ($41M), Malaysia ($28.7M), and Spain ($15.2M).

COMPANIES In 2024, leading companies such as Kubota (43) and Mahle Behr (1) were at the forefront of shipping Buses from Thailand to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Buses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$18.4M
IMPORTS (2023)$287M
NET TRADE (2023)-$268M

In 2023, Thailand exported $18.4M in Buses. The main destinations of Thailand exports on Buses were Singapore ($9.62M), United Arab Emirates ($2.35M), Kuwait ($988k), Kenya ($810k), and Mozambique ($459k).

In 2023, Thailand imported $287M in Buses, mainly from South Korea ($99.3M), Indonesia ($59.9M), Japan ($34.6M), Malaysia ($28.7M), and Singapore ($22.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Singapore$3.32M (52.8%)
United Arab Emirates$2.2M (1.44k%)
Kuwait$988k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Thailand WERE (2022 - 2023):
Cambodia-$998k (-76.8%)
Angola-$852k (-94.8%)
Kenya-$838k (-50.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Thailand's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Thailand's main importing competitors in Buses were:

Explore Visualizations

Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $271k
TOP IMPORT POTENTIALChina+ $5.62M

Buses’s highest export potential is United Arab Emirates. With an export gap of $271k.   Buses’s highest import potential is China with an import gap of $5.62M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with