2022
Exports
$12.2MWorld Rnk 52 / 152
Flag Rnk 679 / 1211
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$346MWorld Rnk 11 / 217
Flag Rnk 167 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $12.2M in Buses, making it the 52nd largest exporter of Buses in the world. At the same year, Buses was the 679th most exported product in Thailand. The main destination of Buses exports from Thailand are: Singapore ($6.1M), Kenya ($1.85M), Cambodia ($1.33M), Angola ($374k), and Turks and Caicos Islands ($324k).

The fastest growing export markets for Buses of Thailand between 2021 and 2022 were Singapore ($4.32M), Cambodia ($840k), and Angola ($374k).

Imports In 2022, Thailand imported $346M in Buses, becoming the 11th largest importer of Buses in the world. At the same year, Buses was the 167th most imported product in Thailand. Thailand imports Buses primarily from: South Korea ($135M), Japan ($98.3M), China ($73.9M), Indonesia ($18.8M), and Singapore ($12.6M).

The fastest growing import markets in Buses for Thailand between 2021 and 2022 were China ($67.4M), South Korea ($26.1M), and Japan ($11.4M).

COMPANIES In 2023, leading companies such as Kubota (70) were at the forefront of shipping Buses from Thailand to the United States.

Latest Trends

Sep 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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2M
IMPORTS (2022)$346M
NET TRADE (2022)-$334M

In 2022, Thailand exported $12.2M in Buses. The main destinations of Thailand exports on Buses were Singapore ($6.1M), Kenya ($1.85M), Cambodia ($1.33M), Angola ($374k), and Turks and Caicos Islands ($324k).

In 2022, Thailand imported $346M in Buses, mainly from South Korea ($135M), Japan ($98.3M), China ($73.9M), Indonesia ($18.8M), and Singapore ($12.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Singapore$4.32M (242%)
Cambodia$840k (172%)
Angola$374k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Thailand WERE (2021 - 2022):
Vietnam-$7.21M (-100%)
Nigeria-$783k (-77.1%)
United Arab Emirates-$472k (-68.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, Thailand's main importing competitors in Buses were:

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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.

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