2022
Exports
$10.8BWorld Rnk 17 / 210
Flag Rnk 3 / 1211
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.94BWorld Rnk 54 / 224
Flag Rnk 25 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $10.8B in Cars, making it the 17th largest exporter of Cars in the world. At the same year, Cars was the 3rd most exported product in Thailand. The main destination of Cars exports from Thailand are: Australia ($2.3B), Vietnam ($1.17B), Philippines ($879M), Saudi Arabia ($687M), and United Arab Emirates ($598M).

The fastest growing export markets for Cars of Thailand between 2021 and 2022 were Australia ($267M), Indonesia ($158M), and Saudi Arabia ($148M).

Imports In 2022, Thailand imported $1.94B in Cars, becoming the 54th largest importer of Cars in the world. At the same year, Cars was the 25th most imported product in Thailand. Thailand imports Cars primarily from: China ($528M), Indonesia ($407M), Japan ($325M), Malaysia ($240M), and Germany ($153M).

The fastest growing import markets in Cars for Thailand between 2021 and 2022 were China ($391M), Indonesia ($193M), and Japan ($36.8M).

COMPANIES In 2023, leading companies such as Samsung (56), Goya Foods (51), and Tesla (35) were at the forefront of shipping Cars from Thailand to the United States.

Latest Trends

Oct 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 Cars. 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)$10.8B
IMPORTS (2022)$1.94B
NET TRADE (2022)$8.89B

In 2022, Thailand exported $10.8B in Cars. The main destinations of Thailand exports on Cars were Australia ($2.3B), Vietnam ($1.17B), Philippines ($879M), Saudi Arabia ($687M), and United Arab Emirates ($598M).

In 2022, Thailand imported $1.94B in Cars, mainly from China ($528M), Indonesia ($407M), Japan ($325M), Malaysia ($240M), and Germany ($153M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Australia$267M (13.1%)
Indonesia$158M (76.3%)
Saudi Arabia$148M (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Thailand WERE (2021 - 2022):
China-$753M (-79.3%)
Japan-$578M (-57%)
Russia-$109M (-73.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $386M
TOP IMPORT POTENTIALChina+ $215M

Cars’s highest export potential is United States. With an export gap of $386M.   Cars’s highest import potential is China with an import gap of $215M.

See methodology.

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