2022
Exports
$68.3MWorld Rnk 29 / 169
Flag Rnk 390 / 1211
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$188MWorld Rnk 26 / 215
Flag Rnk 246 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $68.3M in Cranes, making it the 29th largest exporter of Cranes in the world. At the same year, Cranes was the 390th most exported product in Thailand. The main destination of Cranes exports from Thailand are: United States ($18.8M), United Kingdom ($6.49M), India ($5.8M), China ($4.4M), and Egypt ($3.71M).

The fastest growing export markets for Cranes of Thailand between 2021 and 2022 were India ($5.55M), China ($4.09M), and Egypt ($3.7M).

Imports In 2022, Thailand imported $188M in Cranes, becoming the 26th largest importer of Cranes in the world. At the same year, Cranes was the 246th most imported product in Thailand. Thailand imports Cranes primarily from: China ($112M), Japan ($27.4M), South Korea ($7.82M), Italy ($6.23M), and Germany ($6.22M).

The fastest growing import markets in Cranes for Thailand between 2021 and 2022 were China ($59.8M), Italy ($3.38M), and Austria ($1.92M).

COMPANIES In 2023, leading companies such as American Omni Trading Company (2.22k), Linglong Tire (2.03k), and Sutong (725) were at the forefront of shipping Cranes from Thailand to the United States.

Latest Trends

Aug 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 Cranes. 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)$68.3M
IMPORTS (2022)$188M
NET TRADE (2022)-$120M

In 2022, Thailand exported $68.3M in Cranes. The main destinations of Thailand exports on Cranes were United States ($18.8M), United Kingdom ($6.49M), India ($5.8M), China ($4.4M), and Egypt ($3.71M).

In 2022, Thailand imported $188M in Cranes, mainly from China ($112M), Japan ($27.4M), South Korea ($7.82M), Italy ($6.23M), and Germany ($6.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
India$5.55M (2.26k%)
China$4.09M (1.29k%)
Egypt$3.7M (40.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Thailand WERE (2021 - 2022):
United States-$22M (-53.9%)
Mexico-$9.85M (-99.3%)
Vietnam-$5.49M (-74.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Thailand's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.17M
TOP IMPORT POTENTIALChina+ $5.81M

Cranes’s highest export potential is United States. With an export gap of $5.17M.   Cranes’s highest import potential is China with an import gap of $5.81M.

See methodology.

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