2023
Exports
$422kWorld Rnk 31 / 83
Flag Rnk 1041 / 1212
2023
PRODUCT COMPLEXITY IN Felt Machinery
1.1Rnk 146 / 1025
2023
Imports
$16.2MWorld Rnk 15 / 146
Flag Rnk 722 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $422k in Felt Machinery, making it the 31st largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 1041st most exported product in Thailand. The main destination of Felt Machinery exports from Thailand are: Germany ($253k), United States ($90.9k), Japan ($51.7k), Chinese Taipei ($19.8k), and China ($3.98k).

The fastest growing export markets for Felt Machinery of Thailand between 2022 and 2023 were Germany ($253k), United States ($90.9k), and Japan ($51.7k).

Imports In 2023, Thailand imported $16.2M in Felt Machinery, becoming the 15th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 722nd most imported product in Thailand. Thailand imports Felt Machinery primarily from: Germany ($8.11M), China ($5.39M), Singapore ($1.22M), Chinese Taipei ($766k), and Italy ($231k).

The fastest growing import markets in Felt Machinery for Thailand between 2022 and 2023 were Germany ($6.9M), Singapore ($1.2M), and Italy ($231k).

Latest Trends

Dec 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 Felt Machinery. 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)$422k
IMPORTS (2023)$16.2M
NET TRADE (2023)-$15.8M

In 2023, Thailand exported $422k in Felt Machinery. The main destinations of Thailand exports on Felt Machinery were Germany ($253k), United States ($90.9k), Japan ($51.7k), Chinese Taipei ($19.8k), and China ($3.98k).

In 2023, Thailand imported $16.2M in Felt Machinery, mainly from Germany ($8.11M), China ($5.39M), Singapore ($1.22M), Chinese Taipei ($766k), and Italy ($231k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Germany$253k (1%)
United States$90.9k (1%)
Japan$51.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Thailand WERE (2022 - 2023):
China-$165k (-97.6%)
France-$401 (-100%)
Vietnam-$341 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Felt Machinery were:
China $202M
Italy $73.8M
In 2023, Thailand's main importing competitors in Felt Machinery were:

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $133k
TOP IMPORT POTENTIALGermany+ $309k

Felt Machinery’s highest export potential is China. With an export gap of $133k.   Felt Machinery’s highest import potential is Germany with an import gap of $309k.

See methodology.

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