2022
Exports
$64.2MWorld Rnk 53 / 129
Flag Rnk 397 / 1211
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$235MWorld Rnk 29 / 172
Flag Rnk 209 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $64.2M in Ferroalloys, making it the 53rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 397th most exported product in Thailand. The main destination of Ferroalloys exports from Thailand are: Japan ($13.3M), Slovenia ($7.74M), China ($6.89M), Indonesia ($5.55M), and United States ($5.16M).

The fastest growing export markets for Ferroalloys of Thailand between 2021 and 2022 were China ($6.06M), United States ($4.45M), and Indonesia ($4.32M).

Imports In 2022, Thailand imported $235M in Ferroalloys, becoming the 29th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 209th most imported product in Thailand. Thailand imports Ferroalloys primarily from: India ($74.4M), China ($73.7M), Malaysia ($18.9M), Japan ($13.4M), and Colombia ($9.42M).

The fastest growing import markets in Ferroalloys for Thailand between 2021 and 2022 were China ($20.5M), Colombia ($4.16M), and Germany ($2.23M).

Latest Trends

Nov 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 Ferroalloys. 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)$64.2M
IMPORTS (2022)$235M
NET TRADE (2022)-$171M

In 2022, Thailand exported $64.2M in Ferroalloys. The main destinations of Thailand exports on Ferroalloys were Japan ($13.3M), Slovenia ($7.74M), China ($6.89M), Indonesia ($5.55M), and United States ($5.16M).

In 2022, Thailand imported $235M in Ferroalloys, mainly from India ($74.4M), China ($73.7M), Malaysia ($18.9M), Japan ($13.4M), and Colombia ($9.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$6.06M (726%)
United States$4.45M (625%)
Indonesia$4.32M (351%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Thailand WERE (2021 - 2022):
Japan-$6.79M (-33.7%)
South Korea-$623k (-16.8%)
Malaysia-$396k (-72%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.2M
TOP IMPORT POTENTIALIndia+ $19.2M

Ferroalloys’s highest export potential is China. With an export gap of $12.2M.   Ferroalloys’s highest import potential is India with an import gap of $19.2M.

See methodology.

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