2022
Exports
$892MWorld Rnk 26 / 225
Flag Rnk 19 / 21
2022
PRODUCT COMPLEXITY IN Footwear and Headwear
0.5Rnk 367 / 1025
2022
Imports
$1.19BWorld Rnk 39 / 225
Flag Rnk 17 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $892M in Footwear and Headwear, making it the 26th largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 19th most exported product in Thailand. The main destination of Footwear and Headwear exports from Thailand are: United States ($193M), France ($59M), Burma ($44.4M), Japan ($42.9M), and China ($41.8M).

The fastest growing export markets for Footwear and Headwear of Thailand between 2021 and 2022 were United States ($41.3M), France ($16.3M), and United Kingdom ($15.3M).

Imports In 2022, Thailand imported $1.19B in Footwear and Headwear, becoming the 39th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 17th most imported product in Thailand. Thailand imports Footwear and Headwear primarily from: China ($876M), Vietnam ($90.1M), Indonesia ($34.4M), Italy ($29M), and Singapore ($25.4M).

The fastest growing import markets in Footwear and Headwear for Thailand between 2021 and 2022 were China ($332M), Vietnam ($22.4M), and Cambodia ($14.6M).

COMPANIES In 2023, leading companies such as Dana Incorporated (42), IKEA Group (4), and LG Electronics (4) were at the forefront of shipping Footwear and Headwear from Thailand to the United States.

Latest Trends

Jul 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 Footwear and Headwear. 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)$892M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$301M

In 2022, Thailand exported $892M in Footwear and Headwear. The main destinations of Thailand exports on Footwear and Headwear were United States ($193M), France ($59M), Burma ($44.4M), Japan ($42.9M), and China ($41.8M).

In 2022, Thailand imported $1.19B in Footwear and Headwear, mainly from China ($876M), Vietnam ($90.1M), Indonesia ($34.4M), Italy ($29M), and Singapore ($25.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$41.3M (27.2%)
France$16.3M (38.2%)
United Kingdom$15.3M (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Thailand WERE (2021 - 2022):
Malaysia-$12.7M (-58.7%)
China-$3.69M (-8.11%)
Austria-$3.22M (-94.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Footwear and Headwear were:
China $83.6B
Vietnam $28.2B
Italy $13.9B
In 2022, Thailand's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.5M
TOP IMPORT POTENTIALChina+ $145M

Footwear and Headwear’s highest export potential is United States. With an export gap of $98.5M.   Footwear and Headwear’s highest import potential is China with an import gap of $145M.

See methodology.

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