2022
Exports
$47.6MWorld Rnk 26 / 171
Flag Rnk 451 / 1211
2022
PRODUCT COMPLEXITY IN Fork-Lifts
1.54Rnk 42 / 1025
2022
Imports
$253MWorld Rnk 19 / 218
Flag Rnk 201 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $47.6M in Fork-Lifts, making it the 26th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 451st most exported product in Thailand. The main destination of Fork-Lifts exports from Thailand are: South Korea ($6.58M), Indonesia ($6.38M), Australia ($5.39M), Malaysia ($4.43M), and Philippines ($3.77M).

The fastest growing export markets for Fork-Lifts of Thailand between 2021 and 2022 were South Korea ($2.79M), Kuwait ($2.48M), and Indonesia ($1.94M).

Imports In 2022, Thailand imported $253M in Fork-Lifts, becoming the 19th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 201st most imported product in Thailand. Thailand imports Fork-Lifts primarily from: China ($163M), Japan ($63.9M), Sweden ($9.62M), United States ($4.26M), and Germany ($3.75M).

The fastest growing import markets in Fork-Lifts for Thailand between 2021 and 2022 were China ($39.5M), Japan ($4.58M), and South Korea ($1.6M).

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 Fork-Lifts. 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)$47.6M
IMPORTS (2022)$253M
NET TRADE (2022)-$206M

In 2022, Thailand exported $47.6M in Fork-Lifts. The main destinations of Thailand exports on Fork-Lifts were South Korea ($6.58M), Indonesia ($6.38M), Australia ($5.39M), Malaysia ($4.43M), and Philippines ($3.77M).

In 2022, Thailand imported $253M in Fork-Lifts, mainly from China ($163M), Japan ($63.9M), Sweden ($9.62M), United States ($4.26M), and Germany ($3.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
South Korea$2.79M (73.4%)
Kuwait$2.48M (882%)
Indonesia$1.94M (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Thailand WERE (2021 - 2022):
Nigeria-$1.43M (-74.1%)
United Arab Emirates-$1.39M (-52.5%)
Saudi Arabia-$279k (-13.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Fork-Lifts were:
In 2022, Thailand's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.2M
TOP IMPORT POTENTIALChina+ $9.96M

Fork-Lifts’s highest export potential is Malaysia. With an export gap of $2.2M.   Fork-Lifts’s highest import potential is China with an import gap of $9.96M.

See methodology.

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