2022
Exports
$133MWorld Rnk 7 / 165
Flag Rnk 73 / 96
2022
PRODUCT COMPLEXITY IN Furskins, articifial fur, & articles
-0.18Rnk 610 / 1025
2022
Imports
$159MWorld Rnk 6 / 191
Flag Rnk 77 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $133M in Furskins, articifial fur, & articles, making it the 7th largest exporter of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 73rd most exported product in Thailand. The main destination of Furskins, articifial fur, & articles exports from Thailand are: China ($104M), South Korea ($10.1M), United States ($6.57M), Hong Kong ($3.54M), and Turkey ($3.26M).

The fastest growing export markets for Furskins, articifial fur, & articles of Thailand between 2021 and 2022 were Turkey ($1.75M), Russia ($476k), and United States ($443k).

Imports In 2022, Thailand imported $159M in Furskins, articifial fur, & articles, becoming the 6th largest importer of Furskins, articifial fur, & articles in the world. At the same year, Furskins, articifial fur, & articles was the 77th most imported product in Thailand. Thailand imports Furskins, articifial fur, & articles primarily from: Finland ($64.4M), Denmark ($60.7M), China ($15.3M), United States ($6.87M), and Netherlands ($2.93M).

The fastest growing import markets in Furskins, articifial fur, & articles for Thailand between 2021 and 2022 were China ($4.04M), Italy ($597k), and Singapore ($430k).

COMPANIES In 2023, leading companies such as Chicken of the Sea (3) were at the forefront of shipping Furskins, articifial fur, & articles 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 Furskins, articifial fur, & articles. 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)$133M
IMPORTS (2022)$159M
NET TRADE (2022)-$26M

In 2022, Thailand exported $133M in Furskins, articifial fur, & articles. The main destinations of Thailand exports on Furskins, articifial fur, & articles were China ($104M), South Korea ($10.1M), United States ($6.57M), Hong Kong ($3.54M), and Turkey ($3.26M).

In 2022, Thailand imported $159M in Furskins, articifial fur, & articles, mainly from Finland ($64.4M), Denmark ($60.7M), China ($15.3M), United States ($6.87M), and Netherlands ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskins, articifial fur, & articles EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Turkey$1.75M (116%)
Russia$476k (1%)
United States$443k (7.23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskins, articifial fur, & articles BY Thailand WERE (2021 - 2022):
China-$98.5M (-48.6%)
Hong Kong-$70.8M (-95.2%)
South Korea-$1.43M (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Furskins, articifial fur, & articles were:
China $1.47B
Italy $361M
In 2022, Thailand's main importing competitors in Furskins, articifial fur, & articles were:

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Trade Value of Furskins, articifial fur, & articles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $691k
TOP IMPORT POTENTIALChina+ $1.21M

Furskins, articifial fur, & articles’s highest export potential is Italy. With an export gap of $691k.   Furskins, articifial fur, & articles’s highest import potential is China with an import gap of $1.21M.

See methodology.

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