2022
Exports
$22.5MWorld Rnk 24 / 188
Flag Rnk 577 / 1211
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$16.3MWorld Rnk 57 / 217
Flag Rnk 748 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $22.5M in Hand-Woven Rugs, making it the 24th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 577th most exported product in Thailand. The main destination of Hand-Woven Rugs exports from Thailand are: United States ($11M), Singapore ($2.1M), India ($1.09M), Hong Kong ($839k), and Burma ($577k).

The fastest growing export markets for Hand-Woven Rugs of Thailand between 2021 and 2022 were Singapore ($1.71M), Burma ($492k), and Philippines ($425k).

Imports In 2022, Thailand imported $16.3M in Hand-Woven Rugs, becoming the 57th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 748th most imported product in Thailand. Thailand imports Hand-Woven Rugs primarily from: China ($11.9M), Indonesia ($1.18M), Malaysia ($802k), India ($487k), and Belgium ($446k).

The fastest growing import markets in Hand-Woven Rugs for Thailand between 2021 and 2022 were China ($5.96M), Indonesia ($634k), and Malaysia ($302k).

COMPANIES In 2023, leading companies such as Kubota (1) were at the forefront of shipping Hand-Woven Rugs from Thailand to the United States.

Latest Trends

Oct 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 Hand-Woven Rugs. 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)$22.5M
IMPORTS (2022)$16.3M
NET TRADE (2022)$6.21M

In 2022, Thailand exported $22.5M in Hand-Woven Rugs. The main destinations of Thailand exports on Hand-Woven Rugs were United States ($11M), Singapore ($2.1M), India ($1.09M), Hong Kong ($839k), and Burma ($577k).

In 2022, Thailand imported $16.3M in Hand-Woven Rugs, mainly from China ($11.9M), Indonesia ($1.18M), Malaysia ($802k), India ($487k), and Belgium ($446k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Singapore$1.71M (438%)
Burma$492k (576%)
Philippines$425k (320%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Thailand WERE (2021 - 2022):
United States-$1.17M (-9.63%)
Qatar-$234k (-34.1%)
Saudi Arabia-$154k (-91.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Thailand's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.47M
TOP IMPORT POTENTIALIndia+ $1.16M

Hand-Woven Rugs’s highest export potential is United States. With an export gap of $2.47M.   Hand-Woven Rugs’s highest import potential is India with an import gap of $1.16M.

See methodology.

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