2022
Exports
$36.9MWorld Rnk 43 / 126
Flag Rnk 490 / 1211
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$526MWorld Rnk 12 / 210
Flag Rnk 115 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $36.9M in Hot-Rolled Iron Bars, making it the 43rd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 490th most exported product in Thailand. The main destination of Hot-Rolled Iron Bars exports from Thailand are: Indonesia ($16.2M), Vietnam ($8.4M), Chinese Taipei ($5.2M), Malaysia ($4.98M), and Canada ($447k).

The fastest growing export markets for Hot-Rolled Iron Bars of Thailand between 2021 and 2022 were Vietnam ($6.36M), Malaysia ($3M), and Chinese Taipei ($2.75M).

Imports In 2022, Thailand imported $526M in Hot-Rolled Iron Bars, becoming the 12th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 115th most imported product in Thailand. Thailand imports Hot-Rolled Iron Bars primarily from: Malaysia ($128M), Japan ($97.1M), Vietnam ($91M), China ($69.8M), and Indonesia ($58.6M).

The fastest growing import markets in Hot-Rolled Iron Bars for Thailand between 2021 and 2022 were Indonesia ($43M), China ($38.3M), and Germany ($1.66M).

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 Hot-Rolled Iron Bars. 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)$36.9M
IMPORTS (2022)$526M
NET TRADE (2022)-$489M

In 2022, Thailand exported $36.9M in Hot-Rolled Iron Bars. The main destinations of Thailand exports on Hot-Rolled Iron Bars were Indonesia ($16.2M), Vietnam ($8.4M), Chinese Taipei ($5.2M), Malaysia ($4.98M), and Canada ($447k).

In 2022, Thailand imported $526M in Hot-Rolled Iron Bars, mainly from Malaysia ($128M), Japan ($97.1M), Vietnam ($91M), China ($69.8M), and Indonesia ($58.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$6.36M (312%)
Malaysia$3M (151%)
Chinese Taipei$2.75M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Thailand WERE (2021 - 2022):
Canada-$3.01M (-87.1%)
Laos-$2.95M (-95%)
Indonesia-$1.28M (-7.35%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Thailand's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.97M
TOP IMPORT POTENTIALChina+ $14.8M

Hot-Rolled Iron Bars’s highest export potential is Malaysia. With an export gap of $1.97M.   Hot-Rolled Iron Bars’s highest import potential is China with an import gap of $14.8M.

See methodology.

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