2022
Exports
$7.66BWorld Rnk 19 / 226
Flag Rnk 11 / 21
2022
PRODUCT COMPLEXITY IN Instruments
2.12Rnk 3 / 1025
2022
Imports
$7.66BWorld Rnk 21 / 226
Flag Rnk 8 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $7.66B in Instruments, making it the 19th largest exporter of Instruments in the world. At the same year, Instruments was the 11th most exported product in Thailand. The main destination of Instruments exports from Thailand are: United States ($1.44B), Japan ($1.11B), China ($728M), Netherlands ($433M), and Germany ($386M).

The fastest growing export markets for Instruments of Thailand between 2021 and 2022 were United States ($103M), Japan ($59.9M), and Czechia ($57.2M).

Imports In 2022, Thailand imported $7.66B in Instruments, becoming the 21st largest importer of Instruments in the world. At the same year, Instruments was the 8th most imported product in Thailand. Thailand imports Instruments primarily from: Japan ($1.85B), China ($1.66B), United States ($619M), Malaysia ($543M), and Switzerland ($391M).

The fastest growing import markets in Instruments for Thailand between 2021 and 2022 were Japan ($169M), Malaysia ($97.7M), and Switzerland ($79.2M).

COMPANIES In 2023, leading companies such as Stanley Black & Decker (120), Panasonic (64), and Samsung (28) were at the forefront of shipping Instruments 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 Instruments. 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)$7.66B
IMPORTS (2022)$7.66B
NET TRADE (2022)-$8.51M

In 2022, Thailand exported $7.66B in Instruments. The main destinations of Thailand exports on Instruments were United States ($1.44B), Japan ($1.11B), China ($728M), Netherlands ($433M), and Germany ($386M).

In 2022, Thailand imported $7.66B in Instruments, mainly from Japan ($1.85B), China ($1.66B), United States ($619M), Malaysia ($543M), and Switzerland ($391M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$103M (7.69%)
Japan$59.9M (5.73%)
Czechia$57.2M (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Thailand WERE (2021 - 2022):
China-$297M (-29%)
Malaysia-$92.6M (-37.9%)
Hong Kong-$27.7M (-6.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Instruments were:
In 2022, Thailand's main importing competitors in Instruments were:

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $457M
TOP IMPORT POTENTIALChina+ $321M

Instruments’s highest export potential is China. With an export gap of $457M.   Instruments’s highest import potential is China with an import gap of $321M.

See methodology.

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