2022
Exports
$1.74BWorld Rnk 24 / 222
Flag Rnk 33 / 1211
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$1.99BWorld Rnk 21 / 225
Flag Rnk 22 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $1.74B in Insulated Wire, making it the 24th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 33rd most exported product in Thailand. The main destination of Insulated Wire exports from Thailand are: Japan ($524M), United States ($235M), Vietnam ($117M), Cambodia ($109M), and China ($92.3M).

The fastest growing export markets for Insulated Wire of Thailand between 2021 and 2022 were United States ($28.8M), Cambodia ($16.4M), and France ($10.9M).

Imports In 2022, Thailand imported $1.99B in Insulated Wire, becoming the 21st largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 22nd most imported product in Thailand. Thailand imports Insulated Wire primarily from: China ($949M), Vietnam ($173M), Malaysia ($135M), Japan ($126M), and Cambodia ($113M).

The fastest growing import markets in Insulated Wire for Thailand between 2021 and 2022 were China ($51.6M), Vietnam ($30.4M), and United States ($25.7M).

COMPANIES In 2023, leading companies such as Electrolux (9), Samsung (4), and Costco Wholesale (2) were at the forefront of shipping Insulated Wire 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 Insulated Wire. 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)$1.74B
IMPORTS (2022)$1.99B
NET TRADE (2022)-$245M

In 2022, Thailand exported $1.74B in Insulated Wire. The main destinations of Thailand exports on Insulated Wire were Japan ($524M), United States ($235M), Vietnam ($117M), Cambodia ($109M), and China ($92.3M).

In 2022, Thailand imported $1.99B in Insulated Wire, mainly from China ($949M), Vietnam ($173M), Malaysia ($135M), Japan ($126M), and Cambodia ($113M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$28.8M (14%)
Cambodia$16.4M (17.7%)
France$10.9M (36.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Thailand WERE (2021 - 2022):
Burma-$136M (-80.7%)
Hong Kong-$11.7M (-21.7%)
Japan-$10.3M (-1.93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $145M
TOP IMPORT POTENTIALChina+ $91.8M

Insulated Wire’s highest export potential is United States. With an export gap of $145M.   Insulated Wire’s highest import potential is China with an import gap of $91.8M.

See methodology.

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