2023
Exports
$19.5BWorld Rnk 11 / 222
Flag Rnk 2 / 1212
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$18BWorld Rnk 13 / 224
Flag Rnk 2 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $19.5B in Integrated Circuits, making it the 11th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 2nd most exported product in Thailand. The main destination of Integrated Circuits exports from Thailand are: China ($3.97B), Hong Kong ($2.87B), Singapore ($2.7B), Germany ($1.94B), and United States ($1.83B).

The fastest growing export markets for Integrated Circuits of Thailand between 2022 and 2023 were Japan ($160M), Germany ($126M), and India ($104M).

Imports In 2023, Thailand imported $18B in Integrated Circuits, becoming the 13th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 2nd most imported product in Thailand. Thailand imports Integrated Circuits primarily from: Chinese Taipei ($6.9B), Japan ($2B), China ($1.95B), Malaysia ($1.5B), and South Korea ($1.43B).

The fastest growing import markets in Integrated Circuits for Thailand between 2022 and 2023 were Chinese Taipei ($1.33B), Japan ($681M), and Vietnam ($367M).

COMPANIES In 2024, leading companies such as ABB Motors and Mechanical (5) and Panasonic (1) were at the forefront of shipping Integrated Circuits from Thailand to the United States.

Latest Trends

Dec 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 Integrated Circuits. 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 (2023)$19.5B
IMPORTS (2023)$18B
NET TRADE (2023)$1.5B

In 2023, Thailand exported $19.5B in Integrated Circuits. The main destinations of Thailand exports on Integrated Circuits were China ($3.97B), Hong Kong ($2.87B), Singapore ($2.7B), Germany ($1.94B), and United States ($1.83B).

In 2023, Thailand imported $18B in Integrated Circuits, mainly from Chinese Taipei ($6.9B), Japan ($2B), China ($1.95B), Malaysia ($1.5B), and South Korea ($1.43B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Japan$160M (16.9%)
Germany$126M (6.97%)
India$104M (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Thailand WERE (2022 - 2023):
Singapore-$1.36B (-33.5%)
China-$1.03B (-20.7%)
Hong Kong-$704M (-19.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Integrated Circuits were:
In 2023, Thailand's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.57B
TOP IMPORT POTENTIALChina+ $881M

Integrated Circuits’s highest export potential is China. With an export gap of $1.57B.   Integrated Circuits’s highest import potential is China with an import gap of $881M.

See methodology.

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