2022
Exports
$81.7MWorld Rnk 12 / 188
Flag Rnk 360 / 1211
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$140MWorld Rnk 14 / 222
Flag Rnk 292 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $81.7M in Iron Chains, making it the 12th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 360th most exported product in Thailand. The main destination of Iron Chains exports from Thailand are: Indonesia ($23.5M), Vietnam ($11.3M), United States ($5.83M), China ($5.73M), and Cambodia ($4.69M).

The fastest growing export markets for Iron Chains of Thailand between 2021 and 2022 were Indonesia ($3.94M), Vietnam ($2.25M), and Malaysia ($807k).

Imports In 2022, Thailand imported $140M in Iron Chains, becoming the 14th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 292nd most imported product in Thailand. Thailand imports Iron Chains primarily from: China ($69.7M), Japan ($44.9M), Malaysia ($9.71M), Germany ($4.43M), and Chinese Taipei ($2.77M).

The fastest growing import markets in Iron Chains for Thailand between 2021 and 2022 were China ($12.7M), Japan ($6.49M), and Chinese Taipei ($632k).

COMPANIES In 2023, leading companies such as Samsung (4) and Nissan (2) were at the forefront of shipping Iron Chains from Thailand to the United States.

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 Iron Chains. 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)$81.7M
IMPORTS (2022)$140M
NET TRADE (2022)-$58.4M

In 2022, Thailand exported $81.7M in Iron Chains. The main destinations of Thailand exports on Iron Chains were Indonesia ($23.5M), Vietnam ($11.3M), United States ($5.83M), China ($5.73M), and Cambodia ($4.69M).

In 2022, Thailand imported $140M in Iron Chains, mainly from China ($69.7M), Japan ($44.9M), Malaysia ($9.71M), Germany ($4.43M), and Chinese Taipei ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Indonesia$3.94M (20.1%)
Vietnam$2.25M (24.8%)
Malaysia$807k (37.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Thailand WERE (2021 - 2022):
Pakistan-$2.3M (-63.8%)
China-$1.04M (-15.3%)
Japan-$620k (-15.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Thailand's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.29M
TOP IMPORT POTENTIALChina+ $6.79M

Iron Chains’s highest export potential is United States. With an export gap of $4.29M.   Iron Chains’s highest import potential is China with an import gap of $6.79M.

See methodology.

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