2022
Exports
$109MWorld Rnk 11 / 171
Flag Rnk 309 / 1211
2022
PRODUCT COMPLEXITY IN Iron Nails
-0.5Rnk 699 / 1025
2022
Imports
$22.7MWorld Rnk 38 / 220
Flag Rnk 680 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $109M in Iron Nails, making it the 11th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 309th most exported product in Thailand. The main destination of Iron Nails exports from Thailand are: United States ($97.1M), Burma ($4.66M), Japan ($3.96M), Laos ($1.37M), and Germany ($388k).

The fastest growing export markets for Iron Nails of Thailand between 2021 and 2022 were United States ($20.4M), Burma ($714k), and Germany ($73k).

Imports In 2018, Thailand imported $22.7M in Iron Nails, becoming the 38th largest importer of Iron Nails in the world. At the same year, Iron Nails was the 680th most imported product in Thailand. Thailand imports Iron Nails primarily from: China ($20.9M), Malaysia ($835k), Vietnam ($253k), Japan ($248k), and Italy ($132k).

The fastest growing import markets in Iron Nails for Thailand between 2021 and 2022 were Italy ($76.7k), Japan ($68.9k), and South Korea ($35.8k).

Latest Trends

Sep 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 Nails. 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)$109M
IMPORTS (2022)$22.7M
NET TRADE (2022)$86.2M

In 2022, Thailand exported $109M in Iron Nails. The main destinations of Thailand exports on Iron Nails were United States ($97.1M), Burma ($4.66M), Japan ($3.96M), Laos ($1.37M), and Germany ($388k).

In 2022, Thailand imported $22.7M in Iron Nails, mainly from China ($20.9M), Malaysia ($835k), Vietnam ($253k), Japan ($248k), and Italy ($132k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$20.4M (26.6%)
Burma$714k (18.1%)
Germany$73k (23.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Thailand WERE (2021 - 2022):
New Zealand-$3.89M (-91.3%)
Laos-$783k (-36.4%)
Samoa-$112k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.61M
TOP IMPORT POTENTIALChina+ $1.63M

Iron Nails’s highest export potential is Japan. With an export gap of $1.61M.   Iron Nails’s highest import potential is China with an import gap of $1.63M.

See methodology.

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