2022
Exports
$100MWorld Rnk 20 / 207
Flag Rnk 323 / 1211
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$129MWorld Rnk 17 / 218
Flag Rnk 316 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $100M in Iron Springs, making it the 20th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 323rd most exported product in Thailand. The main destination of Iron Springs exports from Thailand are: Indonesia ($16.2M), Vietnam ($12.6M), Philippines ($9.91M), Malaysia ($6.45M), and China ($5.85M).

The fastest growing export markets for Iron Springs of Thailand between 2021 and 2022 were China ($4.33M), Philippines ($3.79M), and South Africa ($3.45M).

Imports In 2022, Thailand imported $129M in Iron Springs, becoming the 17th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 316th most imported product in Thailand. Thailand imports Iron Springs primarily from: China ($44.1M), Japan ($26.6M), Indonesia ($18.1M), Malaysia ($8.27M), and Germany ($6.74M).

The fastest growing import markets in Iron Springs for Thailand between 2021 and 2022 were Indonesia ($1.9M), Malaysia ($852k), and United Kingdom ($402k).

Latest Trends

Aug 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 Springs. 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)$100M
IMPORTS (2022)$129M
NET TRADE (2022)-$28.7M

In 2022, Thailand exported $100M in Iron Springs. The main destinations of Thailand exports on Iron Springs were Indonesia ($16.2M), Vietnam ($12.6M), Philippines ($9.91M), Malaysia ($6.45M), and China ($5.85M).

In 2022, Thailand imported $129M in Iron Springs, mainly from China ($44.1M), Japan ($26.6M), Indonesia ($18.1M), Malaysia ($8.27M), and Germany ($6.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$4.33M (284%)
Philippines$3.79M (61.9%)
South Africa$3.45M (163%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Thailand WERE (2021 - 2022):
Ireland-$4.17M (-86.3%)
Vietnam-$3.14M (-19.9%)
Algeria-$1.63M (-94.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.59M
TOP IMPORT POTENTIALGermany+ $3.89M

Iron Springs’s highest export potential is United States. With an export gap of $5.59M.   Iron Springs’s highest import potential is Germany with an import gap of $3.89M.

See methodology.

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