2022
Exports
$420MWorld Rnk 29 / 226
Flag Rnk 127 / 1211
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$166MWorld Rnk 50 / 223
Flag Rnk 265 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $420M in Knit T-shirts, making it the 29th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 127th most exported product in Thailand. The main destination of Knit T-shirts exports from Thailand are: United States ($65.8M), United Kingdom ($60.6M), Japan ($43.4M), Belgium ($35M), and Germany ($30.3M).

The fastest growing export markets for Knit T-shirts of Thailand between 2021 and 2022 were United Kingdom ($51.8M), Spain ($12.7M), and Germany ($5.55M).

Imports In 2022, Thailand imported $166M in Knit T-shirts, becoming the 50th largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 265th most imported product in Thailand. Thailand imports Knit T-shirts primarily from: China ($72.1M), Vietnam ($19.4M), Cambodia ($16.3M), Bangladesh ($11.8M), and Italy ($5.69M).

The fastest growing import markets in Knit T-shirts for Thailand between 2021 and 2022 were China ($28.3M), Vietnam ($6.84M), and Cambodia ($3.82M).

COMPANIES In 2023, leading companies such as Adidas (6), Giorgio Armani (5), and Samsung (2) were at the forefront of shipping Knit T-shirts from Thailand to the United States.

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 Knit T-shirts. 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)$420M
IMPORTS (2022)$166M
NET TRADE (2022)$254M

In 2022, Thailand exported $420M in Knit T-shirts. The main destinations of Thailand exports on Knit T-shirts were United States ($65.8M), United Kingdom ($60.6M), Japan ($43.4M), Belgium ($35M), and Germany ($30.3M).

In 2022, Thailand imported $166M in Knit T-shirts, mainly from China ($72.1M), Vietnam ($19.4M), Cambodia ($16.3M), Bangladesh ($11.8M), and Italy ($5.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United Kingdom$51.8M (588%)
Spain$12.7M (412%)
Germany$5.55M (22.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Thailand WERE (2021 - 2022):
Tanzania-$10M (-51.2%)
Belgium-$6.09M (-14.8%)
Bhutan-$1.44M (-93.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Knit T-shirts were:
In 2022, Thailand's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $33.3M
TOP IMPORT POTENTIALChina+ $20.4M

Knit T-shirts’s highest export potential is United States. With an export gap of $33.3M.   Knit T-shirts’s highest import potential is China with an import gap of $20.4M.

See methodology.

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