2022
Exports
$4.1MWorld Rnk 17 / 118
Flag Rnk 835 / 1211
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$24.6MWorld Rnk 12 / 183
Flag Rnk 658 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $4.1M in Leather Machinery, making it the 17th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 835th most exported product in Thailand. The main destination of Leather Machinery exports from Thailand are: Laos ($2.01M), India ($374k), Germany ($344k), Poland ($244k), and Vietnam ($172k).

The fastest growing export markets for Leather Machinery of Thailand between 2021 and 2022 were Laos ($508k), Poland ($244k), and India ($215k).

Imports In 2022, Thailand imported $24.6M in Leather Machinery, becoming the 12th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 658th most imported product in Thailand. Thailand imports Leather Machinery primarily from: China ($10.1M), Italy ($6.88M), Germany ($2.83M), Chinese Taipei ($1.96M), and United Kingdom ($1.03M).

The fastest growing import markets in Leather Machinery for Thailand between 2021 and 2022 were Germany ($1.25M), Italy ($1.16M), and China ($874k).

Latest Trends

Nov 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 Leather Machinery. 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)$4.1M
IMPORTS (2022)$24.6M
NET TRADE (2022)-$20.5M

In 2022, Thailand exported $4.1M in Leather Machinery. The main destinations of Thailand exports on Leather Machinery were Laos ($2.01M), India ($374k), Germany ($344k), Poland ($244k), and Vietnam ($172k).

In 2022, Thailand imported $24.6M in Leather Machinery, mainly from China ($10.1M), Italy ($6.88M), Germany ($2.83M), Chinese Taipei ($1.96M), and United Kingdom ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Laos$508k (33.8%)
Poland$244k (1%)
India$215k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY Thailand WERE (2021 - 2022):
Vietnam-$179k (-51%)
Australia-$33k (-67.5%)
Malaysia-$22.8k (-62%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Leather Machinery were:
In 2022, Thailand's main importing competitors in Leather Machinery were:

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Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $302k
TOP IMPORT POTENTIALChina+ $585k

Leather Machinery’s highest export potential is India. With an export gap of $302k.   Leather Machinery’s highest import potential is China with an import gap of $585k.

See methodology.

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