2023
Exports
$4.85MWorld Rnk 41 / 147
Flag Rnk 800 / 1212
2023
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.19Rnk 107 / 1025
2023
Imports
$20.6MWorld Rnk 31 / 208
Flag Rnk 671 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $4.85M in Liquid Fuel Furnaces, making it the 41st largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 800th most exported product in Thailand. The main destination of Liquid Fuel Furnaces exports from Thailand are: United States ($3.03M), Japan ($1.17M), Philippines ($159k), Malaysia ($114k), and South Korea ($61k).

The fastest growing export markets for Liquid Fuel Furnaces of Thailand between 2022 and 2023 were Japan ($733k), South Korea ($59.8k), and Mexico ($18.2k).

Imports In 2023, Thailand imported $20.6M in Liquid Fuel Furnaces, becoming the 31st largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 671st most imported product in Thailand. Thailand imports Liquid Fuel Furnaces primarily from: United States ($4.02M), Germany ($3.71M), United Kingdom ($3.32M), China ($2.71M), and Italy ($1.47M).

The fastest growing import markets in Liquid Fuel Furnaces for Thailand between 2022 and 2023 were United Kingdom ($3.1M), United States ($1.04M), and India ($620k).

COMPANIES In 2024, leading companies such as TE Connectivity (1) were at the forefront of shipping Liquid Fuel Furnaces from Thailand to the United States.

Latest Trends

Dec 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 Liquid Fuel Furnaces. 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 (2023)$4.85M
IMPORTS (2023)$20.6M
NET TRADE (2023)-$15.8M

In 2023, Thailand exported $4.85M in Liquid Fuel Furnaces. The main destinations of Thailand exports on Liquid Fuel Furnaces were United States ($3.03M), Japan ($1.17M), Philippines ($159k), Malaysia ($114k), and South Korea ($61k).

In 2023, Thailand imported $20.6M in Liquid Fuel Furnaces, mainly from United States ($4.02M), Germany ($3.71M), United Kingdom ($3.32M), China ($2.71M), and Italy ($1.47M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Japan$733k (169%)
South Korea$59.8k (4.67k%)
Mexico$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Thailand WERE (2022 - 2023):
Algeria-$7.08M (-100%)
Oman-$1.28M (-100%)
Malaysia-$773k (-87.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Liquid Fuel Furnaces were:
In 2023, Thailand's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $781k
TOP IMPORT POTENTIALChina+ $1.5M

Liquid Fuel Furnaces’s highest export potential is United States. With an export gap of $781k.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $1.5M.

See methodology.

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