2023
Exports
$1.09MWorld Rnk 68 / 151
Flag Rnk 961 / 1212
2023
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 247 / 1025
2023
Imports
$15.2MWorld Rnk 54 / 199
Flag Rnk 735 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.09M in Locomotive Parts, making it the 68th largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 961st most exported product in Thailand. The main destination of Locomotive Parts exports from Thailand are: Japan ($219k), Indonesia ($144k), South Africa ($140k), Spain ($90.9k), and Saudi Arabia ($76.8k).

The fastest growing export markets for Locomotive Parts of Thailand between 2022 and 2023 were Indonesia ($143k), South Africa ($92.4k), and Spain ($90.5k).

Imports In 2023, Thailand imported $15.2M in Locomotive Parts, becoming the 54th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 735th most imported product in Thailand. Thailand imports Locomotive Parts primarily from: China ($9.36M), Germany ($2.22M), Japan ($597k), South Korea ($414k), and Ukraine ($393k).

The fastest growing import markets in Locomotive Parts for Thailand between 2022 and 2023 were Germany ($1.43M), China ($687k), and Ukraine ($324k).

COMPANIES In 2024, leading companies such as Sutong (152), Samsung (2), and Linglong Tire (1) were at the forefront of shipping Locomotive Parts 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 Locomotive Parts. 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)$1.09M
IMPORTS (2023)$15.2M
NET TRADE (2023)-$14.1M

In 2023, Thailand exported $1.09M in Locomotive Parts. The main destinations of Thailand exports on Locomotive Parts were Japan ($219k), Indonesia ($144k), South Africa ($140k), Spain ($90.9k), and Saudi Arabia ($76.8k).

In 2023, Thailand imported $15.2M in Locomotive Parts, mainly from China ($9.36M), Germany ($2.22M), Japan ($597k), South Korea ($414k), and Ukraine ($393k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Indonesia$143k (8.44k%)
South Africa$92.4k (195%)
Spain$90.5k (21.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Thailand WERE (2022 - 2023):
United Kingdom-$93.5k (-64%)
Vietnam-$92.7k (-99.5%)
China-$74.4k (-74.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Locomotive Parts were:
In 2023, Thailand's main importing competitors in Locomotive Parts were:

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $204k
TOP IMPORT POTENTIALChina+ $2.75M

Locomotive Parts’s highest export potential is United States. With an export gap of $204k.   Locomotive Parts’s highest import potential is China with an import gap of $2.75M.

See methodology.

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