2022
Exports
$151MWorld Rnk 9 / 161
Flag Rnk 263 / 1211
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.51Rnk 48 / 1025
2022
Imports
$88.8MWorld Rnk 12 / 210
Flag Rnk 390 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $151M in Metal Finishing Machines, making it the 9th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 263rd most exported product in Thailand. The main destination of Metal Finishing Machines exports from Thailand are: United States ($39.2M), China ($37.8M), Japan ($15M), Germany ($13M), and Turkey ($7.94M).

The fastest growing export markets for Metal Finishing Machines of Thailand between 2021 and 2022 were United States ($16.9M), Japan ($4.49M), and Malaysia ($3.37M).

Imports In 2022, Thailand imported $88.8M in Metal Finishing Machines, becoming the 12th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 390th most imported product in Thailand. Thailand imports Metal Finishing Machines primarily from: Japan ($45.3M), China ($15.5M), Switzerland ($7.25M), Chinese Taipei ($6.62M), and Italy ($2.31M).

The fastest growing import markets in Metal Finishing Machines for Thailand between 2021 and 2022 were Switzerland ($4.01M), China ($2.4M), and Italy ($1.12M).

Latest Trends

Oct 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 Metal Finishing Machines. 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)$151M
IMPORTS (2022)$88.8M
NET TRADE (2022)$61.8M

In 2022, Thailand exported $151M in Metal Finishing Machines. The main destinations of Thailand exports on Metal Finishing Machines were United States ($39.2M), China ($37.8M), Japan ($15M), Germany ($13M), and Turkey ($7.94M).

In 2022, Thailand imported $88.8M in Metal Finishing Machines, mainly from Japan ($45.3M), China ($15.5M), Switzerland ($7.25M), Chinese Taipei ($6.62M), and Italy ($2.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$16.9M (75.9%)
Japan$4.49M (42.6%)
Malaysia$3.37M (510%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Thailand WERE (2021 - 2022):
China-$14.7M (-28%)
Germany-$4.8M (-26.9%)
Chinese Taipei-$867k (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Metal Finishing Machines were:
In 2022, Thailand's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $7.65M
TOP IMPORT POTENTIALChina+ $2.31M

Metal Finishing Machines’s highest export potential is China. With an export gap of $7.65M.   Metal Finishing Machines’s highest import potential is China with an import gap of $2.31M.

See methodology.

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