2022
Exports
$271MWorld Rnk 8 / 117
Flag Rnk 180 / 1211
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$123MWorld Rnk 17 / 189
Flag Rnk 323 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $271M in Metal Lathes, making it the 8th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 180th most exported product in Thailand. The main destination of Metal Lathes exports from Thailand are: United States ($53.8M), Japan ($50.7M), Netherlands ($48.2M), Chinese Taipei ($20.6M), and South Korea ($16.2M).

The fastest growing export markets for Metal Lathes of Thailand between 2021 and 2022 were United States ($12.7M), United Kingdom ($8.81M), and Germany ($8.03M).

Imports In 2022, Thailand imported $123M in Metal Lathes, becoming the 17th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 323rd most imported product in Thailand. Thailand imports Metal Lathes primarily from: Japan ($48.8M), Chinese Taipei ($24.4M), China ($18M), France ($6.58M), and Switzerland ($4.52M).

The fastest growing import markets in Metal Lathes for Thailand between 2021 and 2022 were China ($4.82M), Switzerland ($3.95M), and Chinese Taipei ($3.83M).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Metal Lathes 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 Metal Lathes. 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)$271M
IMPORTS (2022)$123M
NET TRADE (2022)$148M

In 2022, Thailand exported $271M in Metal Lathes. The main destinations of Thailand exports on Metal Lathes were United States ($53.8M), Japan ($50.7M), Netherlands ($48.2M), Chinese Taipei ($20.6M), and South Korea ($16.2M).

In 2022, Thailand imported $123M in Metal Lathes, mainly from Japan ($48.8M), Chinese Taipei ($24.4M), China ($18M), France ($6.58M), and Switzerland ($4.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$12.7M (30.9%)
United Kingdom$8.81M (60k%)
Germany$8.03M (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Thailand WERE (2021 - 2022):
Chinese Taipei-$20.8M (-50.2%)
Japan-$5.4M (-9.61%)
Vietnam-$4.25M (-42%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.06M
TOP IMPORT POTENTIALChina+ $4.14M

Metal Lathes’s highest export potential is China. With an export gap of $7.06M.   Metal Lathes’s highest import potential is China with an import gap of $4.14M.

See methodology.

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