2022
Exports
$16.9BWorld Rnk 30 / 226
Flag Rnk 5 / 21
2022
PRODUCT COMPLEXITY IN Metals
1.9Rnk 12 / 1025
2022
Imports
$35.5BWorld Rnk 15 / 226
Flag Rnk 3 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $16.9B in Metals, making it the 30th largest exporter of Metals in the world. At the same year, Metals was the 5th most exported product in Thailand. The main destination of Metals exports from Thailand are: United States ($3.14B), Japan ($2.03B), China ($1.77B), India ($1.25B), and Vietnam ($1.1B).

The fastest growing export markets for Metals of Thailand between 2021 and 2022 were United States ($292M), India ($257M), and Vietnam ($113M).

Imports In 2022, Thailand imported $35.5B in Metals, becoming the 15th largest importer of Metals in the world. At the same year, Metals was the 3rd most imported product in Thailand. Thailand imports Metals primarily from: China ($11.2B), Japan ($8.21B), South Korea ($2.54B), Chinese Taipei ($1.38B), and Malaysia ($1.07B).

The fastest growing import markets in Metals for Thailand between 2021 and 2022 were China ($1.12B), Indonesia ($184M), and Chile ($114M).

COMPANIES In 2023, leading companies such as IKEA Group (324), Samsung (253), and Polyplex (143) were at the forefront of shipping Metals from Thailand to the United States.

Latest Trends

Aug 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 Metals. 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)$16.9B
IMPORTS (2022)$35.5B
NET TRADE (2022)-$18.6B

In 2022, Thailand exported $16.9B in Metals. The main destinations of Thailand exports on Metals were United States ($3.14B), Japan ($2.03B), China ($1.77B), India ($1.25B), and Vietnam ($1.1B).

In 2022, Thailand imported $35.5B in Metals, mainly from China ($11.2B), Japan ($8.21B), South Korea ($2.54B), Chinese Taipei ($1.38B), and Malaysia ($1.07B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metals EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$292M (10.3%)
India$257M (26%)
Vietnam$113M (11.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY Thailand WERE (2021 - 2022):
Chinese Taipei-$170M (-32.5%)
Japan-$162M (-7.4%)
Norway-$85.5M (-42.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $550M
TOP IMPORT POTENTIALIndia+ $378M

Metals’s highest export potential is China. With an export gap of $550M.   Metals’s highest import potential is India with an import gap of $378M.

See methodology.

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