2023
Exports
$8.09BWorld Rnk 14 / 226
Flag Rnk 7 / 1212
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$6.81BWorld Rnk 19 / 226
Flag Rnk 5 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $8.09B in Motor vehicles; parts and accessories (8701 to 8705), making it the 14th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 7th most exported product in Thailand. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Thailand are: Malaysia ($1.11B), United States ($1.1B), Japan ($900M), Indonesia ($822M), and Argentina ($491M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Thailand between 2022 and 2023 were Malaysia ($106M), Japan ($98.9M), and Mexico ($94.7M).

Imports In 2023, Thailand imported $6.81B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 19th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 5th most imported product in Thailand. Thailand imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Japan ($2.75B), China ($1.43B), United States ($731M), Germany ($346M), and Indonesia ($310M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Thailand between 2022 and 2023 were United States ($178M), Japan ($158M), and Mexico ($35.2M).

COMPANIES In 2024, leading companies such as Dana Incorporated (303), Ford Motor Company (49), and Kubota (47) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Thailand to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$8.09B
IMPORTS (2023)$6.81B
NET TRADE (2023)$1.27B

In 2023, Thailand exported $8.09B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Thailand exports on Motor vehicles; parts and accessories (8701 to 8705) were Malaysia ($1.11B), United States ($1.1B), Japan ($900M), Indonesia ($822M), and Argentina ($491M).

In 2023, Thailand imported $6.81B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Japan ($2.75B), China ($1.43B), United States ($731M), Germany ($346M), and Indonesia ($310M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Malaysia$106M (10.6%)
Japan$98.9M (12.3%)
Mexico$94.7M (48.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Thailand WERE (2022 - 2023):
United States-$191M (-14.7%)
Indonesia-$130M (-13.7%)
Brazil-$111M (-26.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Thailand's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Thailand's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations

Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $621M
TOP IMPORT POTENTIALChina+ $396M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is United States. With an export gap of $621M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $396M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with