2023
Exports
$168MWorld Rnk 29 / 199
Flag Rnk 241 / 1212
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$214MWorld Rnk 25 / 223
Flag Rnk 215 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $168M in Navigation Equipment, making it the 29th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 241st most exported product in Thailand. The main destination of Navigation Equipment exports from Thailand are: Japan ($60M), Indonesia ($26.2M), United States ($15.6M), Vietnam ($13.8M), and India ($9.65M).

The fastest growing export markets for Navigation Equipment of Thailand between 2022 and 2023 were Japan ($26.4M), India ($9.5M), and United States ($3.29M).

Imports In 2023, Thailand imported $214M in Navigation Equipment, becoming the 25th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 215th most imported product in Thailand. Thailand imports Navigation Equipment primarily from: China ($79M), Japan ($58.9M), Philippines ($21.7M), Germany ($13M), and United States ($9.85M).

The fastest growing import markets in Navigation Equipment for Thailand between 2022 and 2023 were Japan ($13.5M), Singapore ($5.19M), and Sweden ($3.32M).

Latest Trends

Jan 2025

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 Navigation Equipment. 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)$168M
IMPORTS (2023)$214M
NET TRADE (2023)-$45.9M

In 2023, Thailand exported $168M in Navigation Equipment. The main destinations of Thailand exports on Navigation Equipment were Japan ($60M), Indonesia ($26.2M), United States ($15.6M), Vietnam ($13.8M), and India ($9.65M).

In 2023, Thailand imported $214M in Navigation Equipment, mainly from China ($79M), Japan ($58.9M), Philippines ($21.7M), Germany ($13M), and United States ($9.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Japan$26.4M (78.8%)
India$9.5M (6.35k%)
United States$3.29M (26.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Thailand WERE (2022 - 2023):
Vietnam-$2.45M (-15%)
Sweden-$2.41M (-59.5%)
Malaysia-$1.64M (-32.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Navigation Equipment were:
In 2023, Thailand's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.7M
TOP IMPORT POTENTIALChina+ $14.7M

Navigation Equipment’s highest export potential is United States. With an export gap of $9.7M.   Navigation Equipment’s highest import potential is China with an import gap of $14.7M.

See methodology.

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