2022
Exports
$559kWorld Rnk 31 / 164
Flag Rnk 1016 / 1211
falsefalse Vietnam
2022
Imports
$1.57MWorld Rnk 41 / 201
Flag Rnk 1064 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $559k in Neck Ties, making it the 31st largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 1016th most exported product in Thailand. The main destination of Neck Ties exports from Thailand are: Vietnam ($59.8k), India ($59.2k), China ($53.9k), Saudi Arabia ($45.5k), and South Korea ($36k).

The fastest growing export markets for Neck Ties of Thailand between 2021 and 2022 were India ($57.3k), China ($48.3k), and South Korea ($35.4k).

Imports In 2022, Thailand imported $1.57M in Neck Ties, becoming the 41st largest importer of Neck Ties in the world. At the same year, Neck Ties was the 1064th most imported product in Thailand. Thailand imports Neck Ties primarily from: China ($618k), France ($489k), Italy ($163k), Japan ($59.9k), and Singapore ($49.9k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) were at the forefront of shipping Neck Ties from Thailand to the United States.

Latest Trends

Jul 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 Neck Ties. 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)$559k
IMPORTS (2022)$1.57M
NET TRADE (2022)-$1.01M

In 2022, Thailand exported $559k in Neck Ties. The main destinations of Thailand exports on Neck Ties were Vietnam ($59.8k), India ($59.2k), China ($53.9k), Saudi Arabia ($45.5k), and South Korea ($36k).

In 2022, Thailand imported $1.57M in Neck Ties, mainly from China ($618k), France ($489k), Italy ($163k), Japan ($59.9k), and Singapore ($49.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Neck Ties EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
India$57.3k (2.97k%)
China$48.3k (860%)
South Korea$35.4k (5.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY Thailand WERE (2021 - 2022):
Kuwait-$8.65k (-68.3%)
Norway-$6.6k (-41.2%)
Turkey-$3.63k (-61.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, Thailand's main importing competitors in Neck Ties were:

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $63.9k
TOP IMPORT POTENTIALChina+ $306k

Neck Ties’s highest export potential is India. With an export gap of $63.9k.   Neck Ties’s highest import potential is China with an import gap of $306k.

See methodology.

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