2022
Exports
$110MWorld Rnk 44 / 221
Flag Rnk 305 / 1211
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$139MWorld Rnk 48 / 225
Flag Rnk 297 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $110M in Non-Knit Men's Suits, making it the 44th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 305th most exported product in Thailand. The main destination of Non-Knit Men's Suits exports from Thailand are: United States ($45.4M), Hong Kong ($6.11M), Japan ($5.63M), Germany ($3.58M), and South Korea ($3.18M).

The fastest growing export markets for Non-Knit Men's Suits of Thailand between 2021 and 2022 were United States ($2.56M), Germany ($1.6M), and United Arab Emirates ($1.53M).

Imports In 2022, Thailand imported $139M in Non-Knit Men's Suits, becoming the 48th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 297th most imported product in Thailand. Thailand imports Non-Knit Men's Suits primarily from: China ($62.5M), Vietnam ($17.8M), Cambodia ($8.57M), Bangladesh ($8.57M), and Indonesia ($7.79M).

The fastest growing import markets in Non-Knit Men's Suits for Thailand between 2021 and 2022 were China ($15.8M), Vietnam ($6.84M), and Indonesia ($5M).

COMPANIES In 2023, leading companies such as LG Electronics (8), Goya Foods (3), and Puma (2) were at the forefront of shipping Non-Knit Men's Suits 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 Non-Knit Men's Suits. 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)$110M
IMPORTS (2022)$139M
NET TRADE (2022)-$28.3M

In 2022, Thailand exported $110M in Non-Knit Men's Suits. The main destinations of Thailand exports on Non-Knit Men's Suits were United States ($45.4M), Hong Kong ($6.11M), Japan ($5.63M), Germany ($3.58M), and South Korea ($3.18M).

In 2022, Thailand imported $139M in Non-Knit Men's Suits, mainly from China ($62.5M), Vietnam ($17.8M), Cambodia ($8.57M), Bangladesh ($8.57M), and Indonesia ($7.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$2.56M (5.97%)
Germany$1.6M (81.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Thailand WERE (2021 - 2022):
Bhutan-$3.03M (-80.7%)
China-$2.37M (-43.1%)
Hong Kong-$1.38M (-18.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Thailand's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.9M
TOP IMPORT POTENTIALChina+ $23.4M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $17.9M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $23.4M.

See methodology.

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