2022
Exports
$2.03BWorld Rnk 8 / 216
Flag Rnk 28 / 1211
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$2BWorld Rnk 8 / 224
Flag Rnk 21 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $2.03B in Other Electrical Machinery, making it the 8th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 28th most exported product in Thailand. The main destination of Other Electrical Machinery exports from Thailand are: United States ($1.04B), Thailand ($287M), Japan ($111M), China ($76.8M), and Malaysia ($65.2M).

The fastest growing export markets for Other Electrical Machinery of Thailand between 2021 and 2022 were United States ($737M), Thailand ($129M), and Malaysia ($26M).

Imports In 2022, Thailand imported $2B in Other Electrical Machinery, becoming the 8th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 21st most imported product in Thailand. Thailand imports Other Electrical Machinery primarily from: China ($984M), Thailand ($287M), Japan ($164M), Malaysia ($107M), and United States ($96.8M).

The fastest growing import markets in Other Electrical Machinery for Thailand between 2021 and 2022 were Thailand ($129M), China ($68.6M), and United States ($55.7M).

COMPANIES In 2023, leading companies such as Magna International (14), YAMAHA CORPORATION OF AMERICA (13), and LG Electronics (1) were at the forefront of shipping Other Electrical Machinery from Thailand to the United States.

Latest Trends

Oct 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 Other Electrical Machinery. 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)$2.03B
IMPORTS (2022)$2B
NET TRADE (2022)$34.9M

In 2022, Thailand exported $2.03B in Other Electrical Machinery. The main destinations of Thailand exports on Other Electrical Machinery were United States ($1.04B), Thailand ($287M), Japan ($111M), China ($76.8M), and Malaysia ($65.2M).

In 2022, Thailand imported $2B in Other Electrical Machinery, mainly from China ($984M), Thailand ($287M), Japan ($164M), Malaysia ($107M), and United States ($96.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$737M (239%)
Thailand$129M (81%)
Malaysia$26M (66.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Thailand WERE (2021 - 2022):
Japan-$99.4M (-47.3%)
Hong Kong-$52.2M (-48.4%)
Italy-$41.9M (-79.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Other Electrical Machinery were:
In 2022, Thailand's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $69.9M
TOP IMPORT POTENTIALChina+ $70.1M

Other Electrical Machinery’s highest export potential is China. With an export gap of $69.9M.   Other Electrical Machinery’s highest import potential is China with an import gap of $70.1M.

See methodology.

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