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2022
Exports $279MWorld Rnk 12 / 209
Flag Rnk 174 / 1211
2022
Destination $28.6M Japan
2021 - 2022
FASTEST GROWING MARKET $28.6MJapan
2022
PRODUCT COMPLEXITY IN Padlocks0.82Rnk 236 / 1025
2022
Imports $165MWorld Rnk 23 / 223
Flag Rnk 270 / 1210
2022
Origin $21MN/A
2021 - 2022
FASTEST GROWING ORIGIN $21MChina
2022
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $279M in Padlocks, making it the 12th largest exporter of Padlocks in the world. At the same year, Padlocks was the 174th most exported product in Thailand. The main destination of Padlocks exports from Thailand are: Japan ($103M), United States ($33.2M), Indonesia ($24.7M), India ($20M), and Malaysia ($14.6M).

The fastest growing export markets for Padlocks of Thailand between 2021 and 2022 were Japan ($28.6M), Indonesia ($4.84M), and Morocco ($3.58M).

Imports In 2022, Thailand imported $165M in Padlocks, becoming the 23rd largest importer of Padlocks in the world. At the same year, Padlocks was the 270th most imported product in Thailand. Thailand imports Padlocks primarily from: N/A.

The fastest growing import markets in Padlocks for Thailand between 2021 and 2022 were China ($21M), India ($3.05M), and Indonesia ($2.05M).

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 Padlocks. 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)$279M
IMPORTS (2022)$165M
NET TRADE (2022)$113M

In 2022, Thailand exported $279M in Padlocks. The main destinations of Thailand exports on Padlocks were Japan ($103M), United States ($33.2M), Indonesia ($24.7M), India ($20M), and Malaysia ($14.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$28.6M (38.2%)
Indonesia$4.84M (24.4%)
Morocco$3.58M (425%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Thailand WERE (2021 - 2022):
Pakistan-$2.27M (-41.9%)
United States-$2.24M (-6.32%)
Chinese Taipei-$1.5M (-71.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Thailand's main importing competitors in Padlocks were:
United States $3.22B
Germany $1.14B
Mexico $800M

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.3M
TOP IMPORT POTENTIALChina+ $13.4M

Padlocks’s highest export potential is United States. With an export gap of $17.3M.   Padlocks’s highest import potential is China with an import gap of $13.4M.

See methodology.

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