2022
Exports
$42.6MWorld Rnk 23 / 200
Flag Rnk 467 / 1211
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$61.9MWorld Rnk 32 / 222
Flag Rnk 456 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $42.6M in Pens, making it the 23rd largest exporter of Pens in the world. At the same year, Pens was the 467th most exported product in Thailand. The main destination of Pens exports from Thailand are: South Korea ($8.9M), Egypt ($4.57M), China ($4.48M), Burma ($2.47M), and Chile ($1.94M).

The fastest growing export markets for Pens of Thailand between 2021 and 2022 were Egypt ($2.85M), South Korea ($2.69M), and Chile ($905k).

Imports In 2022, Thailand imported $61.9M in Pens, becoming the 32nd largest importer of Pens in the world. At the same year, Pens was the 456th most imported product in Thailand. Thailand imports Pens primarily from: China ($26.1M), Japan ($10.4M), India ($7.61M), South Korea ($4.83M), and Germany ($2.97M).

The fastest growing import markets in Pens for Thailand between 2021 and 2022 were China ($2.89M), South Korea ($1.06M), and Germany ($811k).

COMPANIES In 2023, leading companies such as Cinmar (2) were at the forefront of shipping Pens from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Pens. 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)$42.6M
IMPORTS (2022)$61.9M
NET TRADE (2022)-$19.4M

In 2022, Thailand exported $42.6M in Pens. The main destinations of Thailand exports on Pens were South Korea ($8.9M), Egypt ($4.57M), China ($4.48M), Burma ($2.47M), and Chile ($1.94M).

In 2022, Thailand imported $61.9M in Pens, mainly from China ($26.1M), Japan ($10.4M), India ($7.61M), South Korea ($4.83M), and Germany ($2.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Egypt$2.85M (166%)
South Korea$2.69M (43.3%)
Chile$905k (87.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Thailand WERE (2021 - 2022):
China-$2.29M (-33.9%)
Philippines-$1.77M (-76.6%)
Germany-$571k (-42.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Thailand's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Thailand's main importing competitors in Pens were:

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.76M
TOP IMPORT POTENTIALChina+ $6.69M

Pens’s highest export potential is China. With an export gap of $2.76M.   Pens’s highest import potential is China with an import gap of $6.69M.

See methodology.

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