2023
Exports
$20MWorld Rnk 33 / 110
Flag Rnk 589 / 1212
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$76.3MWorld Rnk 28 / 146
Flag Rnk 401 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $20M in Platinum, making it the 33rd largest exporter of Platinum in the world. At the same year, Platinum was the 589th most exported product in Thailand. The main destination of Platinum exports from Thailand are: Austria ($8.17M), Germany ($5.99M), Japan ($1.49M), Vietnam ($1M), and Indonesia ($970k).

The fastest growing export markets for Platinum of Thailand between 2022 and 2023 were Austria ($4.04M), United Kingdom ($841k), and Vietnam ($799k).

Imports In 2023, Thailand imported $76.3M in Platinum, becoming the 28th largest importer of Platinum in the world. At the same year, Platinum was the 401st most imported product in Thailand. Thailand imports Platinum primarily from: Japan ($27.1M), Belgium ($11.1M), Germany ($11.1M), United States ($6.27M), and Hong Kong ($4.85M).

The fastest growing import markets in Platinum for Thailand between 2022 and 2023 were Belgium ($9.28M), Japan ($3.39M), and Chinese Taipei ($1.27M).

Latest Trends

Jan 2025

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 Platinum. 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 (2023)$20M
IMPORTS (2023)$76.3M
NET TRADE (2023)-$56.2M

In 2023, Thailand exported $20M in Platinum. The main destinations of Thailand exports on Platinum were Austria ($8.17M), Germany ($5.99M), Japan ($1.49M), Vietnam ($1M), and Indonesia ($970k).

In 2023, Thailand imported $76.3M in Platinum, mainly from Japan ($27.1M), Belgium ($11.1M), Germany ($11.1M), United States ($6.27M), and Hong Kong ($4.85M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Austria$4.04M (97.9%)
United Kingdom$841k (2.09k%)
Vietnam$799k (395%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Thailand WERE (2022 - 2023):
Italy-$4.6M (-96.2%)
Japan-$1.64M (-52.4%)
Hong Kong-$1.16M (-98.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Platinum were:
In 2023, Thailand's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.49M
TOP IMPORT POTENTIALSouth Africa+ $13.1M

Platinum’s highest export potential is Germany. With an export gap of $4.49M.   Platinum’s highest import potential is South Africa with an import gap of $13.1M.

See methodology.

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