2022
Exports
$21.8MWorld Rnk 33 / 94
Flag Rnk 581 / 1211
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$123MWorld Rnk 26 / 143
Flag Rnk 322 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $21.8M in Platinum, making it the 33rd largest exporter of Platinum in the world. At the same year, Platinum was the 581st most exported product in Thailand. The main destination of Platinum exports from Thailand are: Germany ($6.35M), Italy ($4.83M), Austria ($4.13M), Japan ($3.48M), and Indonesia ($1.4M).

The fastest growing export markets for Platinum of Thailand between 2021 and 2022 were Italy ($3.82M), Germany ($2.07M), and Austria ($1.49M).

Imports In 2022, Thailand imported $123M in Platinum, becoming the 26th largest importer of Platinum in the world. At the same year, Platinum was the 322nd most imported product in Thailand. Thailand imports Platinum primarily from: Germany ($37.2M), Japan ($29.7M), South Africa ($18.2M), Russia ($16.7M), and Hong Kong ($5.56M).

The fastest growing import markets in Platinum for Thailand between 2021 and 2022 were Germany ($6.73M), Russia ($4.28M), and Japan ($3.27M).

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 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 (2022)$21.8M
IMPORTS (2022)$123M
NET TRADE (2022)-$102M

In 2022, Thailand exported $21.8M in Platinum. The main destinations of Thailand exports on Platinum were Germany ($6.35M), Italy ($4.83M), Austria ($4.13M), Japan ($3.48M), and Indonesia ($1.4M).

In 2022, Thailand imported $123M in Platinum, mainly from Germany ($37.2M), Japan ($29.7M), South Africa ($18.2M), Russia ($16.7M), and Hong Kong ($5.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Italy$3.82M (378%)
Germany$2.07M (48.4%)
Austria$1.49M (56.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Thailand WERE (2021 - 2022):
Japan-$1.77M (-33.7%)
France-$330k (-65.7%)
Indonesia-$227k (-13.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Platinum were:
In 2022, 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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