2023
Exports
$372MWorld Rnk 18 / 176
Flag Rnk 141 / 1212
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$11.6MWorld Rnk 32 / 126
Flag Rnk 788 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $372M in Precious Metal Scraps, making it the 18th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 141st most exported product in Thailand. The main destination of Precious Metal Scraps exports from Thailand are: Singapore ($225M), Japan ($62.8M), United Kingdom ($14.8M), Hong Kong ($13.1M), and Austria ($12.6M).

The fastest growing export markets for Precious Metal Scraps of Thailand between 2022 and 2023 were Singapore ($205M), Japan ($13.8M), and Hong Kong ($9.06M).

Imports In 2023, Thailand imported $11.6M in Precious Metal Scraps, becoming the 32nd largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 788th most imported product in Thailand. Thailand imports Precious Metal Scraps primarily from: Malaysia ($3.68M), United States ($2.52M), Indonesia ($2.08M), Hong Kong ($823k), and Israel ($786k).

The fastest growing import markets in Precious Metal Scraps for Thailand between 2022 and 2023 were Malaysia ($3.64M), Indonesia ($1.55M), and United States ($1.32M).

Latest Trends

Dec 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 Precious Metal Scraps. 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)$372M
IMPORTS (2023)$11.6M
NET TRADE (2023)$361M

In 2023, Thailand exported $372M in Precious Metal Scraps. The main destinations of Thailand exports on Precious Metal Scraps were Singapore ($225M), Japan ($62.8M), United Kingdom ($14.8M), Hong Kong ($13.1M), and Austria ($12.6M).

In 2023, Thailand imported $11.6M in Precious Metal Scraps, mainly from Malaysia ($3.68M), United States ($2.52M), Indonesia ($2.08M), Hong Kong ($823k), and Israel ($786k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Singapore$205M (1.01k%)
Japan$13.8M (28.2%)
Hong Kong$9.06M (223%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Thailand WERE (2022 - 2023):
New Zealand-$5.7M (-37.6%)
Malaysia-$3.66M (-43%)
United States-$3.6M (-32.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Precious Metal Scraps were:
In 2023, Thailand's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $15.2M
TOP IMPORT POTENTIALUnited States+ $3.22M

Precious Metal Scraps’s highest export potential is Japan. With an export gap of $15.2M.   Precious Metal Scraps’s highest import potential is United States with an import gap of $3.22M.

See methodology.

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