2022
Exports
$15.4BWorld Rnk 17 / 220
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Precious Metals
0.58Rnk 328 / 1025
2022
Imports
$16.6BWorld Rnk 15 / 225
Flag Rnk 5 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $15.4B in Precious Metals, making it the 17th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 6th most exported product in Thailand. The main destination of Precious Metals exports from Thailand are: Switzerland ($2.66B), United States ($1.9B), Singapore ($1.63B), Cambodia ($1.6B), and Hong Kong ($1.56B).

The fastest growing export markets for Precious Metals of Thailand between 2021 and 2022 were Switzerland ($1.77B), Cambodia ($1.33B), and India ($421M).

Imports In 2022, Thailand imported $16.6B in Precious Metals, becoming the 15th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 5th most imported product in Thailand. Thailand imports Precious Metals primarily from: Switzerland ($5.5B), Hong Kong ($2.69B), India ($1.52B), Singapore ($898M), and Japan ($674M).

The fastest growing import markets in Precious Metals for Thailand between 2021 and 2022 were Switzerland ($2.05B), Hong Kong ($480M), and Japan ($476M).

COMPANIES In 2023, leading companies such as Samsung (6), IKEA Group (5), and Stihl (2) were at the forefront of shipping Precious Metals from Thailand to the United States.

Latest Trends

Oct 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 Metals. 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)$15.4B
IMPORTS (2022)$16.6B
NET TRADE (2022)-$1.2B

In 2022, Thailand exported $15.4B in Precious Metals. The main destinations of Thailand exports on Precious Metals were Switzerland ($2.66B), United States ($1.9B), Singapore ($1.63B), Cambodia ($1.6B), and Hong Kong ($1.56B).

In 2022, Thailand imported $16.6B in Precious Metals, mainly from Switzerland ($5.5B), Hong Kong ($2.69B), India ($1.52B), Singapore ($898M), and Japan ($674M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metals EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Switzerland$1.77B (200%)
Cambodia$1.33B (490%)
India$421M (72.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metals BY Thailand WERE (2021 - 2022):
Laos-$71.5M (-17.7%)
Japan-$29.9M (-9.8%)
South Korea-$20.2M (-25.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Precious Metals were:
In 2022, Thailand's main importing competitors in Precious Metals were:

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Trade Value of Precious Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $336M
TOP IMPORT POTENTIALUnited Arab Emirates+ $261M

Precious Metals’s highest export potential is India. With an export gap of $336M.   Precious Metals’s highest import potential is United Arab Emirates with an import gap of $261M.

See methodology.

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