2018
Exports
$166MWorld Rnk 32 / 162
Flag Rnk 246 / 1211
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2018
Imports
$326MWorld Rnk 22 / 217
Flag Rnk 174 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2018, Thailand exported $166M in Raw Iron Bars, making it the 32nd largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 246th most exported product in Thailand. The main destination of Raw Iron Bars exports from Thailand are: Canada ($80.4M), Burma ($33.3M), India ($27M), Laos ($16.9M), and Indonesia ($2.89M).

The fastest growing export markets for Raw Iron Bars of Thailand between 2021 and 2022 were Canada ($66.5M), Burma ($15.8M), and India ($13.1M).

Imports In 2022, Thailand imported $326M in Raw Iron Bars, becoming the 22nd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 174th most imported product in Thailand. Thailand imports Raw Iron Bars primarily from: Japan ($160M), China ($82.8M), South Korea ($63.1M), Indonesia ($7.95M), and Chinese Taipei ($7.45M).

The fastest growing import markets in Raw Iron Bars for Thailand between 2021 and 2022 were China ($37.3M), South Korea ($3.71M), and Indonesia ($1.44M).

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 Raw Iron Bars. 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)$166M
IMPORTS (2022)$326M
NET TRADE (2022)-$160M

In 2022, Thailand exported $166M in Raw Iron Bars. The main destinations of Thailand exports on Raw Iron Bars were Canada ($80.4M), Burma ($33.3M), India ($27M), Laos ($16.9M), and Indonesia ($2.89M).

In 2022, Thailand imported $326M in Raw Iron Bars, mainly from Japan ($160M), China ($82.8M), South Korea ($63.1M), Indonesia ($7.95M), and Chinese Taipei ($7.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Canada$66.5M (479%)
Burma$15.8M (89.8%)
India$13.1M (94.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Thailand WERE (2021 - 2022):
Laos-$6.81M (-28.7%)
Papua New Guinea-$880k (-100%)
Cambodia-$644k (-23.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Thailand's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCambodia+ $2.57M
TOP IMPORT POTENTIALChina+ $3.98M

Raw Iron Bars’s highest export potential is Cambodia. With an export gap of $2.57M.   Raw Iron Bars’s highest import potential is China with an import gap of $3.98M.

See methodology.

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