2023
Exports
$24MWorld Rnk 43 / 176
Flag Rnk 564 / 1212
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$68.9MWorld Rnk 34 / 219
Flag Rnk 413 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $24M in Recreational Boats, making it the 43rd largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 564th most exported product in Thailand. The main destination of Recreational Boats exports from Thailand are: United States ($6.41M), Australia ($2.99M), Malaysia ($2.31M), Cambodia ($1.58M), and Netherlands ($1.17M).

The fastest growing export markets for Recreational Boats of Thailand between 2022 and 2023 were Cambodia ($1.36M), Australia ($904k), and Russia ($725k).

Imports In 2023, Thailand imported $68.9M in Recreational Boats, becoming the 34th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 413th most imported product in Thailand. Thailand imports Recreational Boats primarily from: Italy ($16.5M), United States ($10.4M), France ($9.94M), United Kingdom ($6.39M), and Mexico ($5.77M).

The fastest growing import markets in Recreational Boats for Thailand between 2022 and 2023 were France ($6.27M), United States ($2.75M), and Poland ($1.12M).

COMPANIES In 2024, leading companies such as YAMAHA CORPORATION OF AMERICA (4) and Samsung (1) were at the forefront of shipping Recreational Boats from Thailand to the United States.

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 Recreational Boats. 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)$24M
IMPORTS (2023)$68.9M
NET TRADE (2023)-$44.9M

In 2023, Thailand exported $24M in Recreational Boats. The main destinations of Thailand exports on Recreational Boats were United States ($6.41M), Australia ($2.99M), Malaysia ($2.31M), Cambodia ($1.58M), and Netherlands ($1.17M).

In 2023, Thailand imported $68.9M in Recreational Boats, mainly from Italy ($16.5M), United States ($10.4M), France ($9.94M), United Kingdom ($6.39M), and Mexico ($5.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Cambodia$1.36M (610%)
Australia$904k (43.3%)
Russia$725k (6.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Thailand WERE (2022 - 2023):
United States-$7.56M (-54.1%)
Hong Kong-$5.79M (-88.1%)
Guinea-$1.58M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.39M
TOP IMPORT POTENTIALChina+ $3.67M

Recreational Boats’s highest export potential is United States. With an export gap of $5.39M.   Recreational Boats’s highest import potential is China with an import gap of $3.67M.

See methodology.

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