2022
Exports
$130MWorld Rnk 26 / 144
Flag Rnk 283 / 1211
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$760MWorld Rnk 12 / 182
Flag Rnk 79 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $130M in Silver, making it the 26th largest exporter of Silver in the world. At the same year, Silver was the 283rd most exported product in Thailand. The main destination of Silver exports from Thailand are: Switzerland ($58.5M), India ($40M), Germany ($11.9M), New Zealand ($5.93M), and Indonesia ($2.3M).

The fastest growing export markets for Silver of Thailand between 2021 and 2022 were Germany ($3.45M), Switzerland ($2.24M), and Vietnam ($792k).

Imports In 2022, Thailand imported $760M in Silver, becoming the 12th largest importer of Silver in the world. At the same year, Silver was the 79th most imported product in Thailand. Thailand imports Silver primarily from: China ($285M), Germany ($127M), Laos ($103M), Switzerland ($80.1M), and Japan ($70.7M).

The fastest growing import markets in Silver for Thailand between 2021 and 2022 were Switzerland ($41M), China ($35.1M), and Japan ($30.9M).

Latest Trends

Aug 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 Silver. 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)$130M
IMPORTS (2022)$760M
NET TRADE (2022)-$631M

In 2022, Thailand exported $130M in Silver. The main destinations of Thailand exports on Silver were Switzerland ($58.5M), India ($40M), Germany ($11.9M), New Zealand ($5.93M), and Indonesia ($2.3M).

In 2022, Thailand imported $760M in Silver, mainly from China ($285M), Germany ($127M), Laos ($103M), Switzerland ($80.1M), and Japan ($70.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Germany$3.45M (40.9%)
Switzerland$2.24M (3.98%)
Vietnam$792k (56.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Thailand WERE (2021 - 2022):
Laos-$18.6M (-100%)
India-$15.1M (-27.4%)
Australia-$7.85M (-97.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.25M
TOP IMPORT POTENTIALSouth Korea+ $10.2M

Silver’s highest export potential is India. With an export gap of $7.25M.   Silver’s highest import potential is South Korea with an import gap of $10.2M.

See methodology.

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