2023
Exports
$138MWorld Rnk 12 / 174
Flag Rnk 265 / 1212
2023
PRODUCT COMPLEXITY IN Textile Processing Machines
1.18Rnk 111 / 1025
2023
Imports
$55.5MWorld Rnk 34 / 219
Flag Rnk 456 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $138M in Textile Processing Machines, making it the 12th largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 265th most exported product in Thailand. The main destination of Textile Processing Machines exports from Thailand are: United States ($28.3M), Australia ($25.1M), Vietnam ($12.9M), Malaysia ($10.1M), and Chile ($9.42M).

The fastest growing export markets for Textile Processing Machines of Thailand between 2022 and 2023 were New Zealand ($1.07M), Israel ($1.03M), and Saudi Arabia ($885k).

Imports In 2023, Thailand imported $55.5M in Textile Processing Machines, becoming the 34th largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 456th most imported product in Thailand. Thailand imports Textile Processing Machines primarily from: China ($18.8M), South Korea ($6.41M), Germany ($6.14M), Chinese Taipei ($5.49M), and Japan ($3.17M).

The fastest growing import markets in Textile Processing Machines for Thailand between 2022 and 2023 were Germany ($2.81M), Chinese Taipei ($2.32M), and South Korea ($2.15M).

COMPANIES In 2024, leading companies such as Samsung (997), LG Electronics (696), and Electrolux (6) were at the forefront of shipping Textile Processing Machines 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 Textile Processing Machines. 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)$138M
IMPORTS (2023)$55.5M
NET TRADE (2023)$82.8M

In 2023, Thailand exported $138M in Textile Processing Machines. The main destinations of Thailand exports on Textile Processing Machines were United States ($28.3M), Australia ($25.1M), Vietnam ($12.9M), Malaysia ($10.1M), and Chile ($9.42M).

In 2023, Thailand imported $55.5M in Textile Processing Machines, mainly from China ($18.8M), South Korea ($6.41M), Germany ($6.14M), Chinese Taipei ($5.49M), and Japan ($3.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
New Zealand$1.07M (44.8%)
Israel$1.03M (2.61k%)
Saudi Arabia$885k (515%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY Thailand WERE (2022 - 2023):
Australia-$6.36M (-20.2%)
Chile-$2.01M (-17.5%)
Japan-$1.74M (-44.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Textile Processing Machines were:
In 2023, Thailand's main importing competitors in Textile Processing Machines were:

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Trade Value of Textile Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.2M
TOP IMPORT POTENTIALChina+ $5.15M

Textile Processing Machines’s highest export potential is United States. With an export gap of $10.2M.   Textile Processing Machines’s highest import potential is China with an import gap of $5.15M.

See methodology.

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