2023
Exports
$3.97MWorld Rnk 17 / 118
Flag Rnk 826 / 1212
2023
PRODUCT COMPLEXITY IN Time Switches
0.85Rnk 231 / 1025
2023
Imports
$8.65MWorld Rnk 13 / 200
Flag Rnk 840 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $3.97M in Time Switches, making it the 17th largest exporter of Time Switches in the world. At the same year, Time Switches was the 826th most exported product in Thailand. The main destination of Time Switches exports from Thailand are: United States ($3.06M), Canada ($492k), Japan ($290k), Laos ($34.5k), and Saudi Arabia ($30.5k).

The fastest growing export markets for Time Switches of Thailand between 2022 and 2023 were United States ($2.76M), Canada ($425k), and Saudi Arabia ($30.5k).

Imports In 2023, Thailand imported $8.65M in Time Switches, becoming the 13th largest importer of Time Switches in the world. At the same year, Time Switches was the 840th most imported product in Thailand. Thailand imports Time Switches primarily from: China ($5.83M), Indonesia ($1.9M), Japan ($245k), Germany ($188k), and United States ($153k).

The fastest growing import markets in Time Switches for Thailand between 2022 and 2023 were China ($257k), Indonesia ($201k), and United States ($58.1k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Time Switches. 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)$3.97M
IMPORTS (2023)$8.65M
NET TRADE (2023)-$4.68M

In 2023, Thailand exported $3.97M in Time Switches. The main destinations of Thailand exports on Time Switches were United States ($3.06M), Canada ($492k), Japan ($290k), Laos ($34.5k), and Saudi Arabia ($30.5k).

In 2023, Thailand imported $8.65M in Time Switches, mainly from China ($5.83M), Indonesia ($1.9M), Japan ($245k), Germany ($188k), and United States ($153k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
United States$2.76M (939%)
Canada$425k (639%)
Saudi Arabia$30.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Thailand WERE (2022 - 2023):
Japan-$21.4k (-6.88%)
Chinese Taipei-$9.89k (-85.5%)
Singapore-$4.01k (-96.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Time Switches were:
China $152M
Mexico $63.1M
Germany $52.8M
In 2023, Thailand's main importing competitors in Time Switches were:

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131k
TOP IMPORT POTENTIALGermany+ $109k

Time Switches’s highest export potential is United States. With an export gap of $131k.   Time Switches’s highest import potential is Germany with an import gap of $109k.

See methodology.

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