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2023
Exports $111MWorld Rnk 12 / 86
Flag Rnk 293 / 1212
falsefalseN/A
2022 - 2023
FASTEST GROWING MARKETfalseIndonesia
2023
PRODUCT COMPLEXITY IN Tug Boats-1.04Rnk 840 / 1025
2023
Imports $215MWorld Rnk 4 / 133
Flag Rnk 214 / 1212
2022 - 2023
FASTEST GROWING ORIGINfalseN/A
2023
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 132

About

The fastest growing export markets for Tug Boats of Thailand between 2022 and 2023 were Indonesia ($53M), Vietnam ($14.5M), and Malaysia ($8.4M).

Imports In 2023, Thailand imported $215M in Tug Boats, becoming the 4th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 214th most imported product in Thailand. Thailand imports Tug Boats primarily from: Singapore ($103M), Indonesia ($67.8M), Vietnam ($20.7M), Panama ($6.07M), and Liberia ($5.76M).

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 Tug 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)$111M
IMPORTS (2023)$215M
NET TRADE (2023)-$104M

In 2023, Thailand imported $215M in Tug Boats, mainly from Singapore ($103M), Indonesia ($67.8M), Vietnam ($20.7M), Panama ($6.07M), and Liberia ($5.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Indonesia$53M (252%)
Vietnam$14.5M (195%)
Malaysia$8.4M (365%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Thailand WERE (2022 - 2023):Saudi Arabia-$7.6M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Tug Boats were:
Saudi Arabia $920M
India $499M
Turkey $345M
In 2023, Thailand's main importing competitors in Tug Boats were:
United Arab Emirates $1.05B
India $298M
Singapore $233M

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $299k
TOP IMPORT POTENTIALVietnam+ $1.99M

Tug Boats’s highest export potential is Malaysia. With an export gap of $299k.   Tug Boats’s highest import potential is Vietnam with an import gap of $1.99M.

See methodology.

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