2022
Exports
$31.2MWorld Rnk 19 / 84
Flag Rnk 520 / 1211
2022
PRODUCT COMPLEXITY IN Tug Boats
-0.93Rnk 819 / 1025
2022
Imports
$137MWorld Rnk 4 / 141
Flag Rnk 302 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $31.2M in Tug Boats, making it the 19th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 520th most exported product in Thailand. The main destination of Tug Boats exports from Thailand are: Indonesia ($21.9M), Vietnam ($6.97M), Malaysia ($2.39M), and Singapore ($491).

The fastest growing export markets for Tug Boats of Thailand between 2021 and 2022 were Indonesia ($11.5M) and Vietnam ($6.97M).

Imports In 2022, Thailand imported $137M in Tug Boats, becoming the 4th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 302nd most imported product in Thailand. Thailand imports Tug Boats primarily from: Singapore ($81.1M), China ($29M), Indonesia ($14M), Panama ($7.03M), and Vietnam ($4.76M).

The fastest growing import markets in Tug Boats for Thailand between 2021 and 2022 were Singapore ($63.6M), Indonesia ($8.64M), and Panama ($7.03M).

Latest Trends

Jul 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 (2022)$31.2M
IMPORTS (2022)$137M
NET TRADE (2022)-$106M

In 2022, Thailand exported $31.2M in Tug Boats. The main destinations of Thailand exports on Tug Boats were Indonesia ($21.9M), Vietnam ($6.97M), Malaysia ($2.39M), and Singapore ($491).

In 2022, Thailand imported $137M in Tug Boats, mainly from Singapore ($81.1M), China ($29M), Indonesia ($14M), Panama ($7.03M), and Vietnam ($4.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Indonesia$11.5M (111%)
Vietnam$6.97M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Thailand WERE (2021 - 2022):
Malaysia-$119M (-98%)
Singapore-$65.9M (-100%)
Laos-$340 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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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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