2022
Exports
$10.9MWorld Rnk 22 / 119
Flag Rnk 700 / 1211
2022
PRODUCT COMPLEXITY IN Tungsten
1.45Rnk 63 / 1025
2022
Imports
$13.4MWorld Rnk 24 / 169
Flag Rnk 784 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $10.9M in Tungsten, making it the 22nd largest exporter of Tungsten in the world. At the same year, Tungsten was the 700th most exported product in Thailand. The main destination of Tungsten exports from Thailand are: Germany ($4.36M), Japan ($3.32M), Belgium ($1.44M), Chinese Taipei ($588k), and United States ($303k).

The fastest growing export markets for Tungsten of Thailand between 2021 and 2022 were Japan ($2.55M), Germany ($2.06M), and Chinese Taipei ($566k).

Imports In 2022, Thailand imported $13.4M in Tungsten, becoming the 24th largest importer of Tungsten in the world. At the same year, Tungsten was the 784th most imported product in Thailand. Thailand imports Tungsten primarily from: Japan ($4.47M), China ($3.32M), Singapore ($1.58M), Chinese Taipei ($1.12M), and Malaysia ($914k).

The fastest growing import markets in Tungsten for Thailand between 2021 and 2022 were China ($1.46M), Singapore ($1.45M), and United Kingdom ($626k).

COMPANIES In 2023, leading companies such as Samsung (36), Asus Computer (3), and Kubota (2) were at the forefront of shipping Tungsten from Thailand to the United States.

Latest Trends

Sep 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 Tungsten. 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)$10.9M
IMPORTS (2022)$13.4M
NET TRADE (2022)-$2.5M

In 2022, Thailand exported $10.9M in Tungsten. The main destinations of Thailand exports on Tungsten were Germany ($4.36M), Japan ($3.32M), Belgium ($1.44M), Chinese Taipei ($588k), and United States ($303k).

In 2022, Thailand imported $13.4M in Tungsten, mainly from Japan ($4.47M), China ($3.32M), Singapore ($1.58M), Chinese Taipei ($1.12M), and Malaysia ($914k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$2.55M (332%)
Germany$2.06M (89.5%)
Chinese Taipei$566k (2.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Thailand WERE (2021 - 2022):
Singapore-$149k (-76.5%)
Philippines-$62.9k (-76.3%)
Laos-$34.5k (-76.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tungsten by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $445k
TOP IMPORT POTENTIALChina+ $1.1M

Tungsten’s highest export potential is United States. With an export gap of $445k.   Tungsten’s highest import potential is China with an import gap of $1.1M.

See methodology.

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