2023
Exports
$10.2MWorld Rnk 21 / 119
Flag Rnk 690 / 1212
2023
PRODUCT COMPLEXITY IN Tungsten
1.42Rnk 58 / 1025
2023
Imports
$10.9MWorld Rnk 26 / 176
Flag Rnk 799 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $10.2M in Tungsten, making it the 21st largest exporter of Tungsten in the world. At the same year, Tungsten was the 690th most exported product in Thailand. The main destination of Tungsten exports from Thailand are: Germany ($3.33M), Japan ($3.09M), Singapore ($1.08M), United States ($942k), and Chinese Taipei ($368k).

The fastest growing export markets for Tungsten of Thailand between 2022 and 2023 were Singapore ($1.03M), United States ($640k), and Japan ($522k).

Imports In 2023, Thailand imported $10.9M in Tungsten, becoming the 26th largest importer of Tungsten in the world. At the same year, Tungsten was the 799th most imported product in Thailand. Thailand imports Tungsten primarily from: China ($4.33M), Japan ($2.47M), Singapore ($1.81M), Malaysia ($1.06M), and United States ($249k).

The fastest growing import markets in Tungsten for Thailand between 2022 and 2023 were Malaysia ($900k), Indonesia ($175k), and United States ($157k).

Latest Trends

Jan 2025

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 (2023)$10.2M
IMPORTS (2023)$10.9M
NET TRADE (2023)-$757k

In 2023, Thailand exported $10.2M in Tungsten. The main destinations of Thailand exports on Tungsten were Germany ($3.33M), Japan ($3.09M), Singapore ($1.08M), United States ($942k), and Chinese Taipei ($368k).

In 2023, Thailand imported $10.9M in Tungsten, mainly from China ($4.33M), Japan ($2.47M), Singapore ($1.81M), Malaysia ($1.06M), and United States ($249k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tungsten EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Singapore$1.03M (2.15k%)
United States$640k (211%)
Japan$522k (20.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten BY Thailand WERE (2022 - 2023):
Germany-$1.45M (-30.3%)
Belgium-$1.29M (-88.2%)
Chinese Taipei-$233k (-38.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Tungsten were:
In 2023, 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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