2022
Exports
$903MWorld Rnk 23 / 224
Flag Rnk 73 / 1211
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.37BWorld Rnk 23 / 224
Flag Rnk 38 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $903M in Valves, making it the 23rd largest exporter of Valves in the world. At the same year, Valves was the 73rd most exported product in Thailand. The main destination of Valves exports from Thailand are: Germany ($163M), United States ($114M), Japan ($96.7M), China ($69.5M), and Hungary ($54M).

The fastest growing export markets for Valves of Thailand between 2021 and 2022 were Egypt ($15.2M), Germany ($10.4M), and United Arab Emirates ($9.4M).

Imports In 2022, Thailand imported $1.37B in Valves, becoming the 23rd largest importer of Valves in the world. At the same year, Valves was the 38th most imported product in Thailand. Thailand imports Valves primarily from: China ($451M), Japan ($297M), United States ($122M), Italy ($79.9M), and Germany ($78.1M).

The fastest growing import markets in Valves for Thailand between 2021 and 2022 were United States ($35.8M), Italy ($31.1M), and China ($27.2M).

COMPANIES In 2023, leading companies such as Kubota (22), Nissan (2), and Tesla (2) were at the forefront of shipping Valves from Thailand to the United States.

Latest Trends

Oct 2024

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 Valves. 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)$903M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$464M

In 2022, Thailand exported $903M in Valves. The main destinations of Thailand exports on Valves were Germany ($163M), United States ($114M), Japan ($96.7M), China ($69.5M), and Hungary ($54M).

In 2022, Thailand imported $1.37B in Valves, mainly from China ($451M), Japan ($297M), United States ($122M), Italy ($79.9M), and Germany ($78.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Egypt$15.2M (795%)
Germany$10.4M (6.77%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Thailand WERE (2021 - 2022):
Vietnam-$12.6M (-22.8%)
Japan-$12.5M (-11.4%)
Burma-$8.55M (-45.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $80.8M
TOP IMPORT POTENTIALChina+ $115M

Valves’s highest export potential is United States. With an export gap of $80.8M.   Valves’s highest import potential is China with an import gap of $115M.

See methodology.

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