2022
Exports
$779kWorld Rnk 45 / 89
Flag Rnk 985 / 1211
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$17.1MWorld Rnk 28 / 144
Flag Rnk 739 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $779k in Iron Reductions, making it the 45th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 985th most exported product in Thailand. The main destination of Iron Reductions exports from Thailand are: Australia ($399k), Japan ($163k), China ($161k), Laos ($31.7k), and Pakistan ($16.5k).

The fastest growing export markets for Iron Reductions of Thailand between 2021 and 2022 were Australia ($227k), Laos ($17.2k), and Maldives ($5.29k).

Imports In 2022, Thailand imported $17.1M in Iron Reductions, becoming the 28th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 739th most imported product in Thailand. Thailand imports Iron Reductions primarily from: China ($7.75M), Bahrain ($6.41M), India ($2.71M), Japan ($78.2k), and Denmark ($42k).

The fastest growing import markets in Iron Reductions for Thailand between 2021 and 2022 were China ($7.75M), India ($1.57M), and Japan ($77.5k).

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 Iron Reductions. 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)$779k
IMPORTS (2022)$17.1M
NET TRADE (2022)-$16.3M

In 2022, Thailand exported $779k in Iron Reductions. The main destinations of Thailand exports on Iron Reductions were Australia ($399k), Japan ($163k), China ($161k), Laos ($31.7k), and Pakistan ($16.5k).

In 2022, Thailand imported $17.1M in Iron Reductions, mainly from China ($7.75M), Bahrain ($6.41M), India ($2.71M), Japan ($78.2k), and Denmark ($42k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Australia$227k (132%)
Laos$17.2k (119%)
Maldives$5.29k (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Thailand WERE (2021 - 2022):
Germany-$40.5k (-97.6%)
Japan-$19.2k (-10.5%)
Canada-$12.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALIndia+ $1.17M

Iron Reductions’s highest export potential is N/A. With an export gap of N/A.   Iron Reductions’s highest import potential is India with an import gap of $1.17M.

See methodology.

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