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Thailand import

Thailand Import Data

The Kingdom of Thailand is another name for Thailand. Thailand is located in the center of the Indochinese Peninsula in Southeast Asia. The nation is encircled by the Andaman Sea, Myanmar, Cambodia, Malaysia, Vietnam, and other nations. Thailand's economy is ranked among the 30 most complicated in the world according to the data. According to the Thailand import data, Thailand imported a total of $305 billion in 2022, with an increase of 13.9% from 2021. Thailand imported goods worth $291.98 billion in 2023. In today's interconnected world, trade plays a crucial role in the economic growth of countries. Thailand, known for its vibrant and diverse economy, heavily relies on imports to meet its domestic demands and support various industries. Thailand’s major imports in 2023 included - Electrical machinery and equipment ($58.90 billion), Mineral fuels and mineral oils ($55.17 billion), Nuclear reactors, machinery, and mechanical appliances: ($31.02 billion), Vehicles: ($14.79 billion), Natural or cultured pearls, precious stones, and metals ($13.55 billion). With the beginning of a new year, understanding Thailand's import data becomes essential for businesses, policymakers, and analysts. Let us gain insights into the comprehensive guide to Thailand import data, highlighting its importance and key insights.

Thailand Import Data | Thailand Customs Data

22

The country has been ranked 22nd in global imports, showing a significant position in the international trade landscape and import market.

1.12%

With a mere 1.12% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

PETROLEUM OIL AND CRUDE

Petroleum oil and crude are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 imports of Thailand

Thailand, known as a thriving economy in Southeast Asia, has a diverse range of imports that play a crucial role in its economic growth. The top 10 imports of Thailand include machinery, electrical equipment, vehicles, mineral fuels, pharmaceutical products, and gems and precious metals. The top 10 imports of Thailand in 2023, according to the import data are:

  • Electrical machinery and equipment: 20.17% ($58.90 billion)
  • Mineral fuels and mineral oils: 18.9% ($55.17 billion)
  • Nuclear reactors, machinery, and mechanical appliances: 10.62% ($31.02 billion)
  • Vehicles: 5.07% ($14.79 billion)
  • Natural or cultured pearls, precious stones, and metals: 4.64% ($13.55 billion)
  • Iron and steel: 4.16% ($12.13 billion)
  • Plastics and articles thereof: 3.37% ($9.84 billion)
  • Articles of iron or steel: 2.69% ($7.85 billion)
  • Optical, measuring, medical, or surgical instruments: 2.28% ($6.66 billion)
  • Miscellaneous chemical products: 2.02% ($5.88 billion)
    • Partners

    Top 10 Import Partners of Thailand

    Thailand's import partners are equally significant in sustaining its import market. This well-established network of import partners demonstrates Thailand's commitment to forging strong trade relationships and strategic collaborations with leading countries worldwide. Thailand’s top 10 Import Partners in 2023 include:

    Value In Percentage(%)

  • China: 24.3% ($71.08 billion)
  • Japan: 10.7% ($31.25 billion)
  • United States of America: 6.8% ($19.86 billion)
  • United Arab Emirates: 5.7% ($16.73 billion)
  • Taipei, Chinese: 5.7% ($16.67 billion)
  • Malaysia: 4.6% ($13.45 billion)
  • South Korea: 3% ($8.69 billion)
  • Indonesia: 2.9% ($8.45 billion)
  • Singapore: 2.8% ($8.22 billion)
  • Vietnam: 2.7% ($7.83 billion)
    • Sample Data

    What is Thailand Import Data?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Thailand import data refers to the collection of statistics and information on goods and services imported into the country. It encompasses various aspects, such as the type and quantity of imports, their origin, value, and customs duties. The data is carefully compiled by government agencies, including the Customs Department and the Ministry of Commerce, to monitor trade flows, assess market trends, and formulate effective economic policies. According to the Thailand import data in the customs database, Thailand imported a total of $305 billion in 2022, with an increase of 13.9% as compared to 2021. Thailand’s imports accounted for $291.98 billion in 2023 with a decrease of $13.02 million from the previous year. Thailand's customs ports, organizations, and other shipping firms provide trustworthy import data. Thailand import data includes several fields, such as HS codes, product descriptions, prices, quantities, and port names along with currency values.  

    Benefits

    Benefits of Thailand Import Data

  • Find out what Thailand's current product demand is.
  • Determine possible leads from the Thai market.
  • Monitor Your Rivals & surpass them in position.
  • Use a data-driven marketing approach.
  • Increase the visibility of your brand in the Thai market.
  • Aim for long-term business success and quadruple your revenue.
  • You’ll receive the name and address of the importer/exporter in our reports.

    • Frequently Asked Questions!!

    The collection of statistics and information on goods and services imported into the country.

    Thailand imported goods worth $291.98 billion in 2023.

    It increased by 13.9% in 2022 as compared to 2021.

    China, Japan, and the USA are the major import partners of Thailand in 2023.

    Thailand’s biggest import in 2023 is Electrical machinery and equipment worth 20.17% ($58.90 billion).

     

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