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Where does Thailand get its steel? Import sources 2024

In 2024, Thailand imported $10.2 billion of steel (12.7 million tonnes), 2.9% of the world total. Its main sources were Japan (37%), China (34%) and South Korea (12%). Thailand was the world’s 12th-largest importer of steel.

Summary

Value
$10.2billion
Tonnes
12.7million tonnes
Share of world total
2.9%
World rank
12th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Japan3.7Tonnes: 4,134,456USD per tonne: $90536.5%Sea
China3.5Tonnes: 4,791,432USD per tonne: $72133.7%Sea
South Korea1.2Tonnes: 1,363,904USD per tonne: $90512.1%Sea
Taiwan0.43Tonnes: 390,097USD per tonne: $1,1014.2%Sea
Indonesia0.38Tonnes: 509,412USD per tonne: $7483.7%Sea
Malaysia0.23Tonnes: 403,089USD per tonne: $5582.2%Sea
Oman0.2Tonnes: 394,535USD per tonne: $5122%Sea
Vietnam0.15Tonnes: 160,542USD per tonne: $9141.4%Sea
India0.09Tonnes: 110,670USD per tonne: $7800.84%Sea
United Arab Emirates0.07Tonnes: 127,281USD per tonne: $5120.64%Sea
Iran0.06Tonnes: 135,695USD per tonne: $4760.63%Sea
Germany0.04Tonnes: 16,156USD per tonne: $2,3210.37%Sea
Russia0.03Tonnes: 56,707USD per tonne: $5220.29%Sea
Singapore re-exports0.02Tonnes: 19,095USD per tonne: $1,2430.23%Sea
United States0.02Tonnes: 6,422USD per tonne: $3,6160.23%Sea
South Africa0.01Tonnes: 25,320USD per tonne: $5680.14%Sea
Sweden0.01Tonnes: 3,186USD per tonne: $3,9060.12%Sea
Finland0.01Tonnes: 1,400USD per tonne: $7,8220.11%Sea
Italy0.01Tonnes: 2,036USD per tonne: $3,9390.08%Sea
Switzerland0.01Tonnes: 649USD per tonne: $10,9580.07%Sea

Trend

Who it buys from

Japan was its main source throughout the period

Value in USD billions. The five largest sources in 2024.

  • Japan 3.7
  • China 3.5
  • South Korea 1.2
  • Taiwan 0.43
  • Indonesia 0.38

Source: CEPII BACI

Show the numbers
Partner19952024
Japan1.83.7
China0.413.5
South Korea0.291.2
Taiwan0.120.43
Indonesia0.020.38

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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