Contact Information
- Enforcement and Compliance
(202) 482-2105
ECGlobalSteelStats@trade.gov
Reports Archive
- Report Archive
- (Last Update: 05/11/2020)
Enhanced global steel trade monitoring
Steel Imports Report: Thailand
Background
Thailand was the world’s fourth-largest steel importer in 2018. In year-to-date 2019 (through June), further referred to as YTD 2019, Thailand imported 8.3 million metric tons of steel, a 10 percent increase from 7.5 million metric tons in YTD 2018. Thailand’s imports represented about 4 percent of all steel imported globally in 2017. The volume of Thailand’s 2018 steel imports was about 45 percent the size of the world’s largest importer, the United States. In value terms, steel represented 5.1 percent of the total goods imported into Thailand in 2018.
Thailand imports steel from over 75 countries and territories. The ten countries highlighted in the map below represent the top sources for Thailand’s imports of steel, with each sending more than 150 thousand metric tons to Thailand and together accounting for 96 percent of Thailand’s steel imports in 2018.
Thailand is a net importer of steel mill products. After a decline in imports between 2005 and early 2009, imports grew by 70 percent between 2009 and 2018. Over the same period, Thailand’s steel exports increased by 21 percent. Since 2005, Thailand has consistently had a trade deficit in steel. Thailand’s steel trade deficit grew by 14 percent from –6.5 million metric tons in YTD 2018 to –7.4 million metric tons in YTD 2019.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.