Reference
·Supporting source
Thailand Machinery and Equipment Import Value
~USD 20–25B/yr
Thailand imports USD 20–25 billion worth of machinery and industrial equipment annually (HS 84–85), making it one of ASEAN's largest machinery-importing economies. The bulk flows into automotive, electronics, food processing, and EEC-designated advanced-manufacturing sectors. Japan, China, and Germany are the top three supplier countries. BOI investment promotion incentives — including import-duty exemptions on machinery for qualifying promoted projects — significantly influence import timing and volumes; BOI approved-project machinery lists are a leading indicator for capital-goods import flows. The Department of Foreign Trade and Bank of Thailand track machinery imports monthly.
Figure in context
Thailand imports USD 20–25 billion worth of machinery and industrial equipment annually (HS 84–85), making it one of ASEAN's largest machinery-importing economies. The bulk flows into automotive, electronics, food processing, and EEC-designated advanced-manufacturing sectors. Japan, China, and Germany are the top three supplier countries. BOI investment promotion incentives — including import-duty exemptions on machinery for qualifying promoted projects — significantly influence import timing and volumes; BOI approved-project machinery lists are a leading indicator for capital-goods import flows. The Department of Foreign Trade and Bank of Thailand track machinery imports monthly.
Thailand imports USD 20–25 billion worth of machinery and industrial equipment annually (HS 84–85), making it one of ASEAN's largest machinery-importing economies. The bulk flows into automotive, electronics, food processing, and EEC-designated advanced-manufacturing sectors. Japan, China, and Germany are the top three supplier countries. BOI investment promotion incentives — including import-duty exemptions on machinery for qualifying promoted projects — significantly influence import timing and volumes; BOI approved-project machinery lists are a leading indicator for capital-goods import flows. The Department of Foreign Trade and Bank of Thailand track machinery imports monthly.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand imports USD 20–25 billion worth of machinery and industrial equipment annually (HS 84–85), making it one of ASEAN's largest machinery-importing economies. The bulk flows into automotive, electronics, food processing, and EEC-designated advanced-manufacturing sectors. Japan, China, and Germany are the top three supplier countries. BOI investment promotion incentives — including import-duty exemptions on machinery for qualifying promoted projects — significantly influence import timing and volumes; BOI approved-project machinery lists are a leading indicator for capital-goods import flows. The Department of Foreign Trade and Bank of Thailand track machinery imports monthly.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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