T3 · Product exporter position

Thailand exports of Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof (HS 870894)

See where Thailand stands in vehicle parts: steering wheels, steering columns and steering boxes: parts thereof: export scale, destination breadth, market position, growth, and reported trade history.

Exporter THAHS6 870894Latest year 2024Declining

Latest exports

$476.4MLatest observed lane total

Destination markets

152Reported active markets

Three-year growth

-4.3%Annualized change

Destination HHI

880Destination concentration

Weighted share

16.6%Reported market position

Exporter evidence

How strong is Thailand in Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof?

Reported exporter totals and calculated indicators for HS 870894. Values retain their observed coverage period.

Exporter scale

Latest exports$476.4M
Current 2024 exports$476.3M
Three-year average$490.7M
Historical peak$825.5M

Market position

Active destinations152
Destination HHI880
Weighted share16.6%
Share change-0.2 pp

Competitiveness

Three-year growth-4.3%
Volatility1
Maximum drawdown80%
TrendDeclining
MeasureValueWhat it describes
ExporterThailandCountry represented by this profile
Latest observed exports$476.4MSum of latest observed destination-lane values
Current 2024 exports$476.3MCommon-year comparison where reported
Three-year growth-4.3%Annualized change in exporter totals
Five-year growth-3.1%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share15.3%Share of observed exporter totals
Destination concentration880HHI across destination markets
Weighted share change-0.2 ppValue-weighted latest change in market share
Limited-history lanes12%Share of lanes with shorter history

Destination markets

Where does Thailand sell vehicle parts: steering wheels, steering columns and steering boxes: parts thereof?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$72.8M1.4%-7.1%0% tariffAccelerating
Malaysia$68.9M34.3%+7%FTA reportedAccelerating
Indonesia$67.5M36%-5.1%FTA reportedGrowing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$72.8M
Market share
1.4%
Growth
-7.1%
Access
0% tariff
Signal
Accelerating

Destination

Malaysia

Latest exports
$68.9M
Market share
34.3%
Growth
+7%
Access
FTA reported
Signal
Accelerating

Destination

Indonesia

Latest exports
$67.5M
Market share
36%
Growth
-5.1%
Access
FTA reported
Signal
Growing

Price intelligence

How does Thailand's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

South Sudan: $932.0K / ton.

Lowest reported price

Liberia: $31.1 / ton.

Median price

$20.5K / ton across reported markets.

Export trend

Reported export history

Annual observations for Thailand and HS 870894 where available.

YearExportsYear-on-year changeActive destinations
2010$224.7M+60.9%130
2011$306.3M+36.3%136
2012$486.8M+58.9%135
2013$537.4M+10.4%142
2014$574.2M+6.8%145
2015$524.8M-8.6%144
2016$491.3M-6.4%143
2017$528.7M+7.6%142
2018$599.6M+13.4%146
2019$558.6M-6.8%146
2020$415.0M-25.7%150
2021$542.8M+30.8%151
2022$520.0M-4.2%155
2023$476.0M-8.5%150
2024$476.3M+0.1%152

Exporter context

Thailand economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 870894.

Thailand has reported exports of $316.5B and a trade balance of $21.9B in 2024.

Available structural indicators include 107.7% trade openness, 25.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Thailand vehicle parts: steering wheels, steering columns and steering boxes: parts thereof exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.