# Thailand HS 940540 exports | Yugalinks

Explore reported HS 940540 exports from Thailand: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Thailand |
| HS6 | 940540 |
| Latest exports | $142.6M |
| Active destinations | 125 |
| Three-year growth | +27% |
| Destination HHI | 6,457 |
| Weighted share | 2.1% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $114.3M; share 2.4%; growth +35.3%

## Price intelligence

- Highest reported market price: Serbia at $929.4K / ton.
- Lowest reported market price: Mozambique at $16.1 / ton.
- Median reported price: $29.8K / ton.
- Price spread: 3,115.9%.

## Export history

- 2010: $27.4M
- 2011: $30.4M
- 2012: $35.3M
- 2013: $39.4M
- 2014: $25.9M
- 2015: $25.5M
- 2016: $27.2M
- 2017: $35.0M
- 2018: $30.3M
- 2019: $43.3M
- 2020: $40.8M
- 2021: $69.5M
- 2022: $109.5M
- 2023: $116.3M
- 2024: $142.4M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/tha/940540",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940540",
    "exporter": "https://www.yugalinks.com/trade/exporter/tha/940540",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "940540",
    "exporter_iso3": "THA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 188,
    "current_lane_count": 125,
    "active_market_count": 125,
    "exports_latest_observed_lanes_usd": 142594914.32792896,
    "exports_current_2024_usd": 142414263.8013222,
    "exports_avg_3y_usd": 122758779.4684429,
    "exports_avg_5y_usd": 95706730.92315014,
    "exports_avg_10y_usd": 63980426.49121861,
    "exports_cagr_3y_pct": 27.024558203912985,
    "exports_cagr_5y_pct": 26.892534469280548,
    "exports_cagr_10y_pct": 18.592622483037815,
    "exports_all_year_lane_avg_usd": 33315748.101886947,
    "exports_historical_lane_peak_usd": 187484116.96741852,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 8.43193572087517,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 114290699.80774456,
    "top_market_share_pct": 80.15061430936274,
    "destination_hhi": 6457.0673935408595,
    "weighted_share_latest_pct": 2.0510864271926157,
    "weighted_share_change_1y_pp": 0.42699921737261476,
    "weighted_volatility_cv": 1.9109963145587825,
    "weighted_max_drawdown_pct": 89.30583517411903,
    "limited_history_lane_share_pct": 13.297872340425531,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:04",
    "source": "api",
    "product": {
      "hs_code": 940540,
      "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
      "hs_chapter": 94,
      "hs_heading": 9405,
      "substitution_elasticity": -3.9874959,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
    "hs_chapter": 94,
    "hs_heading": 9405,
    "destinations": [
      {
        "hs_code": 940540,
        "corridor_rank": 34,
        "exporter_iso3": "THA",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 114290699.80774456,
        "exports_all_year_avg_usd": 13349730.384826891,
        "exports_avg_3y_usd": 93909462.90382378,
        "exports_avg_5y_usd": 68800662.8335429,
        "exports_avg_10y_usd": 36678629.05063299,
        "exports_cagr_3y_pct": 35.34169927586424,
        "exports_cagr_5y_pct": 50.74897536128826,
        "exports_cagr_10y_pct": 42.44348651837184,
        "exports_historical_peak_usd": 114290699.80774456,
        "buyer_imports_latest_observed_usd": 4844285336.146009,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -7.101787242507605,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 1.1628,
        "buyer_yoy_all_avg_pct": 9.8922,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 2.359289180489755,
        "market_share_change_1y_pp": 0.5317017636864307,
        "peer_best_share_pct": 59.36444181197794,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 114,
        "buyer_market_hhi": 3727.54,
        "distance_km": 13943.3994140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023629779354080806,
        "tariff_advantage_pp": 0.036985947777434344,
        "volatility_cv": 2.1411513502613304,
        "max_drawdown_pct": 90.36159749531045,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "THA",
      "hs_code": 940540,
      "num_markets": 162,
      "highest_price_importer_iso3": "SRB",
      "highest_price_usd_per_ton": 929363.6363636365,
      "lowest_price_importer_iso3": "MOZ",
      "lowest_price_usd_per_ton": 16.095668643802423,
      "median_price_across_markets": 29825.726141078838,
      "price_spread_pct": 3115.9259502990158,
      "avg_quantity_metric_tons": 39.4398937908497,
      "total_trade_value_usd": 383996053
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 27422185.60377465,
        "active_destinations": 123,
        "yoy_growth_pct": 14.782337842058066
      },
      {
        "year": 2011,
        "export_value_usd": 30422042.684961695,
        "active_destinations": 126,
        "yoy_growth_pct": 10.939525844264281
      },
      {
        "year": 2012,
        "export_value_usd": 35316310.29801942,
        "active_destinations": 123,
        "yoy_growth_pct": 16.087899368693833
      },
      {
        "year": 2013,
        "export_value_usd": 39415057.766967714,
        "active_destinations": 125,
        "yoy_growth_pct": 11.605820184387044
      },
      {
        "year": 2014,
        "export_value_usd": 25880744.200446013,
        "active_destinations": 128,
        "yoy_growth_pct": -34.33792650144053
      },
      {
        "year": 2015,
        "export_value_usd": 25481551.732376777,
        "active_destinations": 125,
        "yoy_growth_pct": -1.542430406859619
      },
      {
        "year": 2016,
        "export_value_usd": 27216366.54015657,
        "active_destinations": 134,
        "yoy_growth_pct": 6.808120737700375
      },
      {
        "year": 2017,
        "export_value_usd": 34982587.09638213,
        "active_destinations": 135,
        "yoy_growth_pct": 28.535111565193105
      },
      {
        "year": 2018,
        "export_value_usd": 30301545.82029018,
        "active_destinations": 136,
        "yoy_growth_pct": -13.381060878073425
      },
      {
        "year": 2019,
        "export_value_usd": 43288559.10722976,
        "active_destinations": 124,
        "yoy_growth_pct": 42.85924343253591
      },
      {
        "year": 2020,
        "export_value_usd": 40772420.5223254,
        "active_destinations": 130,
        "yoy_growth_pct": -5.8124794097943004
      },
      {
        "year": 2021,
        "export_value_usd": 69484895.68809655,
        "active_destinations": 130,
        "yoy_growth_pct": 70.42131616897584
      },
      {
        "year": 2022,
        "export_value_usd": 109517785.75430664,
        "active_destinations": 128,
        "yoy_growth_pct": 57.6138017763019
      },
      {
        "year": 2023,
        "export_value_usd": 116344288.84969994,
        "active_destinations": 126,
        "yoy_growth_pct": 6.233236956331412
      },
      {
        "year": 2024,
        "export_value_usd": 142414263.8013222,
        "active_destinations": 125,
        "yoy_growth_pct": 22.407610385844464
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "THA",
      "exports_usd": 316458612225.3191,
      "imports_usd": 294570880160.14734,
      "trade_balance_usd": 21887732065.171753,
      "yoy_exports_growth_pct": 5.726307574868916,
      "yoy_imports_growth_pct": 4.577429002820077,
      "exports_cagr_3y_pct": 3.504245869099565,
      "imports_cagr_3y_pct": 4.338067103757526,
      "export_partner_hhi": 686.5812466252876,
      "export_product_hhi": 86.87573739752274,
      "momentum_score": 5.05968906313811,
      "risk_score": 3.8672849201140513,
      "gdp_million_usd": 526517.6588416838,
      "gdp_per_capita_usd": 7346.620221421852,
      "population": 71668011,
      "labor_force": 39001.28,
      "investment_rate_pct": 25.53,
      "savings_rate_pct": 30.71,
      "secondary_education_pct": 64.74,
      "tertiary_education_pct": 16.51,
      "total_factor_productivity": 624.29,
      "trade_openness_pct": 107.7358548698931,
      "exports_gdp_pct": 55.79753439712314,
      "num_active_partners": 270,
      "num_fta_partners": 19,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 9265.954732510289,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 7.037037037037037,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": 0.13091645019914364,
      "avg_mfn_tariff_pct": 0.13618033022805762,
      "avg_preferential_tariff_pct": 0.03961265687055532,
      "tariff_advantage_pp": 0.0965676733575023,
      "avg_distance_all_partners_km": 9441.493428220634,
      "num_border_partners": 100,
      "num_colonial_partners": 0,
      "avg_substitution_elasticity": -10.727776563638582,
      "pct_products_high_elasticity": 75.77537593984962,
      "pct_products_low_elasticity": 2.702067669172932,
      "real_market_potential": 202663.29086346712,
      "foreign_market_potential": 8699.24551448406
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "940540",
    "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
    "hs_chapter": 94,
    "hs_heading": 9405
  },
  "destinations": [
    {
      "hs_code": 940540,
      "corridor_rank": 34,
      "exporter_iso3": "THA",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 114290699.80774456,
      "exports_all_year_avg_usd": 13349730.384826891,
      "exports_avg_3y_usd": 93909462.90382378,
      "exports_avg_5y_usd": 68800662.8335429,
      "exports_avg_10y_usd": 36678629.05063299,
      "exports_cagr_3y_pct": 35.34169927586424,
      "exports_cagr_5y_pct": 50.74897536128826,
      "exports_cagr_10y_pct": 42.44348651837184,
      "exports_historical_peak_usd": 114290699.80774456,
      "buyer_imports_latest_observed_usd": 4844285336.146009,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -7.101787242507605,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 1.1628,
      "buyer_yoy_all_avg_pct": 9.8922,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 2.359289180489755,
      "market_share_change_1y_pp": 0.5317017636864307,
      "peer_best_share_pct": 59.36444181197794,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 114,
      "buyer_market_hhi": 3727.54,
      "distance_km": 13943.3994140625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023629779354080806,
      "tariff_advantage_pp": 0.036985947777434344,
      "volatility_cv": 2.1411513502613304,
      "max_drawdown_pct": 90.36159749531045,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "THA",
    "hs_code": 940540,
    "num_markets": 162,
    "highest_price_importer_iso3": "SRB",
    "highest_price_usd_per_ton": 929363.6363636365,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 16.095668643802423,
    "median_price_across_markets": 29825.726141078838,
    "price_spread_pct": 3115.9259502990158,
    "avg_quantity_metric_tons": 39.4398937908497,
    "total_trade_value_usd": 383996053
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 27422185.60377465,
      "active_destinations": 123,
      "yoy_growth_pct": 14.782337842058066
    },
    {
      "year": 2011,
      "export_value_usd": 30422042.684961695,
      "active_destinations": 126,
      "yoy_growth_pct": 10.939525844264281
    },
    {
      "year": 2012,
      "export_value_usd": 35316310.29801942,
      "active_destinations": 123,
      "yoy_growth_pct": 16.087899368693833
    },
    {
      "year": 2013,
      "export_value_usd": 39415057.766967714,
      "active_destinations": 125,
      "yoy_growth_pct": 11.605820184387044
    },
    {
      "year": 2014,
      "export_value_usd": 25880744.200446013,
      "active_destinations": 128,
      "yoy_growth_pct": -34.33792650144053
    },
    {
      "year": 2015,
      "export_value_usd": 25481551.732376777,
      "active_destinations": 125,
      "yoy_growth_pct": -1.542430406859619
    },
    {
      "year": 2016,
      "export_value_usd": 27216366.54015657,
      "active_destinations": 134,
      "yoy_growth_pct": 6.808120737700375
    },
    {
      "year": 2017,
      "export_value_usd": 34982587.09638213,
      "active_destinations": 135,
      "yoy_growth_pct": 28.535111565193105
    },
    {
      "year": 2018,
      "export_value_usd": 30301545.82029018,
      "active_destinations": 136,
      "yoy_growth_pct": -13.381060878073425
    },
    {
      "year": 2019,
      "export_value_usd": 43288559.10722976,
      "active_destinations": 124,
      "yoy_growth_pct": 42.85924343253591
    },
    {
      "year": 2020,
      "export_value_usd": 40772420.5223254,
      "active_destinations": 130,
      "yoy_growth_pct": -5.8124794097943004
    },
    {
      "year": 2021,
      "export_value_usd": 69484895.68809655,
      "active_destinations": 130,
      "yoy_growth_pct": 70.42131616897584
    },
    {
      "year": 2022,
      "export_value_usd": 109517785.75430664,
      "active_destinations": 128,
      "yoy_growth_pct": 57.6138017763019
    },
    {
      "year": 2023,
      "export_value_usd": 116344288.84969994,
      "active_destinations": 126,
      "yoy_growth_pct": 6.233236956331412
    },
    {
      "year": 2024,
      "export_value_usd": 142414263.8013222,
      "active_destinations": 125,
      "yoy_growth_pct": 22.407610385844464
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "THA",
    "exports_usd": 316458612225.3191,
    "imports_usd": 294570880160.14734,
    "trade_balance_usd": 21887732065.171753,
    "yoy_exports_growth_pct": 5.726307574868916,
    "yoy_imports_growth_pct": 4.577429002820077,
    "exports_cagr_3y_pct": 3.504245869099565,
    "imports_cagr_3y_pct": 4.338067103757526,
    "export_partner_hhi": 686.5812466252876,
    "export_product_hhi": 86.87573739752274,
    "momentum_score": 5.05968906313811,
    "risk_score": 3.8672849201140513,
    "gdp_million_usd": 526517.6588416838,
    "gdp_per_capita_usd": 7346.620221421852,
    "population": 71668011,
    "labor_force": 39001.28,
    "investment_rate_pct": 25.53,
    "savings_rate_pct": 30.71,
    "secondary_education_pct": 64.74,
    "tertiary_education_pct": 16.51,
    "total_factor_productivity": 624.29,
    "trade_openness_pct": 107.7358548698931,
    "exports_gdp_pct": 55.79753439712314,
    "num_active_partners": 270,
    "num_fta_partners": 19,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 5,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 9265.954732510289,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 7.037037037037037,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 1.8518518518518516,
    "avg_applied_tariff_pct": 0.13091645019914364,
    "avg_mfn_tariff_pct": 0.13618033022805762,
    "avg_preferential_tariff_pct": 0.03961265687055532,
    "tariff_advantage_pp": 0.0965676733575023,
    "avg_distance_all_partners_km": 9441.493428220634,
    "num_border_partners": 100,
    "num_colonial_partners": 0,
    "avg_substitution_elasticity": -10.727776563638582,
    "pct_products_high_elasticity": 75.77537593984962,
    "pct_products_low_elasticity": 2.702067669172932,
    "real_market_potential": 202663.29086346712,
    "foreign_market_potential": 8699.24551448406
  }
}
```