2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Thailand-China Trade: In 2022, Thailand exported $35.3B to China. The main products that Thailand exported to China were Other Fruits ($3.49B), Synthetic Rubber ($2.69B), and Office Machine Parts ($2.47B). Over the past 5 years the exports of Thailand to China have increased at an annualized rate of 3.14%, from $30.2B in 2017 to $35.3B in 2022.

In 2020, Thailand exported services to China worth $2.93B, with Travel ($2.45B), Other business services ($310M), and Transportation ($133M) being the largest in terms of value.

China-Thailand Trade: In 2022, China exported $76.3B to Thailand. The main products that China exported to Thailand were Broadcasting Equipment ($3.83B), Integrated Circuits ($1.85B), and Computers ($1.84B). Over the past 5 years the exports of China to Thailand have increased at an annualized rate of 12.9%,  from $41.7B in 2017 to $76.3B in 2022.

In 2022, China did not export any services to Thailand.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $35.3B to China. The main products exported from Thailand to China were Other Fruits ($3.49B), Synthetic Rubber ($2.69B), and Office Machine Parts ($2.47B). During the last 5 years the exports of Thailand to China have increased at an annualized rate of 3.14%, from $30.2B in 2017 to $35.3B in 2022.

In 2017, China exported $76.3B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($3.83B), Integrated Circuits ($1.85B), and Computers ($1.84B). During the last 5 years the exports of China to Thailand have increased at an annualized rate of 12.9%, from $41.7B in 2022 to $76.3B in 2017.

Exports from Thailand (Flag) to China (Flag) (2022)

Exports from China (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and China (Flag)

Thailand Exports

China Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
China
Top Destination
United States$551B

This map shows whether countries import more from Thailand or China. Each country is colored based on the difference in imports they receive from Thailand and China or the difference in the growth in imports.

In 2022, countries that imported more from Thailand than China included Laos ($4.5B), Guam ($11.2M), and American Samoa ($2.27M).

In 2022, countries that imported more from China than Thailand included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - China

Flow
Scale

This chart compares trade between Thailand and China by product, considering products traded by both, Thailand and China.

During 2022, Thailand had a large net trade with China in the exports of Plastics and Rubbers ($8.34B), Vegetable Products ($8.04B), and Machines ($7.38B).

During 2017, China had a large net trade with Thailand in the exports of Machines ($30B), Metals ($11.2B), and Chemical Products ($7.02B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand China+$1.57BIntegrated Circuits
Top Product Potential China Thailand+$901MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Thailand and China. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Thailand.

Product Space of Thailand (Flag) and China (Flag) (2022)

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