2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 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
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Thailand-Argentina Trade: In 2022, Thailand exported $1.69B to Argentina. The main products that Thailand exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($337M), Combustion Engines ($296M), and Engine Parts ($127M). Over the past 5 years the exports of Thailand to Argentina have increased at an annualized rate of 5.56%, from $1.29B in 2017 to $1.69B in 2022.

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

Argentina-Thailand Trade: In 2022, Argentina exported $350M to Thailand. The main products that Argentina exported to Thailand were Tanned Equine and Bovine Hides ($117M), Molluscs ($54.9M), and Soybean Meal ($36.7M). Over the past 5 years the exports of Argentina to Thailand have decreased at an annualized rate of 8.15%,  from $536M in 2017 to $350M in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $1.69B to Argentina. The main products exported from Thailand to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($337M), Combustion Engines ($296M), and Engine Parts ($127M). During the last 5 years the exports of Thailand to Argentina have increased at an annualized rate of 5.56%, from $1.29B in 2017 to $1.69B in 2022.

In 2017, Argentina exported $350M to Thailand. The main products exported from Argentina to Thailand were Tanned Equine and Bovine Hides ($117M), Molluscs ($54.9M), and Soybean Meal ($36.7M). During the last 5 years the exports of Argentina to Thailand have decreased at an annualized rate of 8.15%, from $536M in 2022 to $350M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Argentina (Flag)

Thailand Exports

Argentina Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Thailand than Argentina included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Argentina than Thailand included Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

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

Comparative Advantage Thailand - Argentina

Flow
Scale

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

During 2022, Thailand had a large net trade with Argentina in the exports of Machines ($886M), Transportation ($380M), and Plastics and Rubbers ($153M).

During 2017, Argentina had a large net trade with Thailand in the exports of Animal Products ($125M), Animal Hides ($117M), and Foodstuffs ($55.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Argentina+$14.7MDelivery Trucks
Top Product Potential Argentina Thailand+$22.9MSoybean Meal

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 Argentina. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Thailand.

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

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