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Pricing

2022
Flag → Flag
Exports $2.21BRnk 28 / 218
2022
Flag → Flag
Top Product $381MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $3.58BRnk 24 / 223
2022
Flag → Flag
Top Product $1.67BSoybeans
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Thailand-Brazil Trade: In 2022, Thailand exported $2.21B to Brazil. The main products that Thailand exported to Brazil were Motor vehicles; parts and accessories (8701 to 8705) ($381M), Rubber ($189M), and Engine Parts ($95.6M). Over the past 5 years the exports of Thailand to Brazil have increased at an annualized rate of 7.74%, from $1.53B in 2017 to $2.21B in 2022.

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

Brazil-Thailand Trade: In 2022, Brazil exported $3.58B to Thailand. The main products that Brazil exported to Thailand were Soybeans ($1.67B), Soybean Meal ($1.33B), and Hydrogen ($53.8M). Over the past 5 years the exports of Brazil to Thailand have increased at an annualized rate of 14.3%,  from $1.84B in 2017 to $3.58B in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Latest Data

Trade between Thailand (Flag) and Brazil (Flag)

Thailand Exports

Brazil Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Thailand than Brazil included Japan ($24.6B), United States ($53.4B), and Australia ($12.6B).

In 2022, countries that imported more from Brazil than Thailand included China ($90.1B), Argentina ($15.4B), and Spain ($9.78B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Thailand Brazil+$98.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Brazil Thailand+$112MCrude Petroleum

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

Product Space of Thailand (Flag) and Brazil (Flag) (NaN)

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