2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

United Arab Emirates-Thailand Trade: In 2023, United Arab Emirates exported $15.8B to Thailand. The main products that United Arab Emirates exported to Thailand were Crude Petroleum ($13.8B), Refined Petroleum ($917M), and Raw Aluminium ($276M). Over the past 5 years the exports of United Arab Emirates to Thailand have increased at an annualized rate of 8.03%, from $10.8B in 2018 to $15.8B in 2023.

In 2023, United Arab Emirates did not export any services to Thailand.

Thailand-United Arab Emirates Trade: In 2023, Thailand exported $5.04B to United Arab Emirates. The main products that Thailand exported to United Arab Emirates were Cars ($1.06B), Delivery Trucks ($760M), and Jewellery ($364M). Over the past 5 years the exports of Thailand to United Arab Emirates have increased at an annualized rate of 8.26%,  from $3.39B in 2018 to $5.04B in 2023.

In 2023, Thailand did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $15.8B to Thailand. The main products exported from United Arab Emirates to Thailand were Crude Petroleum ($13.8B), Refined Petroleum ($917M), and Raw Aluminium ($276M). During the last 5 years the exports of United Arab Emirates to Thailand have increased at an annualized rate of 8.03%, from $10.8B in 2018 to $15.8B in 2023.

In 2018, Thailand exported $5.04B to United Arab Emirates. The main products exported from Thailand to United Arab Emirates were Cars ($1.06B), Delivery Trucks ($760M), and Jewellery ($364M). During the last 5 years the exports of Thailand to United Arab Emirates have increased at an annualized rate of 8.26%, from $3.39B in 2023 to $5.04B in 2018.

Exports from United Arab Emirates (Flag) to Thailand (Flag) (2023)

Exports from Thailand (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Thailand (Flag)

United Arab Emirates Exports

Thailand Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Thailand
Top Destination
United States$58.5B

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

In 2023, countries that imported more from United Arab Emirates than Thailand included India ($38.2B), Iraq ($22.6B), and Japan ($37.4B).

In 2023, countries that imported more from Thailand than United Arab Emirates included United States ($58.5B), Australia ($13.5B), and Vietnam ($11.2B).

Difference in imports from Thailand (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Thailand

Flow
Scale

This chart compares trade between United Arab Emirates and Thailand by product, considering products traded by both, United Arab Emirates and Thailand.

During 2023, United Arab Emirates had a large net trade with Thailand in the exports of Mineral Products ($14.9B), Metals ($406M), and Precious Metals ($253M).

During 2018, Thailand had a large net trade with United Arab Emirates in the exports of Transportation ($1.97B), Machines ($1.3B), and Precious Metals ($442M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Thailand+$464MPetroleum Gas
Top Product Potential Thailand United Arab Emirates+$117MTelephones

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

Product Space of United Arab Emirates (Flag) and Thailand (Flag) (2023)

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