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2022
Flag → Flag
Exports $6.97BRnk 6 / 219
2022
Flag → Flag
Top Product $12.9BCrude Petroleum
2022
Flag → Flag
Exports $3BRnk 21 / 218
2022
Flag → Flag
Top Product $598MCars
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

United Arab Emirates-Thailand Trade: In 2022, United Arab Emirates exported $6.97B to Thailand. The main products that United Arab Emirates exported to Thailand were Crude Petroleum ($12.9B), Refined Petroleum ($1.5B), and Petroleum Gas ($685M). Over the past 5 years the exports of United Arab Emirates to Thailand have increased at an annualized rate of 63.7%, from $593M in 2017 to $6.97B in 2022.

In 2022, United Arab Emirates did not export any services to Thailand.

Thailand-United Arab Emirates Trade: In 2022, Thailand exported $3B to United Arab Emirates. The main products that Thailand exported to United Arab Emirates were Cars ($598M), Air Conditioners ($315M), and Delivery Trucks ($275M). Over the past 5 years the exports of Thailand to United Arab Emirates have increased at an annualized rate of 24.6%,  from $1B in 2017 to $3B in 2022.

In 2022, Thailand did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $6.97B to Thailand. The main products exported from United Arab Emirates to Thailand were Crude Petroleum ($12.9B), Refined Petroleum ($1.5B), and Petroleum Gas ($685M). During the last 5 years the exports of United Arab Emirates to Thailand have increased at an annualized rate of 63.7%, from $593M in 2017 to $6.97B in 2022.

In 2017, Thailand exported $3B to United Arab Emirates. The main products exported from Thailand to United Arab Emirates were Cars ($598M), Air Conditioners ($315M), and Delivery Trucks ($275M). During the last 22 years the exports of Thailand to United Arab Emirates have increased at an annualized rate of 24.6%, from $1B in 1995 to $3B in 2017.

Exports from United Arab Emirates (Flag) to Thailand (Flag) (2022)

Exports from Thailand (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

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

United Arab Emirates Exports

Thailand Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Thailand
Top DestinationUnited States$53.4B

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 2022, countries that imported more from United Arab Emirates than Thailand included India ($51B), Saudi Arabia ($27.8B), and Iraq ($21.2B).

In 2022, countries that imported more from Thailand than United Arab Emirates included United States ($53.4B), Vietnam ($13.4B), and Australia ($12.6B).

Difference in imports from Thailand (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Thailand in the exports of Mineral Products ($15.1B), Metals ($456M), and Precious Metals ($373M).

During 2017, Thailand had a large net trade with United Arab Emirates in the exports of Machines ($1.27B), Transportation ($1B), and Precious Metals ($312M).

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) (2022)

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