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Pricing

2022
Flag → Flag
Exports $350MRnk 42 / 168
2022
Flag → Flag
Top Product $117MTanned Equine and Bovine Hides
2022
Flag → Flag
Exports $1.69BRnk 32 / 218
2022
Flag → Flag
Top Product $337MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

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.

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.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). 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, 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 2017 to $350M in 2022.

In 2017, 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 2022 to $1.69B in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Thailand (Flag)

Argentina Exports

Thailand Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Thailand
Top DestinationUnited States$53.4B

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

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

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

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

Comparative Advantage Argentina - Thailand

Flow
Scale

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

During 2022, Argentina had a large net trade with Thailand in the exports of Animal Products ($125M), Animal Hides ($117M), and Foodstuffs ($55.2M).

During 2017, Thailand had a large net trade with Argentina in the exports of Machines ($886M), Transportation ($380M), and Plastics and Rubbers ($153M).

Potential Exports

Potential Exports

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

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

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

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