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$495BCURRENT US$
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24.6%CURRENT US$
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$6,909CURRENT US$
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20.2%CURRENT US$
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$33,815CURRENT US$
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About

Thailand-Japan In 2022, Thailand exported $24.6B to Japan. The main products that Thailand exported to Japan are Other Prepared Meat ($1.58B), Motor vehicles; parts and accessories (8701 to 8705) ($831M), and Integrated Circuits ($770M). During the last 27 years the exports of Thailand to Japan have increased at an annualized rate of 3.33%, from $10.2B in 1995 to $24.6B in 2022.

In 2020, Thailand exported services to Japan worth $2.36B, with Other business services ($1.26B), Travel ($760M), and Transportation ($233M) being the largest in terms of value.

Japan-Thailand In 2022, Japan exported $30.8B to Thailand. The main products that Japan exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($2.51B), Hot-Rolled Iron ($1.57B), and Integrated Circuits ($1.34B). During the last 27 years the exports of Japan to Thailand have increased at an annualized rate of 1.53%, from $20.4B in 1995 to $30.8B in 2022.

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $24.6B to Japan. The main products exported from Thailand to Japan were Other Prepared Meat ($1.58B), Motor vehicles; parts and accessories (8701 to 8705) ($831M), and Integrated Circuits ($770M). During the last 27 years the exports of Thailand to Japan have increased at an annualized rate of 3.33%, from $10.2B in 1995 to $24.6B in 2022.

In 2022, Japan exported $30.8B to Thailand. The main products exported from Japan to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($2.51B), Hot-Rolled Iron ($1.57B), and Integrated Circuits ($1.34B). During the last 27 years the exports of Japan to Thailand have increased at an annualized rate of 1.53%, from $20.4B in 1995 to $30.8B in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and Japan (Flag)

Thailand Exports

Japan Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Japan
Top Destination
United States$137B

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

In 2021, countries that imported more from Thailand than Japan were Cambodia ($8.63B), Laos ($4.5B), and Burma ($4.7B).

In 2021, countries that imported more from Japan than Thailand were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Thailand - Japan

Flow
Scale

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

During 2022, Thailand had a large net trade with Japan in the exports of Machines ($8.49B), Foodstuffs ($3.24B), and Plastics and Rubbers ($2.57B).

During 2022, Japan had a large net trade with Thailand in the exports of Machines ($10.9B), Metals ($8.21B), and Transportation ($3.36B).

Service Trade

Bilateral Service Trade

In 2020, Thailand exported services to Japan worth $2.36B, with Other business services ($1.26B), Travel ($760M), and Transportation ($233M) being the largest in terms of value.

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Thailand (Flag) to Japan (Flag) (2020)

Services Exports from Japan (Flag) to Thailand (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Thailand.

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

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