Flag China / Thailand Flag

Exports Flag β†’ Flag  (2018): $45.6B, Rnk 15 / 206

Top Product Flag β†’ Flag (2018): $2.74B, Broadcasting Equipment

Exports Flag β†’ Flag (2018): $31B, Rnk 1 / 217

Top Product Flag β†’ Flag (2018): $2.32B, Office Machine Parts

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 0.93, Rnk 28 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $505B, CURRENT US$
Rnk 25 / 196

GDP GROWTH Flag (2008-2018): 73.3%, CURRENT US$
Rnk 51 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $7,274, CURRENT US$
Rnk 91 / 196

GDP PC GROWTH Flag (2008-2018): 66.1%, CURRENT US$
Rnk 31 / 196

China-Thailand: In 2018, China exported $45.6B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($2.74B), Computers ($1.24B), and Telephones ($1.06B). During the last 23 years the exports of China to Thailand have increased at an annualized rate of 13.9%, from $2.28B in 1995 to $45.6B in 2018.

Thailand-China: In 2018, Thailand exported $31B to China. The main products exported from Thailand to China were Office Machine Parts ($2.32B), Synthetic Rubber ($2.16B), and Rubber ($1.96B). During the last 23 years the exports of Thailand to China have increased at an annualized rate of 13.3%, from $1.74B in 1995 to $31B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Thailand ranked 28 in the Economic Complexity Index (ECI 0.93), and 22 in total exports ($262B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Thailand was ranked 91 with a GDP Per Capita of $7,274.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $45.6B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($2.74B), Computers ($1.24B), and Telephones ($1.06B). During the last 23 years the exports of China to Thailand have increased at an annualized rate of 13.9%, from $2.28B in 1995 to $45.6B in 2018.

In 2018, Thailand exported $31B to China. The main products exported from Thailand to China were Office Machine Parts ($2.32B), Synthetic Rubber ($2.16B), and Rubber ($1.96B). During the last 23 years the exports of Thailand to China have increased at an annualized rate of 13.3%, from $1.74B in 1995 to $31B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Thailand
Top Destination
: China, $31B

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

In 2018, countries that imported more from China than Thailand were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Thailand than China were Laos ($4.12B), Cambodia ($7.62B), and Bhutan ($39M).

Comparative Advantage China - Thailand

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Depth

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

During 2018, China had a large net trade with Thailand in the exports of Machines ($19.1B), Metals ($6.48B), and Chemical Products ($4.42B).

During 2018, Thailand had a large net trade with China in the exports of Plastics and Rubbers ($8.24B), Machines ($7.5B), and Vegetable Products ($3.28B).

Tariff Section

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This sections shows import tariffs for products traded between China and Thailand (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Thailand were Maize except seed corn (50%) and Wheat or meslin flour (50%).

In 2015, the products from Thailand that paid the highest import tariffs to enter China were Milk powder < 1.5% fat (216%) and Raw silk (not thrown) (216%).

Explore Tariff Data

*The tariffs present between China and Thailand are:
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Thailand. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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