Flag China / Thailand Flag

2020
FlagFlag
Exports
: $51B, Rnk 15 / 209

2020
FlagFlag
Top Product
: $3.15B, Broadcasting Equipment

2020
FlagFlag
Exports
: $30.2B, Rnk 2 / 214

2020
FlagFlag
Top Product
: $2.18B, Synthetic Rubber

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 127

2020
Flag  
GDP
: $14.7T, CURRENT US$
Rnk 2 / 204

2010-2020
Flag
GDP GROWTH
: 141%, CURRENT US$
Rnk 5 / 204

2020
Flag
 GDP
: $500B, CURRENT US$
Rnk 24 / 204

2010-2020
Flag
GDP GROWTH
: 46.5%, CURRENT US$
Rnk 61 / 204

2020
Flag
GDP PC 
: $10,409, CURRENT US$
Rnk 77 / 204

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 4 / 204

2020
Flag
GDP PC
: $7,159, CURRENT US$
Rnk 95 / 204

2010-2020
Flag
GDP PC GROWTH
: 41%, CURRENT US$
Rnk 41 / 204

China-Thailand In 2020, China exported $51B to Thailand. The main products that China exported to Thailand are Broadcasting Equipment ($3.15B), Computers ($1.49B), and Coated Flat-Rolled Iron ($1.25B). During the last 25 years the exports of China to Thailand have increased at an annualized rate of 13.4%, from $2.22B in 1995 to $51B in 2020.

In 2020, China did not export any services to Thailand.

Thailand-China In 2020, Thailand exported $30.2B to China. The main products that Thailand exported to China were Synthetic Rubber ($2.18B), Office Machine Parts ($2.09B), and Other Fruits ($2B). During the last 25 years the exports of Thailand to China have increased at an annualized rate of 11.9%, from $1.82B in 1995 to $30.2B in 2020.

In 2020, Thailand exported services to China worth $2.93B, with Travel ($2.45B), Other business services ($310M), and Transportation ($133M) being the largest in terms of value.

Comparison In 2020,  China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, China exported $51B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($3.15B), Computers ($1.49B), and Coated Flat-Rolled Iron ($1.25B). During the last 25 years the exports of China to Thailand have increased at an annualized rate of 13.4%, from $2.22B in 1995 to $51B in 2020.

In 2020, Thailand exported $30.2B to China. The main products exported from Thailand to China were Synthetic Rubber ($2.18B), Office Machine Parts ($2.09B), and Other Fruits ($2B). During the last 25 years the exports of Thailand to China have increased at an annualized rate of 11.9%, from $1.82B in 1995 to $30.2B in 2020.

Market Competitiveness

#permalink to section
Measure

China
Top Destination
: United States, $438B

Thailand
Top Destination
: United States, $35.3B

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 2019, countries that imported more from China than Thailand were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, countries that imported more from Thailand than China were Laos ($3.36B), Bhutan ($51.6M), and Guam ($9.38M).

Comparative Advantage China - Thailand

#permalink to section
Flow
Scale

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

During 2020, China had a large net trade with Thailand in the exports of Machines ($21.6B), Metals ($6.93B), and Chemical Products ($4.11B).

During 2020, Thailand had a large net trade with China in the exports of Plastics and Rubbers ($7.37B), Machines ($6.66B), and Vegetable Products ($4.74B).

Bilateral Service Trade

#permalink to section

In 2020, Thailand exported services to China worth $2.93B, with Travel ($2.45B), Other business services ($310M), and Transportation ($133M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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 China has comparative advantage over Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over China.