2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$506BCURRENT US$
Rnk 24 / 204
2011-2021
Flag
GDP GROWTH
36.3%CURRENT US$
Rnk 86 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$7,061CURRENT US$
Rnk 103 / 204
2011-2021
Flag
GDP PC GROWTH
30.8%CURRENT US$
Rnk 60 / 204

About

China-Thailand In 2021, China exported $69.6B to Thailand. The main products that China exported to Thailand are Broadcasting Equipment ($3.76B), Coated Flat-Rolled Iron ($1.86B), and Computers ($1.66B). During the last 26 years the exports of China to Thailand have increased at an annualized rate of 14.2%, from $2.2B in 1995 to $69.6B in 2021.

In 2021, China did not export any services to Thailand.

Thailand-China In 2021, Thailand exported $37.7B to China. The main products that Thailand exported to China were Other Fruits ($3.75B), Office Machine Parts ($2.66B), and Synthetic Rubber ($1.95B). During the last 26 years the exports of Thailand to China have increased at an annualized rate of 12.4%, from $1.82B in 1995 to $37.7B in 2021.

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 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $69.6B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($3.76B), Coated Flat-Rolled Iron ($1.86B), and Computers ($1.66B). During the last 26 years the exports of China to Thailand have increased at an annualized rate of 14.2%, from $2.2B in 1995 to $69.6B in 2021.

In 2021, Thailand exported $37.7B to China. The main products exported from Thailand to China were Other Fruits ($3.75B), Office Machine Parts ($2.66B), and Synthetic Rubber ($1.95B). During the last 26 years the exports of Thailand to China have increased at an annualized rate of 12.4%, from $1.82B in 1995 to $37.7B in 2021.

Exports from China (Flag) to Thailand (Flag) (2021)

Exports from Thailand (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
Thailand
Top Destination
United States$45.3B

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 2021, countries that imported more from China than Thailand were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Thailand than China were Laos ($4B), Guam ($7.95M), and Andorra ($9.02M).

Difference in imports from Thailand (Flag) and China (Flag) (2021)

Comparative Advantage China - Thailand

Flow
Scale

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

During 2021, China had a large net trade with Thailand in the exports of Machines ($28.4B), Metals ($10.3B), and Chemical Products ($6.96B).

During 2021, Thailand had a large net trade with China in the exports of Plastics and Rubbers ($8.35B), Vegetable Products ($8.01B), and Machines ($7.8B).

Service Trade

Bilateral Service Trade

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.

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

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

Product Space of China (Flag) and Thailand (Flag) (2021)

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