Kenya (KEN) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Kenya-Thailand Trade: In 2023, Kenya exported $26.8M to Thailand. The main products that Kenya exported to Thailand were Carbonates ($21.8M), Precious Stones ($2.57M), and Dried Legumes ($1.12M). Over the past 5 years the exports of Kenya to Thailand have decreased at an annualized rate of 17.5%, from $70.3M in 2018 to $26.8M in 2023.

In 2023, Kenya did not export any services to Thailand.

Thailand-Kenya Trade: In 2023, Thailand exported $161M to Kenya. The main products that Thailand exported to Kenya were Palm Oil ($15.4M), Raw Sugar ($14.6M), and Cars ($13.2M). Over the past 5 years the exports of Thailand to Kenya have decreased at an annualized rate of 7.37%, from $236M in 2018 to $161M in 2023.

In 2023, Thailand did not export any services to Kenya.

Comparison: In 2023, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kenya exported $26.8M to Thailand. The main products exported from Kenya to Thailand were Carbonates ($21.8M), Precious Stones ($2.57M), and Dried Legumes ($1.12M). During the last 5 years the exports of Kenya to Thailand have decreased at an annualized rate of 17.5%, from $70.3M in 2018 to $26.8M in 2023.

In 2018, Thailand exported $161M to Kenya. The main products exported from Thailand to Kenya were Palm Oil ($15.4M), Raw Sugar ($14.6M), and Cars ($13.2M). During the last 5 years the exports of Thailand to Kenya have decreased at an annualized rate of 7.37%, from $236M in 2023 to $161M in 2018.

Exports from Kenya () to Thailand () (2023)

Exports from Thailand () to Kenya () (2023)

Latest Data

Trade between Kenya () and Thailand ()

Kenya Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kenya
Top DestinationUganda$893M

Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Kenya than Thailand included Uganda ($893M), Rwanda ($302M), and Tanzania ($451M).

In 2023, countries that imported more from Thailand than Kenya included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

Difference in imports from Thailand () and Kenya () (2023)

Comparative Advantage Kenya - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kenya had a large net trade with Thailand in the exports of Chemical Products ($21.8M), Precious Metals ($2.58M), and Vegetable Products ($1.36M).

During 2018, Thailand had a large net trade with Kenya in the exports of Transportation ($33.5M), Plastics and Rubbers ($29.7M), and Foodstuffs ($18.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kenya Thailand+$789kTitanium Ore

Top Product Potential Thailand Kenya+$13.3MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Kenya and Thailand. This means that a dot/product with the flag of Kenya indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Kenya.

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Historical Data

Bilateral Trade by Products

Exports from Kenya () to Thailand () (2023)

Exports from Thailand () to Kenya () (2023)

Latest Data

Trade between Kenya () and Thailand ()

Kenya Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Kenya () (2023)

Comparative Advantage Kenya - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kenya () and Thailand () (2023)

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