2023
Flag  
GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC 
$67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Macau-Thailand Trade: In 2023, Macau exported $7.52M to Thailand. The main products that Macau exported to Thailand were Copper Foil ($3.07M), Copper Plating ($2.17M), and Other Electrical Machinery ($708k). Over the past 5 years the exports of Macau to Thailand have decreased at an annualized rate of 10.8%, from $13.3M in 2018 to $7.52M in 2023.

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

Thailand-Macau Trade: In 2023, Thailand exported $133M to Macau. The main products that Thailand exported to Macau were Non-Knit Women's Suits ($17.9M), Semiconductor Devices ($14.5M), and LCDs ($9.04M). Over the past 5 years the exports of Thailand to Macau have increased at an annualized rate of 7.68%,  from $91.7M in 2018 to $133M in 2023.

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

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Macau exported $7.52M to Thailand. The main products exported from Macau to Thailand were Copper Foil ($3.07M), Copper Plating ($2.17M), and Other Electrical Machinery ($708k). During the last 5 years the exports of Macau to Thailand have decreased at an annualized rate of 10.8%, from $13.3M in 2018 to $7.52M in 2023.

In 2018, Thailand exported $133M to Macau. The main products exported from Thailand to Macau were Non-Knit Women's Suits ($17.9M), Semiconductor Devices ($14.5M), and LCDs ($9.04M). During the last 5 years the exports of Thailand to Macau have increased at an annualized rate of 7.68%, from $91.7M in 2023 to $133M in 2018.

Exports from Macau (Flag) to Thailand (Flag) (2023)

Exports from Thailand (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and Thailand (Flag)

Macau Exports

Thailand Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.4B
Thailand
Top Destination
United States$58.5B

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

In 2023, no countries were registered that imported more from Macau than from Thailand.

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

Difference in imports from Thailand (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Thailand

Flow
Scale

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

During 2023, Macau had a large net trade with Thailand in the exports of Metals ($5.25M), Machines ($1.19M), and Plastics and Rubbers ($788k).

During 2018, Thailand had a large net trade with Macau in the exports of Machines ($35.9M), Foodstuffs ($22.1M), and Textiles ($20.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Thailand (Flag) (2023)

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