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2023
Flag → Flag
Exports $1.1BRnk 50 / 224
2023
Flag → Flag
Top Product $210MIntegrated Circuits
2023
Flag → Flag
Exports $4.5BRnk 20 / 216
2023
Flag → Flag
Top Product $866MOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Netherlands-Thailand Trade: In 2023, Netherlands exported $1.1B to Thailand. The main products that Netherlands exported to Thailand were Integrated Circuits ($210M), Vaccines, blood, antisera, toxins and cultures ($54.9M), and Tractors ($27.1M). Over the past 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 0.075%, from $1.1B in 2018 to $1.1B in 2023.

In 2020, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) being the largest in terms of value.

Thailand-Netherlands Trade: In 2023, Thailand exported $4.5B to Netherlands. The main products that Thailand exported to Netherlands were Office Machine Parts ($866M), Broadcasting Equipment ($314M), and Electrical Transformers ($227M). Over the past 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 0.47%,  from $4.23B in 2018 to $4.5B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €153M and imported €607M from Thailand, resulting in a negative trade balance of €454M. Between October 2023 and October 2024 the exports of Netherlands have increased by €17M (12.5%) from €136M to €153M, while imports increased by €232M (61.9%) from €375M to €607M.

Trade In October 2024, the top exports of Netherlands to Thailand were Undefined (€69M), Thermionic, cold cathode or photo-cathode valves... (€16M), Medicinal and pharmaceutical products, other than... (€9M), Medicaments (including veterinary medicaments) (€6M), and Feeding stuff for animals (not including... (€4M). In October 2024 the top imports of Netherlands from Thailand were Office machines (€79M), Undefined (€44M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€37M), Automatic data-processing machines and units thereof;... (€24M), and Meat and edible meat offal, prepared... (€20M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€17M(12.5%)
IMPORT GROWTH (October 2023 - October 2024)€232M(61.9%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Thailand and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Thailand and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $1.1B to Thailand. The main products exported from Netherlands to Thailand were Integrated Circuits ($210M), Vaccines, blood, antisera, toxins and cultures ($54.9M), and Tractors ($27.1M). During the last 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 0.075%, from $1.1B in 2018 to $1.1B in 2023.

In 2018, Thailand exported $4.5B to Netherlands. The main products exported from Thailand to Netherlands were Office Machine Parts ($866M), Broadcasting Equipment ($314M), and Electrical Transformers ($227M). During the last 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 0.47%, from $4.23B in 2023 to $4.5B in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Netherlands than Thailand included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Thailand

Flow
Scale

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

During 2023, Netherlands had a large net trade with Thailand in the exports of Machines ($396M), Chemical Products ($202M), and Foodstuffs ($99.8M).

During 2018, Thailand had a large net trade with Netherlands in the exports of Machines ($2.52B), Foodstuffs ($422M), and Instruments ($379M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Thailand+$39.1MIntegrated Circuits
Top Product Potential Thailand Netherlands+$240MComputers

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

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

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

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