Flag Thailand / Australia Flag

2020
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Exports
: $10.4B, Rnk 7 / 214

2020
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Top Product
: $2.51B, Delivery Trucks

2020
FlagFlag
Exports
: $2.8B, Rnk 14 / 211

2020
FlagFlag
Top Product
: $451M, Crude Petroleum

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

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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GDP
: $502B, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP GROWTH
: 47.1%, CURRENT US$
Rnk 61 / 195

2020
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 GDP
: $1.33T, CURRENT US$
Rnk 13 / 195

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 128 / 195

2020
Flag
GDP PC 
: $7,187, CURRENT US$
Rnk 85 / 195

2010-2020
Flag
GDP PC GROWTH
: 41.6%, CURRENT US$
Rnk 39 / 195

2020
Flag
GDP PC
: $51,693, CURRENT US$
Rnk 14 / 195

2010-2020
Flag
GDP PC GROWTH
: -0.76%, CURRENT US$
Rnk 142 / 195

Thailand-Australia In 2020, Thailand exported $10.4B to Australia. The main products that Thailand exported to Australia are Delivery Trucks ($2.51B), Cars ($1.37B), and Gold ($1.06B). During the last 25 years the exports of Thailand to Australia have increased at an annualized rate of 10.6%, from $832M in 1995 to $10.4B in 2020.

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

Australia-Thailand In 2020, Australia exported $2.8B to Thailand. The main products that Australia exported to Thailand were Crude Petroleum ($451M), Petroleum Gas ($302M), and Coal Briquettes ($283M). During the last 25 years the exports of Australia to Thailand have increased at an annualized rate of 2.37%, from $1.56B in 1995 to $2.8B in 2020.

In 2009, Australia exported services to Thailand worth $790M, with Travel ($641M), Transportation ($114M), and Other business services ($23M) being the largest in terms of value.

Comparison In 2020,  Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B). That same year, Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Thailand exported $10.4B to Australia. The main products exported from Thailand to Australia were Delivery Trucks ($2.51B), Cars ($1.37B), and Gold ($1.06B). During the last 25 years the exports of Thailand to Australia have increased at an annualized rate of 10.6%, from $832M in 1995 to $10.4B in 2020.

In 2020, Australia exported $2.8B to Thailand. The main products exported from Australia to Thailand were Crude Petroleum ($451M), Petroleum Gas ($302M), and Coal Briquettes ($283M). During the last 25 years the exports of Australia to Thailand have increased at an annualized rate of 2.37%, from $1.56B in 1995 to $2.8B in 2020.

Thailand Exports

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Australia Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $35.3B

Australia
Top Destination
: China, $102B

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

In 2019, countries that imported more from Thailand than Australia were United States ($35.3B), Hong Kong ($11.8B), and Vietnam ($11.2B).

In 2019, countries that imported more from Australia than Thailand were China ($102B), South Korea ($17.2B), and Japan ($31.8B).

Comparative Advantage Thailand - Australia

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Flow

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

During 2020, Thailand had a large net trade with Australia in the exports of Transportation ($4.44B), Machines ($1.81B), and Precious Metals ($1.23B).

During 2020, Australia had a large net trade with Thailand in the exports of Mineral Products ($1.1B), Metals ($586M), and Vegetable Products ($372M).

Bilateral Service Trade

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In 2009, Australia exported services to Thailand worth $790M, with Travel ($641M), Transportation ($114M), and Other business services ($23M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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