2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186

About

Thailand-Burundi Trade: In 2022, Thailand exported $4.59M to Burundi. The main products that Thailand exported to Burundi were Bedspreads ($649k), Uncoated Paper ($573k), and Other Construction Vehicles ($548k). Over the past 5 years the exports of Thailand to Burundi have increased at an annualized rate of 11.6%, from $2.65M in 2017 to $4.59M in 2022.

In 2022, Thailand did not export any services to Burundi.

Burundi-Thailand Trade: In 2022, Burundi exported $4.07M to Thailand. The main products that Burundi exported to Thailand were Tin Ores ($3.67M), Niobium, Tantalum, Vanadium and Zirconium Ore ($397k), and Valves ($767). Over the past 5 years the exports of Burundi to Thailand have increased at an annualized rate of 3.98%,  from $2.01M in 2017 to $4.07M in 2022.

In 2022, Burundi did not export any services to Thailand.

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $4.59M to Burundi. The main products exported from Thailand to Burundi were Bedspreads ($649k), Uncoated Paper ($573k), and Other Construction Vehicles ($548k). During the last 5 years the exports of Thailand to Burundi have increased at an annualized rate of 11.6%, from $2.65M in 2017 to $4.59M in 2022.

In 2017, Burundi exported $4.07M to Thailand. The main products exported from Burundi to Thailand were Tin Ores ($3.67M), Niobium, Tantalum, Vanadium and Zirconium Ore ($397k), and Valves ($767). During the last 5 years the exports of Burundi to Thailand have increased at an annualized rate of 3.98%, from $2.01M in 2022 to $4.07M in 2017.

Exports from Thailand (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Burundi (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Burundi
Top Destination
United Arab Emirates$59.9M

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

In 2022, countries that imported more from Thailand than Burundi included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Burundi than Thailand included North Korea ($49.3k).

Difference in imports from Burundi (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Burundi

Flow
Scale

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

During 2022, Thailand had a large net trade with Burundi in the exports of Machines ($1.01M), Textiles ($722k), and Paper Goods ($573k).

During 2017, Burundi had a large net trade with Thailand in the exports of Mineral Products ($4.07M), Machines ($1.31k), and Plastics and Rubbers ($188).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Burundi+$732kCars
Top Product Potential Burundi Thailand+$575kNiobium, Tantalum, Vanadium and Zirconium Ore

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 Thailand and Burundi. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Thailand.

Product Space of Thailand (Flag) and Burundi (Flag) (2022)

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