Thailand (THA) and China (CHN) Trade | The Observatory of Economic Complexity

About

Thailand-China In 2022, Thailand exported $35.3B to China. The main products that Thailand exported to China are Other Fruits ($3.49B), Synthetic Rubber ($2.69B), and Office Machine Parts ($2.47B). During the last 27 years the exports of Thailand to China have increased at an annualized rate of 11.6%, from $1.82B in 1995 to $35.3B in 2022.

In 2020, Thailand exported services to China worth $2.93B, with Travel ($2.45B), Other business services ($310M), and Transportation ($133M) being the largest in terms of value.

China-Thailand In 2022, China exported $76.3B to Thailand. The main products that China exported to Thailand were Broadcasting Equipment ($3.83B), Integrated Circuits ($1.85B), and Computers ($1.84B). During the last 27 years the exports of China to Thailand have increased at an annualized rate of 14%, from $2.2B in 1995 to $76.3B in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $35.3B to China. The main products exported from Thailand to China were Other Fruits ($3.49B), Synthetic Rubber ($2.69B), and Office Machine Parts ($2.47B). During the last 27 years the exports of Thailand to China have increased at an annualized rate of 11.6%, from $1.82B in 1995 to $35.3B in 2022.

In 2022, China exported $76.3B to Thailand. The main products exported from China to Thailand were Broadcasting Equipment ($3.83B), Integrated Circuits ($1.85B), and Computers ($1.84B). During the last 27 years the exports of China to Thailand have increased at an annualized rate of 14%, from $2.2B in 1995 to $76.3B in 2022.

Exports from Thailand () to China () (2022)

Exports from China () to Thailand () (2022)

Latest Data

Trade between Thailand () and China ()

Thailand Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Thailand than China were Laos ($4.5B), Guam ($11.2M), and American Samoa ($2.27M).

In 2021, countries that imported more from China than Thailand were United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China () and Thailand () (2022)

Comparative Advantage Thailand - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with China in the exports of Plastics and Rubbers ($8.34B), Vegetable Products ($8.04B), and Machines ($7.38B).

During 2022, China had a large net trade with Thailand in the exports of Machines ($30B), Metals ($11.2B), and Chemical Products ($7.02B).

Service Trade

Bilateral Service Trade

Tha Year

In 2020, Thailand exported services to China worth $2.93B, with Travel ($2.45B), Other business services ($310M), and Transportation ($133M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Thailand () to China () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to China () (2022)

Exports from China () to Thailand () (2022)

Latest Data

Trade between Thailand () and China ()

Thailand Exports

China Exports

Market Competitiveness

Difference in imports from China () and Thailand () (2022)

Comparative Advantage Thailand - China

Service Trade

Bilateral Service Trade

Services Exports from Thailand () to China () (2020)

Economic Complexity

Competitive Landscape

Product Space of Thailand () and China () (2022)

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