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2022
Flag → Flag
Exports $1.2BRnk 36 / 218
2022
Flag → Flag
Top Product $141MOffice Machine Parts
2022
Flag → Flag
Exports $244MRnk 52 / 205
2022
Flag → Flag
Top Product $16.1MSteam Turbines
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Thailand-Czechia Trade: In 2022, Thailand exported $1.2B to Czechia. The main products that Thailand exported to Czechia were Office Machine Parts ($141M), Optical Fibers and optical fibre bundles ($67.4M), and Electrical Control Boards ($60.2M). Over the past 5 years the exports of Thailand to Czechia have increased at an annualized rate of 3.31%, from $1.02B in 2017 to $1.2B in 2022.

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

Czechia-Thailand Trade: In 2022, Czechia exported $244M to Thailand. The main products that Czechia exported to Thailand were Steam Turbines ($16.1M), Liquid Pumps ($12.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.86M). Over the past 5 years the exports of Czechia to Thailand have increased at an annualized rate of 3.57%,  from $204M in 2017 to $244M in 2022.

In 2019, Czechia exported services to Thailand worth $13.5M, with Transportation ($5.49M), Travel ($4.14M), and Other business services ($2.24M) being the largest in terms of value.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $1.2B to Czechia. The main products exported from Thailand to Czechia were Office Machine Parts ($141M), Optical Fibers and optical fibre bundles ($67.4M), and Electrical Control Boards ($60.2M). During the last 5 years the exports of Thailand to Czechia have increased at an annualized rate of 3.31%, from $1.02B in 2017 to $1.2B in 2022.

In 2017, Czechia exported $244M to Thailand. The main products exported from Czechia to Thailand were Steam Turbines ($16.1M), Liquid Pumps ($12.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.86M). During the last 5 years the exports of Czechia to Thailand have increased at an annualized rate of 3.57%, from $204M in 2022 to $244M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Czechia (Flag)

Thailand Exports

Czechia Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Czechia
Top DestinationGermany$75.3B

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

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

In 2022, countries that imported more from Czechia than Thailand included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Thailand - Czechia

Flow
Scale

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

During 2022, Thailand had a large net trade with Czechia in the exports of Machines ($746M), Instruments ($110M), and Transportation ($85.7M).

During 2017, Czechia had a large net trade with Thailand in the exports of Machines ($121M), Chemical Products ($20.1M), and Transportation ($17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Czechia+$85.1MComputers
Top Product Potential Czechia Thailand+$26.2MTelephones

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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Bilateral Service Trade

In 2019, Czechia exported services to Thailand worth $13.5M, with Transportation ($5.49M), Travel ($4.14M), and Other business services ($2.24M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Thailand (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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