Thailand / Spain

Thailand-Spain Trade: In 2023, Thailand exported $1.53B to Spain. The main products that Thailand exported to Spain were Air Conditioners ($189M), Office Machine Parts ($122M), and Jewellery ($111M). Over the past 5 years the exports of Thailand to Spain have increased at an annualized rate of 0.89%, from $1.47B in 2018 to $1.53B in 2023.

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

Spain-Thailand Trade: In 2023, Spain exported $787M to Thailand. The main products that Spain exported to Thailand were Packaged Medicaments ($69.9M), Planes, Helicopters, and/or Spacecraft ($32.9M), and Acyclic Hydrocarbons ($28.9M). Over the past 5 years the exports of Spain to Thailand have decreased at an annualized rate of 0.45%,  from $805M in 2018 to $787M in 2023.

In 2006, Spain exported services to Thailand worth $94.8M, with Services not allocated ($94.8M) being the largest in terms of value.

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).