Flag Thailand / Indonesia Flag

2019
FlagFlag
Exports
: $8.75B, Rnk 8 / 217

2019
FlagFlag
Top Product
: $1.03B, Raw Sugar

2019
FlagFlag
Exports
: $6.53B, Rnk 9 / 211

2019
FlagFlag
Top Product
: $781M, Coal Briquettes

2019
Flag
Economic Complexity (ECI)
: ECI 1, Rnk 31 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 0.018, Rnk 68 / 146

2019
Flag  
GDP
: $544B, CURRENT US$
Rnk 22 / 187

2009-2019
Flag
GDP GROWTH
: 92.9%, CURRENT US$
Rnk 35 / 187

2019
Flag
 GDP
: $1.12T, CURRENT US$
Rnk 16 / 187

2009-2019
Flag
GDP GROWTH
: 107%, CURRENT US$
Rnk 28 / 187

2019
Flag
GDP PC 
: $7,807, CURRENT US$
Rnk 84 / 187

2009-2019
Flag
GDP PC GROWTH
: 85.3%, CURRENT US$
Rnk 22 / 187

2019
Flag
GDP PC
: $4,136, CURRENT US$
Rnk 117 / 187

2009-2019
Flag
GDP PC GROWTH
: 82.9%, CURRENT US$
Rnk 25 / 187

Thailand-Indonesia In 2019, Thailand exported $8.75B to Indonesia. The main products that Thailand exported to Indonesia are Raw Sugar ($1.03B), Vehicle Parts ($699M), and Cars ($323M). During the last 24 years the exports of Thailand to Indonesia have increased at an annualized rate of 10.3%, from $838M in 1995 to $8.75B in 2019.

In 2019, Thailand did not export any services to Indonesia.

Indonesia-Thailand In 2019, Indonesia exported $6.53B to Thailand . The main products that Indonesia exported to Thailand were Coal Briquettes ($781M), Crude Petroleum ($711M), and Cars ($442M). During the last 24 years the exports of Indonesia to Thailand have increased at an annualized rate of 8.96%, from $833M in 1995 to $6.53B in 2019.

In 2019, Indonesia did not export any services to Thailand.

Comparison In 2019,  Thailand ranked 31 in the Economic Complexity Index (ECI 1), and 23 in total exports ($249B). That same year, Indonesia ranked 68 in the Economic Complexity Index (ECI 0.018), and 30 in total exports ($186B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Thailand exported $8.75B to Indonesia. The main products exported from Thailand to Indonesia were Raw Sugar ($1.03B), Vehicle Parts ($699M), and Cars ($323M). During the last 24 years the exports of Thailand to Indonesia have increased at an annualized rate of 10.3%, from $838M in 1995 to $8.75B in 2019.

In 2019, Indonesia exported $6.53B to Thailand. The main products exported from Indonesia to Thailand were Coal Briquettes ($781M), Crude Petroleum ($711M), and Cars ($442M). During the last 24 years the exports of Indonesia to Thailand have increased at an annualized rate of 8.96%, from $833M in 1995 to $6.53B in 2019.

Thailand Exports

#permalink to section

Indonesia Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Thailand
Top Destination
: United States, $32.2B

Indonesia
Top Destination
: China, $28.6B

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

In 2019, countries that imported more from Thailand than Indonesia were United States ($32.2B), Hong Kong ($11.1B), and Japan ($23.8B).

In 2019, countries that imported more from Indonesia than Thailand were India ($13.6B), Singapore ($14.6B), and South Korea ($8.02B).

Comparative Advantage Thailand - Indonesia

#permalink to section
Depth

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

During 2019, Thailand had a large net trade with Indonesia in the exports of Machines ($2.04B), Transportation ($1.4B), and Plastics and Rubbers ($1.28B).

During 2019, Indonesia had a large net trade with Thailand in the exports of Mineral Products ($1.8B), Transportation ($1.25B), and Machines ($1.03B).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Thailand and Indonesia (using the HS6 product classification and the last year reported).

In 2015, the products from Thailand that paid the highest import tariffs to enter Indonesia were Flowers, cut: roses, flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh (5%) and Flowers, cut: carnations, flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh (5%).

In 2018, the products from Indonesia that paid the highest import tariffs to enter Thailand were Spirits obtained by distilling grape wine, grape marc (150%) and Whiskies (150%).

*The tariffs present between Thailand and Indonesia are:
1: AANZFTA ASEAN - Australia - New Zealand Free Trade Area
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Indonesia. Similarly, the more red a dot/product is, the more Indonesia has comparative advantage over Thailand.