Flag Thailand / Indonesia Flag

2020
FlagFlag
Exports
: $7.76B, Rnk 10 / 214

2020
FlagFlag
Top Product
: $1.45B, Planes, Helicopters, and/or Spacecraft

2020
FlagFlag
Exports
: $5.56B, Rnk 9 / 213

2020
FlagFlag
Top Product
: $751M, Coal Briquettes

2020
Flag
Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 127

2020
Flag
Economic Complexity (ECI)
: ECI -0.093, Rnk 64 / 127

2020
Flag  
GDP
: $502B, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP GROWTH
: 47.1%, CURRENT US$
Rnk 61 / 195

2020
Flag
 GDP
: $1.06T, CURRENT US$
Rnk 16 / 195

2010-2020
Flag
GDP GROWTH
: 40.2%, CURRENT US$
Rnk 76 / 195

2020
Flag
GDP PC 
: $7,187, CURRENT US$
Rnk 85 / 195

2010-2020
Flag
GDP PC GROWTH
: 41.6%, CURRENT US$
Rnk 39 / 195

2020
Flag
GDP PC
: $3,870, CURRENT US$
Rnk 121 / 195

2010-2020
Flag
GDP PC GROWTH
: 23.9%, CURRENT US$
Rnk 78 / 195

Thailand-Indonesia In 2020, Thailand exported $7.76B to Indonesia. The main products that Thailand exported to Indonesia are Planes, Helicopters, and/or Spacecraft ($1.45B), Raw Sugar ($625M), and Motor vehicles; parts and accessories (8701 to 8705) ($436M). During the last 25 years the exports of Thailand to Indonesia have increased at an annualized rate of 9.15%, from $869M in 1995 to $7.76B in 2020.

In 2020, Thailand did not export any services to Indonesia.

Indonesia-Thailand In 2020, Indonesia exported $5.56B to Thailand . The main products that Indonesia exported to Thailand were Coal Briquettes ($751M), Crude Petroleum ($560M), and Motor vehicles; parts and accessories (8701 to 8705) ($272M). During the last 25 years the exports of Indonesia to Thailand have increased at an annualized rate of 7.7%, from $870M in 1995 to $5.56B in 2020.

In 2020, Indonesia did not export any services to Thailand.

Comparison In 2020,  Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B). That same year, Indonesia ranked 64 in the Economic Complexity Index (ECI -0.093), and 28 in total exports ($178B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Thailand exported $7.76B to Indonesia. The main products exported from Thailand to Indonesia were Planes, Helicopters, and/or Spacecraft ($1.45B), Raw Sugar ($625M), and Motor vehicles; parts and accessories (8701 to 8705) ($436M). During the last 25 years the exports of Thailand to Indonesia have increased at an annualized rate of 9.15%, from $869M in 1995 to $7.76B in 2020.

In 2020, Indonesia exported $5.56B to Thailand. The main products exported from Indonesia to Thailand were Coal Briquettes ($751M), Crude Petroleum ($560M), and Motor vehicles; parts and accessories (8701 to 8705) ($272M). During the last 25 years the exports of Indonesia to Thailand have increased at an annualized rate of 7.7%, from $870M in 1995 to $5.56B in 2020.

Thailand Exports

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Indonesia Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $35.3B

Indonesia
Top Destination
: China, $32.6B

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 ($35.3B), Hong Kong ($11.8B), and Japan ($23.2B).

In 2019, countries that imported more from Indonesia than Thailand were India ($11B), South Korea ($7.21B), and China ($32.6B).

Comparative Advantage Thailand - Indonesia

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Flow

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

During 2020, Thailand had a large net trade with Indonesia in the exports of Transportation ($2.31B), Machines ($1.44B), and Plastics and Rubbers ($970M).

During 2020, Indonesia had a large net trade with Thailand in the exports of Mineral Products ($1.5B), Machines ($947M), and Transportation ($765M).

Economic Complexity

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Competitive Landscape

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