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2022
Flag → Flag
Exports $10.7BRnk 9 / 218
2022
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Top Product $1.11BPalm Oil
2022
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Exports $6.48BRnk 23 / 217
2022
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Top Product $1.35BDiamonds
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Thailand-India In 2022, Thailand exported $10.7B to India. The main products that Thailand exported to India are Palm Oil ($1.11B), Diamonds ($688M), and Polyacetals ($426M). During the last 27 years the exports of Thailand to India have increased at an annualized rate of 14.1%, from $306M in 1995 to $10.7B in 2022.

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

India-Thailand In 2022, India exported $6.48B to Thailand. The main products that India exported to Thailand were Diamonds ($1.35B), Combustion Engines ($639M), and Raw Aluminium ($252M). During the last 27 years the exports of India to Thailand have increased at an annualized rate of 9.08%, from $621M in 1995 to $6.48B in 2022.

In 2022, India 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, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $10.7B to India. The main products exported from Thailand to India were Palm Oil ($1.11B), Diamonds ($688M), and Polyacetals ($426M). During the last 27 years the exports of Thailand to India have increased at an annualized rate of 14.1%, from $306M in 1995 to $10.7B in 2022.

In 2022, India exported $6.48B to Thailand. The main products exported from India to Thailand were Diamonds ($1.35B), Combustion Engines ($639M), and Raw Aluminium ($252M). During the last 27 years the exports of India to Thailand have increased at an annualized rate of 9.08%, from $621M in 1995 to $6.48B in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and India (Flag)

Thailand Exports

India Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
India
Top DestinationUnited States$82.9B

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

In 2021, countries that imported more from Thailand than India were China ($35.3B), Japan ($24.6B), and Cambodia ($8.63B).

In 2021, countries that imported more from India than Thailand were United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

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

Comparative Advantage Thailand - India

Flow
Scale

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

During 2022, Thailand had a large net trade with India in the exports of Machines ($2.48B), Plastics and Rubbers ($1.74B), and Metals ($1.25B).

During 2022, India had a large net trade with Thailand in the exports of Precious Metals ($1.52B), Machines ($1.31B), and Metals ($817M).

Economic Complexity

Competitive Landscape

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

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

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