Flag Thailand / Japan Flag

2019
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Exports
: $23.8B, Rnk 3 / 217

2019
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Top Product
: $1.63B, Other Prepared Meat

2019
FlagFlag
Exports
: $28.9B, Rnk 5 / 213

2019
FlagFlag
Top Product
: $2.7B, Vehicle Parts

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

2019
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Economic Complexity (ECI)
: ECI 2.2, Rnk 1 / 146

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

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

2019
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 GDP
: $5.08T, CURRENT US$
Rnk 3 / 187

2009-2019
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GDP GROWTH
: -2.86%, CURRENT US$
Rnk 175 / 187

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

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

2019
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GDP PC
: $40,247, CURRENT US$
Rnk 27 / 187

2009-2019
Flag
GDP PC GROWTH
: -1.49%, CURRENT US$
Rnk 165 / 187

Thailand-Japan In 2019, Thailand exported $23.8B to Japan. The main products that Thailand exported to Japan are Other Prepared Meat ($1.63B), Broadcasting Equipment ($941M), and Vehicle Parts ($900M). During the last 24 years the exports of Thailand to Japan have increased at an annualized rate of 3.85%, from $9.63B in 1995 to $23.8B in 2019.

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

Japan-Thailand In 2019, Japan exported $28.9B to Thailand . The main products that Japan exported to Thailand were Vehicle Parts ($2.7B), Integrated Circuits ($1.24B), and Hot-Rolled Iron ($1.04B). During the last 24 years the exports of Japan to Thailand have increased at an annualized rate of 1.58%, from $19.9B in 1995 to $28.9B in 2019.

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

Comparison In 2019,  Thailand ranked 31 in the Economic Complexity Index (ECI 1), and 23 in total exports ($249B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.2), and 4 in total exports ($696B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Thailand exported $23.8B to Japan. The main products exported from Thailand to Japan were Other Prepared Meat ($1.63B), Broadcasting Equipment ($941M), and Vehicle Parts ($900M). During the last 24 years the exports of Thailand to Japan have increased at an annualized rate of 3.85%, from $9.63B in 1995 to $23.8B in 2019.

In 2019, Japan exported $28.9B to Thailand. The main products exported from Japan to Thailand were Vehicle Parts ($2.7B), Integrated Circuits ($1.24B), and Hot-Rolled Iron ($1.04B). During the last 24 years the exports of Japan to Thailand have increased at an annualized rate of 1.58%, from $19.9B in 1995 to $28.9B in 2019.

Thailand Exports

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Market Competitiveness

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Measure

Thailand
Top Destination
: United States, $32.2B

Japan
Top Destination
: United States, $134B

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

In 2019, countries that imported more from Thailand than Japan were Cambodia ($6.96B), Laos ($3.8B), and Myanmar ($4.24B).

In 2019, countries that imported more from Japan than Thailand were United States ($134B), China ($128B), and South Korea ($44.9B).

Comparative Advantage Thailand - Japan

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Depth

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

During 2019, Thailand had a large net trade with Japan in the exports of Machines ($8.86B), Foodstuffs ($3.28B), and Plastics and Rubbers ($2.51B).

During 2019, Japan had a large net trade with Thailand in the exports of Machines ($11.6B), Metals ($6.23B), and Transportation ($3.53B).

Tariff Section

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

In 2015, the products from Thailand that paid the highest import tariffs to enter Japan were Milk powder < 1.5% fat (216%) and Raw silk (not thrown) (216%).

In 2018, the products from Japan that paid the highest import tariffs to enter Thailand were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

*The tariffs present between Thailand and Japan are:
52: ASEAN Japan Free Trade Area (ASEAN) Association of Southeast Asian Nations
136: Most Favoured Nation duty rate treatement
246: Preferential tariff for Japan

Bilateral Service Trade

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In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

Service trade data is presented based on availability.

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 red.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Thailand.