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2022
Flag → Flag
Exports $5.33BRnk 16 / 218
2022
Flag → Flag
Top Product $1.17BOffice Machine Parts
2022
Flag → Flag
Exports $1.35BRnk 46 / 224
2022
Flag → Flag
Top Product $286MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Thailand-Netherlands Trade: In 2022, Thailand exported $5.33B to Netherlands. The main products that Thailand exported to Netherlands were Office Machine Parts ($1.17B), Broadcasting Equipment ($393M), and Video Recording Equipment ($263M). Over the past 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 3.38%, from $4.51B in 2017 to $5.33B in 2022.

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

Netherlands-Thailand Trade: In 2022, Netherlands exported $1.35B to Thailand. The main products that Netherlands exported to Thailand were Integrated Circuits ($286M), Broadcasting Equipment ($33.1M), and Vaccines, blood, antisera, toxins and cultures ($30.2M). Over the past 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 1.41%,  from $1.19B in 2017 to $1.35B in 2022.

In 2020, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) being the largest in terms of value.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $5.33B to Netherlands. The main products exported from Thailand to Netherlands were Office Machine Parts ($1.17B), Broadcasting Equipment ($393M), and Video Recording Equipment ($263M). During the last 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 3.38%, from $4.51B in 2017 to $5.33B in 2022.

In 2017, Netherlands exported $1.35B to Thailand. The main products exported from Netherlands to Thailand were Integrated Circuits ($286M), Broadcasting Equipment ($33.1M), and Vaccines, blood, antisera, toxins and cultures ($30.2M). During the last 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 1.41%, from $1.19B in 2022 to $1.35B in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Netherlands (Flag)

Thailand Exports

Netherlands Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Thailand than Netherlands included China ($35.3B), United States ($53.4B), and Japan ($24.6B).

In 2022, countries that imported more from Netherlands than Thailand included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Thailand - Netherlands

Flow
Scale

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

During 2022, Thailand had a large net trade with Netherlands in the exports of Machines ($2.97B), Foodstuffs ($529M), and Instruments ($433M).

During 2017, Netherlands had a large net trade with Thailand in the exports of Machines ($544M), Chemical Products ($225M), and Foodstuffs ($104M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Netherlands+$240MComputers
Top Product Potential Netherlands Thailand+$39.1MIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Thailand (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Thailand and Netherlands. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Thailand.

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

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