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2022
Flag → Flag
Exports $2.04BRnk 29 / 218
2022
Flag → Flag
Top Product $687MCars
2022
Flag → Flag
Exports $6.42BRnk 13 / 138
2022
Flag → Flag
Top Product $4.54BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Thailand-Saudi Arabia Trade: In 2022, Thailand exported $2.04B to Saudi Arabia. The main products that Thailand exported to Saudi Arabia were Cars ($687M), Delivery Trucks ($277M), and Wood Fiberboard ($188M). Over the past 5 years the exports of Thailand to Saudi Arabia have increased at an annualized rate of 0.13%, from $2.03B in 2017 to $2.04B in 2022.

In 2022, Thailand did not export any services to Saudi Arabia.

Saudi Arabia-Thailand Trade: In 2022, Saudi Arabia exported $6.42B to Thailand. The main products that Saudi Arabia exported to Thailand were Crude Petroleum ($4.54B), Nitrogenous Fertilizers ($458M), and Refined Petroleum ($385M). Over the past 5 years the exports of Saudi Arabia to Thailand have increased at an annualized rate of 3.41%,  from $5.43B in 2017 to $6.42B in 2022.

In 2022, Saudi Arabia did not export any services to Thailand.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $2.04B to Saudi Arabia. The main products exported from Thailand to Saudi Arabia were Cars ($687M), Delivery Trucks ($277M), and Wood Fiberboard ($188M). During the last 5 years the exports of Thailand to Saudi Arabia have increased at an annualized rate of 0.13%, from $2.03B in 2017 to $2.04B in 2022.

In 2017, Saudi Arabia exported $6.42B to Thailand. The main products exported from Saudi Arabia to Thailand were Crude Petroleum ($4.54B), Nitrogenous Fertilizers ($458M), and Refined Petroleum ($385M). During the last 5 years the exports of Saudi Arabia to Thailand have increased at an annualized rate of 3.41%, from $5.43B in 2022 to $6.42B in 2017.

Exports from Thailand (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Saudi Arabia (Flag)

Thailand Exports

Saudi Arabia Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Thailand than Saudi Arabia included United States ($53.4B), Australia ($12.6B), and Vietnam ($13.4B).

In 2022, countries that imported more from Saudi Arabia than Thailand included India ($46.2B), China ($68B), and South Korea ($36B).

Difference in imports from Saudi Arabia (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Saudi Arabia

Flow
Scale

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

During 2022, Thailand had a large net trade with Saudi Arabia in the exports of Transportation ($1.06B), Machines ($229M), and Wood Products ($190M).

During 2017, Saudi Arabia had a large net trade with Thailand in the exports of Mineral Products ($5.17B), Chemical Products ($769M), and Plastics and Rubbers ($273M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Saudi Arabia+$88.9MCars
Top Product Potential Saudi Arabia Thailand+$441MCrude Petroleum

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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Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Saudi Arabia (Flag) (2022)

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