Thailand (THA) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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Thailand-Zimbabwe Trade: In 2022, Thailand exported $43.8M to Zimbabwe. The main products that Thailand exported to Zimbabwe were Rice ($24.3M), Delivery Trucks ($6.53M), and Pharmaceutical Rubber Products ($3.94M). Over the past 5 years the exports of Thailand to Zimbabwe have increased at an annualized rate of 3.54%, from $36.8M in 2017 to $43.8M in 2022.

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

Zimbabwe-Thailand Trade: In 2022, Zimbabwe exported $5.09M to Thailand. The main products that Zimbabwe exported to Thailand were Raw Cotton ($2.7M), Raw Nickel ($1.22M), and Ferroalloys ($586k). Over the past 5 years the exports of Zimbabwe to Thailand have increased at an annualized rate of 34.2%, from $1.17M in 2017 to $5.09M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $43.8M to Zimbabwe. The main products exported from Thailand to Zimbabwe were Rice ($24.3M), Delivery Trucks ($6.53M), and Pharmaceutical Rubber Products ($3.94M). During the last 5 years the exports of Thailand to Zimbabwe have increased at an annualized rate of 3.54%, from $36.8M in 2017 to $43.8M in 2022.

In 2017, Zimbabwe exported $5.09M to Thailand. The main products exported from Zimbabwe to Thailand were Raw Cotton ($2.7M), Raw Nickel ($1.22M), and Ferroalloys ($586k). During the last 5 years the exports of Zimbabwe to Thailand have increased at an annualized rate of 34.2%, from $1.17M in 2022 to $5.09M in 2017.

Exports from Thailand () to Zimbabwe () (2022)

Exports from Zimbabwe () to Thailand () (2022)

Latest Data

Trade between Thailand () and Zimbabwe ()

Thailand Exports

Date

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Thailand included United Arab Emirates ($4.78B), Zambia ($102M), and Lesotho ($67.2M).

Difference in imports from Zimbabwe () and Thailand () (2022)

Comparative Advantage Thailand - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Zimbabwe in the exports of Vegetable Products ($24.3M), Transportation ($7.74M), and Plastics and Rubbers ($6.84M).

During 2017, Zimbabwe had a large net trade with Thailand in the exports of Textiles ($2.74M), Metals ($1.81M), and Animal Hides ($370k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Zimbabwe+$4.97MDelivery Trucks

Top Product Potential Zimbabwe Thailand+$1.02MFerroalloys

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Zimbabwe () (2022)

Exports from Zimbabwe () to Thailand () (2022)

Latest Data

Trade between Thailand () and Zimbabwe ()

Thailand Exports

Zimbabwe Exports

Market Competitiveness

Difference in imports from Zimbabwe () and Thailand () (2022)

Comparative Advantage Thailand - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Thailand () and Zimbabwe () (2022)

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