2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP
$506BCURRENT US$
Rnk 24 / 204
2011-2021
Flag
GDP GROWTH
36.3%CURRENT US$
Rnk 86 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC
$7,061CURRENT US$
Rnk 103 / 204
2011-2021
Flag
GDP PC GROWTH
30.8%CURRENT US$
Rnk 60 / 204

About

United States-Thailand In 2021, United States exported $12.2B to Thailand. The main products that United States exported to Thailand are Integrated Circuits ($955M), Crude Petroleum ($820M), and Motor vehicles; parts and accessories (8701 to 8705) ($542M). During the last 26 years the exports of United States to Thailand have increased at an annualized rate of 2.09%, from $7.15B in 1995 to $12.2B in 2021.

In 2017, United States exported services to Thailand worth $2.8B, with Travel ($738M), Financial services ($531M), and Royalties and license fees ($472M) being the largest in terms of value.

Thailand-United States In 2021, Thailand exported $45.3B to United States. The main products that Thailand exported to United States were Office Machine Parts ($6.69B), Broadcasting Equipment ($3.39B), and Rubber Tires ($3.18B). During the last 26 years the exports of Thailand to United States have increased at an annualized rate of 5.35%, from $11.7B in 1995 to $45.3B in 2021.

In 2020, Thailand exported services to United States worth $4.47B, with Other business services ($2.94B), Transportation ($756M), and Travel ($561M) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $12.2B to Thailand. The main products exported from United States to Thailand were Integrated Circuits ($955M), Crude Petroleum ($820M), and Motor vehicles; parts and accessories (8701 to 8705) ($542M). During the last 26 years the exports of United States to Thailand have increased at an annualized rate of 2.09%, from $7.15B in 1995 to $12.2B in 2021.

In 2021, Thailand exported $45.3B to United States. The main products exported from Thailand to United States were Office Machine Parts ($6.69B), Broadcasting Equipment ($3.39B), and Rubber Tires ($3.18B). During the last 26 years the exports of Thailand to United States have increased at an annualized rate of 5.35%, from $11.7B in 1995 to $45.3B in 2021.

Exports from United States (Flag) to Thailand (Flag) (2021)

Exports from Thailand (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Thailand
Top Destination
United States$45.3B

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

In 2021, countries that imported more from United States than Thailand were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Thailand than United States were Cambodia ($6.69B), Burma ($4.34B), and Laos ($4B).

Difference in imports from Thailand (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Thailand

Flow
Scale

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

During 2021, United States had a large net trade with Thailand in the exports of Machines ($3.33B), Chemical Products ($1.33B), and Mineral Products ($1.27B).

During 2021, Thailand had a large net trade with United States in the exports of Machines ($22.6B), Plastics and Rubbers ($6.63B), and Foodstuffs ($2.94B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Thailand worth $2.8B, with Travel ($738M), Financial services ($531M), and Royalties and license fees ($472M) being the largest in terms of value.

In 2020, Thailand exported services to United States worth $4.47B, with Other business services ($2.94B), Transportation ($756M), and Travel ($561M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Thailand (Flag) (2017)

Services Exports from Thailand (Flag) to United States (Flag) (2020)

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

Product Space of United States (Flag) and Thailand (Flag) (2021)

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