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

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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.

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.

Comparison: In 2022, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $5.09M in 2022.

In 2017, 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 2022 to $43.8M in 2017.

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

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

Latest Data

Trade between Zimbabwe () and Thailand ()

Zimbabwe Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

Thailand
Top DestinationUnited States$53.4B

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

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

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

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

Comparative Advantage Zimbabwe - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Zimbabwe had a large net trade with Thailand in the exports of Textiles ($2.74M), Metals ($1.81M), and Animal Hides ($370k).

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Thailand+$1.02MFerroalloys

Top Product Potential Thailand Zimbabwe+$4.97MDelivery Trucks

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 Zimbabwe and Thailand. This means that a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Zimbabwe.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Zimbabwe () and Thailand ()

Zimbabwe Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Zimbabwe - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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