Overview In 2020, Thailand was the number 24 economy in the world in terms of GDP (current US$), the number 23 in total exports, the number 26 in total imports,
the number 85 economy in terms of GDP per capita (current US$) and the number 30 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Thailand are Office Machine Parts ($17.2B), Gold ($14.3B), Integrated Circuits ($9.17B), Cars ($8.28B), and Motor vehicles; parts and accessories (8701 to 8705) ($6.54B), exporting mostly to United States ($35.3B), China ($30.2B), Japan ($23.2B), Hong Kong ($11.8B), and Vietnam ($11.2B).
In 2020, Thailand was the world's biggest exporter of Rubber ($3.66B), Other Fruits ($2.86B), Other Prepared Meat ($2.67B), Starches ($1.16B), and Dextrins ($761M)
Imports The top imports of Thailand are Crude Petroleum ($15B), Integrated Circuits ($9.32B), Gold ($5.07B), Motor vehicles; parts and accessories (8701 to 8705) ($4.95B), and Broadcasting Equipment ($4.6B), importing mostly from China ($51B), Japan ($24.5B), United States ($11.3B), Malaysia ($10.5B), and Singapore ($9.32B).
In 2020, Thailand was the world's biggest importer of Steel Bars ($357M) and Carbon ($296M)
Location Thailand borders Burma, Cambodia, Laos, and Malaysia by land and India, Indonesia, and Vietnam by sea.