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2023
Flag → Flag
Exports $300MRnk 41 / 168
2023
Flag → Flag
Top Product $104MTanned Equine and Bovine Hides
2023
Flag → Flag
Exports $1.81BRnk 31 / 216
2023
Flag → Flag
Top Product $491MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Argentina-Thailand Trade: In 2023, Argentina exported $300M to Thailand. The main products that Argentina exported to Thailand were Tanned Equine and Bovine Hides ($104M), Molluscs ($45.7M), and Crustaceans ($44.1M). Over the past 5 years the exports of Argentina to Thailand have decreased at an annualized rate of 13.9%, from $635M in 2018 to $300M in 2023.

In 2023, Argentina did not export any services to Thailand.

Thailand-Argentina Trade: In 2023, Thailand exported $1.81B to Argentina. The main products that Thailand exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($491M), Combustion Engines ($276M), and Engine Parts ($106M). Over the past 5 years the exports of Thailand to Argentina have increased at an annualized rate of 1.97%,  from $1.35B in 2018 to $1.81B in 2023.

In 2023, Thailand did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $300M to Thailand. The main products exported from Argentina to Thailand were Tanned Equine and Bovine Hides ($104M), Molluscs ($45.7M), and Crustaceans ($44.1M). During the last 5 years the exports of Argentina to Thailand have decreased at an annualized rate of 13.9%, from $635M in 2018 to $300M in 2023.

In 2018, Thailand exported $1.81B to Argentina. The main products exported from Thailand to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($491M), Combustion Engines ($276M), and Engine Parts ($106M). During the last 5 years the exports of Thailand to Argentina have increased at an annualized rate of 1.97%, from $1.35B in 2023 to $1.81B in 2018.

Exports from Argentina (Flag) to Thailand (Flag) (2023)

Exports from Thailand (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Thailand (Flag)

Argentina Exports

Thailand Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Argentina than Thailand included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Thailand than Argentina included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

Difference in imports from Thailand (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Thailand

Flow
Scale

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

During 2023, Argentina had a large net trade with Thailand in the exports of Animal Products ($117M), Animal Hides ($104M), and Foodstuffs ($36.5M).

During 2018, Thailand had a large net trade with Argentina in the exports of Machines ($840M), Transportation ($541M), and Plastics and Rubbers ($162M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Thailand+$22.9MSoybean Meal
Top Product Potential Thailand Argentina+$14.7MDelivery 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

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

Product Space of Argentina (Flag) and Thailand (Flag) (2023)

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