2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Australia-Thailand Trade: In 2022, Australia exported $7B to Thailand. The main products that Australia exported to Thailand were Petroleum Gas ($1.71B), Crude Petroleum ($1.33B), and Coal Briquettes ($559M). Over the past 5 years the exports of Australia to Thailand have increased at an annualized rate of 13.7%, from $3.69B in 2017 to $7B in 2022.

In 2009, Australia exported services to Thailand worth $790M, with Travel ($641M), Transportation ($114M), and Other business services ($23M) being the largest in terms of value.

Thailand-Australia In N/A, Thailand did not export any products to Australia.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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
Value

In 2022, Australia exported $7B to Thailand. The main products exported from Australia to Thailand were Petroleum Gas ($1.71B), Crude Petroleum ($1.33B), and Coal Briquettes ($559M). During the last 5 years the exports of Australia to Thailand have increased at an annualized rate of 13.7%, from $3.69B in 2017 to $7B in 2022.

Thailand does not register exports to Australia. The main products exported from Thailand to Australia were Delivery Trucks ($3.66B), Cars ($2.3B), and Air Conditioners ($752M).

Exports from Australia (Flag) to Thailand (Flag) (2022)

Exports from Thailand (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Thailand (Flag)

Australia Exports

Thailand Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Australia than Thailand included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Thailand than Australia included United States ($53.4B), Cambodia ($8.63B), and Hong Kong ($10.9B).

Difference in imports from Thailand (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Thailand

Flow
Scale

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

During 2022, Australia had a large net trade with Thailand in the exports of Mineral Products ($3.66B), Metals ($1.03B), and Precious Metals ($547M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Thailand+$171MPetroleum Gas
Top Product Potential Thailand Australia+$90.6MComputers

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

Product Space of Australia (Flag) and Thailand (Flag) (2022)

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