2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 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

Greece-Thailand Trade: In 2022, Greece exported $65M to Thailand. The main products that Greece exported to Thailand were Other Processed Fruits and Nuts ($12.2M), Aluminium Plating ($9.96M), and Integrated Circuits ($9.21M). Over the past 5 years the exports of Greece to Thailand have increased at an annualized rate of 4.25%, from $52.8M in 2017 to $65M in 2022.

In 2020, Greece exported services to Thailand worth $66M, with Transportation ($63.6M), Insurance services ($685k), and Government services, n.i.e. ($571k) being the largest in terms of value.

Thailand-Greece Trade: In 2022, Thailand exported $163M to Greece. The main products that Thailand exported to Greece were Air Conditioners ($23.8M), Rubber Tires ($15.9M), and Rubber Apparel ($9.71M). Over the past 5 years the exports of Thailand to Greece have increased at an annualized rate of 3.36%,  from $139M in 2017 to $163M in 2022.

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

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $65M to Thailand. The main products exported from Greece to Thailand were Other Processed Fruits and Nuts ($12.2M), Aluminium Plating ($9.96M), and Integrated Circuits ($9.21M). During the last 5 years the exports of Greece to Thailand have increased at an annualized rate of 4.25%, from $52.8M in 2017 to $65M in 2022.

In 2017, Thailand exported $163M to Greece. The main products exported from Thailand to Greece were Air Conditioners ($23.8M), Rubber Tires ($15.9M), and Rubber Apparel ($9.71M). During the last 5 years the exports of Thailand to Greece have increased at an annualized rate of 3.36%, from $139M in 2022 to $163M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Thailand (Flag)

Greece Exports

Thailand Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Greece than Thailand included Bulgaria ($3.62B), Italy ($5.82B), and Cyprus ($2.92B).

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

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

Comparative Advantage Greece - Thailand

Flow
Scale

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

During 2022, Greece had a large net trade with Thailand in the exports of Metals ($13.3M), Foodstuffs ($13.3M), and Machines ($11.4M).

During 2017, Thailand had a large net trade with Greece in the exports of Machines ($44.1M), Plastics and Rubbers ($39.9M), and Transportation ($21.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Thailand+$8.83MPackaged Medicaments
Top Product Potential Thailand Greece+$11.7MAir Conditioners

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

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

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