NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $522MRnk 36 / 211
2023
Flag → Flag
Top Product $75.9MPackaged Medicaments
2023
Flag → Flag
Exports $659MRnk 43 / 216
2023
Flag → Flag
Top Product $192MOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Ireland-Thailand Trade: In 2023, Ireland exported $522M to Thailand. The main products that Ireland exported to Thailand were Packaged Medicaments ($75.9M), Vaccines, blood, antisera, toxins and cultures ($66.6M), and Planes, Helicopters, and/or Spacecraft ($58.6M). Over the past 5 years the exports of Ireland to Thailand have increased at an annualized rate of 8.43%, from $348M in 2018 to $522M in 2023.

In 2020, Ireland exported services to Thailand worth $373M, with Other business services ($332M), Financial services ($29.7M), and Transportation ($5.71M) being the largest in terms of value.

Thailand-Ireland Trade: In 2023, Thailand exported $659M to Ireland. The main products that Thailand exported to Ireland were Office Machine Parts ($192M), Broadcasting Equipment ($96.1M), and Other Prepared Meat ($76.9M). Over the past 5 years the exports of Thailand to Ireland have increased at an annualized rate of 1.34%,  from $506M in 2018 to $659M in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Latest Trends

November, 2024

About

Overview In November 2024, Ireland exported €17.4M and imported €107M from Thailand, resulting in a negative trade balance of €89.9M. Between November 2023 and November 2024 the exports of Ireland have decreased by €-1.92M (-9.94%) from €19.4M to €17.4M, while imports increased by €14.2M (15.3%) from €93.1M to €107M.

Trade In November 2024, the top exports of Ireland to Thailand were Medicinal and pharmaceutical products (€7.9M), Miscellaneous manufactured articles, n.e.s. (€5.17M), Photographic apparatus, optical goods, watches and... (€3.55M), Dairy products and birds eggs (€2.13M), and Miscellaneous edible products and preparations (€1.54M). In November 2024 the top imports of Ireland from Thailand were Office machines and automatic data processing... (€29.3M), Meat and meat preparations (€5.21M), Telecommunications and sound recording, reproducing equipment (€4.48M), Electrical machinery, appliances etc., n.e.s. (€3.23M), and General industrial machinery and parts, n.e.s. (€1.33M).

Growth In November 2024, the decrease in Ireland's year-by-year exports to Thailand was explained primarily by an decrease in product exports in Pulp and waste paper (€-222k or -30%), Feeding stuffs for animals, excluding unmilled... (€-186k or -49.7%), and Plastics in non-primary forms (€-144k or -100%). In November 2024, the increase in Ireland's year-by-year imports  from Thailand was explained primarily by an increase in product imports  in Office machines and automatic data processing... (€14.4M or 96.3%), Meat and meat preparations (€969k or 22.9%), and Professional, scientific and controlling apparatus (€677k or 205%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-1.92M(-9.94%)
IMPORT GROWTH (November 2023 - November 2024)€14.2M(15.3%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Thailand and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Thailand and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $522M to Thailand. The main products exported from Ireland to Thailand were Packaged Medicaments ($75.9M), Vaccines, blood, antisera, toxins and cultures ($66.6M), and Planes, Helicopters, and/or Spacecraft ($58.6M). During the last 5 years the exports of Ireland to Thailand have increased at an annualized rate of 8.43%, from $348M in 2018 to $522M in 2023.

In 2018, Thailand exported $659M to Ireland. The main products exported from Thailand to Ireland were Office Machine Parts ($192M), Broadcasting Equipment ($96.1M), and Other Prepared Meat ($76.9M). During the last 5 years the exports of Thailand to Ireland have increased at an annualized rate of 1.34%, from $506M in 2023 to $659M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Ireland than Thailand included Germany ($26.7B), Belgium ($18.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Thailand than Ireland included China ($44.1B), Japan ($24.9B), and Singapore ($13B).

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

Comparative Advantage Ireland - Thailand

Flow
Scale

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

During 2023, Ireland had a large net trade with Thailand in the exports of Chemical Products ($167M), Instruments ($116M), and Foodstuffs ($60.9M).

During 2018, Thailand had a large net trade with Ireland in the exports of Machines ($427M), Foodstuffs ($94.6M), and Precious Metals ($26.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Thailand+$38.9MVaccines, blood, antisera, toxins and cultures
Top Product Potential Thailand Ireland+$65.7MComputers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms