Israel (ISR) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Israel-Thailand In 2022, Israel exported $568M to Thailand. The main products that Israel exported to Thailand are Diamonds ($112M), Potassic Fertilizers ($51.6M), and Mixed Mineral or Chemical Fertilizers ($51.3M). During the last 27 years the exports of Israel to Thailand have increased at an annualized rate of 2.52%, from $290M in 1995 to $568M in 2022.

In 2012, Israel exported services to Thailand worth $6.55M, with Computer and information services ($6.55M) being the largest in terms of value.

Thailand-Israel In 2022, Thailand exported $771M to Israel. The main products that Thailand exported to Israel were Cars ($120M), Processed Fish ($69.2M), and Diamonds ($43.9M). During the last 27 years the exports of Thailand to Israel have increased at an annualized rate of 5.46%, from $184M in 1995 to $771M in 2022.

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

Comparison In 2022, Israel ranked 19 in the Economic Complexity Index (ECI 1.17), and 49 in total exports ($76.9B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $568M to Thailand. The main products exported from Israel to Thailand were Diamonds ($112M), Potassic Fertilizers ($51.6M), and Mixed Mineral or Chemical Fertilizers ($51.3M). During the last 27 years the exports of Israel to Thailand have increased at an annualized rate of 2.52%, from $290M in 1995 to $568M in 2022.

In 2022, Thailand exported $771M to Israel. The main products exported from Thailand to Israel were Cars ($120M), Processed Fish ($69.2M), and Diamonds ($43.9M). During the last 27 years the exports of Thailand to Israel have increased at an annualized rate of 5.46%, from $184M in 1995 to $771M in 2022.

Exports from Israel () to Thailand () (2022)

Exports from Thailand () to Israel () (2022)

Latest Data

Trade between Israel () and Thailand ()

Israel Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Thailand
Top DestinationUnited States$53.4B

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

In 2021, countries that imported more from Israel than Thailand were Palestine ($4.6B), Ireland ($3.86B), and Cyprus ($827M).

In 2021, countries that imported more from Thailand than Israel were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

Difference in imports from Thailand () and Israel () (2022)

Comparative Advantage Israel - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with Thailand in the exports of Chemical Products ($169M), Precious Metals ($126M), and Machines ($122M).

During 2022, Thailand had a large net trade with Israel in the exports of Transportation ($165M), Machines ($156M), and Foodstuffs ($140M).

Service Trade

Bilateral Service Trade

Isr Year

In 2012, Israel exported services to Thailand worth $6.55M, with Computer and information services ($6.55M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Israel () to Thailand () (2012)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Israel has comparative advantage over Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over Israel.

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Thailand () (2022)

Exports from Thailand () to Israel () (2022)

Latest Data

Trade between Israel () and Thailand ()

Israel Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Israel () (2022)

Comparative Advantage Israel - Thailand

Service Trade

Bilateral Service Trade

Services Exports from Israel () to Thailand () (2012)

Economic Complexity

Competitive Landscape

Product Space of Israel () and Thailand () (2022)

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