2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Thailand Trade: In 2022, Netherlands exported $1.35B to Thailand. The main products that Netherlands exported to Thailand were Integrated Circuits ($286M), Broadcasting Equipment ($33.1M), and Vaccines, blood, antisera, toxins and cultures ($30.2M). Over the past 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 2.54%, from $1.19B in 2017 to $1.35B in 2022.

In 2020, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) being the largest in terms of value.

Thailand-Netherlands Trade: In 2022, Thailand exported $5.33B to Netherlands. The main products that Thailand exported to Netherlands were Office Machine Parts ($1.17B), Broadcasting Equipment ($393M), and Video Recording Equipment ($263M). Over the past 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 3.38%,  from $4.51B in 2017 to $5.33B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $1.35B to Thailand. The main products exported from Netherlands to Thailand were Integrated Circuits ($286M), Broadcasting Equipment ($33.1M), and Vaccines, blood, antisera, toxins and cultures ($30.2M). During the last 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 2.54%, from $1.19B in 2017 to $1.35B in 2022.

In 2017, Thailand exported $5.33B to Netherlands. The main products exported from Thailand to Netherlands were Office Machine Parts ($1.17B), Broadcasting Equipment ($393M), and Video Recording Equipment ($263M). During the last 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 3.38%, from $4.51B in 2022 to $5.33B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Netherlands than Thailand included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Thailand

Flow
Scale

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

During 2022, Netherlands had a large net trade with Thailand in the exports of Machines ($544M), Chemical Products ($225M), and Foodstuffs ($104M).

During 2017, Thailand had a large net trade with Netherlands in the exports of Machines ($2.97B), Foodstuffs ($529M), and Instruments ($433M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Thailand+$39.1MIntegrated Circuits
Top Product Potential Thailand Netherlands+$240MComputers

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

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

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