Pakistan (PAK) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Pakistan-Thailand Trade: In 2023, Pakistan exported $313M to Thailand. The main products that Pakistan exported to Thailand were Crude Petroleum ($91M), Non-fillet Frozen Fish ($55.3M), and Molluscs ($42.3M). Over the past 5 years the exports of Pakistan to Thailand have decreased at an annualized rate of 2.63%, from $358M in 2018 to $313M in 2023.

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

Thailand-Pakistan Trade: In 2023, Thailand exported $968M to Pakistan. The main products that Thailand exported to Pakistan were Cars ($119M), Polycarboxylic Acids ($92.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($82.2M). Over the past 5 years the exports of Thailand to Pakistan have decreased at an annualized rate of 11.3%, from $1.76B in 2018 to $968M in 2023.

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

Comparison: In 2023, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Pakistan exported $313M to Thailand. The main products exported from Pakistan to Thailand were Crude Petroleum ($91M), Non-fillet Frozen Fish ($55.3M), and Molluscs ($42.3M). During the last 5 years the exports of Pakistan to Thailand have decreased at an annualized rate of 2.63%, from $358M in 2018 to $313M in 2023.

In 2018, Thailand exported $968M to Pakistan. The main products exported from Thailand to Pakistan were Cars ($119M), Polycarboxylic Acids ($92.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($82.2M). During the last 5 years the exports of Thailand to Pakistan have decreased at an annualized rate of 11.3%, from $1.76B in 2023 to $968M in 2018.

Exports from Pakistan () to Thailand () (2023)

Exports from Thailand () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Thailand ()

Pakistan Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$5.18B

Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Pakistan than Thailand included Afghanistan ($969M), Madagascar ($144M), and Djibouti ($104M).

In 2023, countries that imported more from Thailand than Pakistan included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

Difference in imports from Thailand () and Pakistan () (2023)

Comparative Advantage Pakistan - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Pakistan had a large net trade with Thailand in the exports of Animal Products ($120M), Mineral Products ($93.3M), and Textiles ($45.6M).

During 2018, Thailand had a large net trade with Pakistan in the exports of Transportation ($255M), Chemical Products ($157M), and Textiles ($138M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Thailand+$37.9MCrude Petroleum

Top Product Potential Thailand Pakistan+$45.1MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Thailand () (2023)

Exports from Thailand () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Thailand ()

Pakistan Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Pakistan () (2023)

Comparative Advantage Pakistan - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Thailand () (2023)

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