Thailand / Germany

Thailand-Germany Trade: In 2022, Thailand exported $6.43B to Germany. The main products that Thailand exported to Germany were Integrated Circuits ($1.04B), Office Machine Parts ($666M), and Jewellery ($517M). Over the past 5 years the exports of Thailand to Germany have increased at an annualized rate of 1.8%, from $5.88B in 2017 to $6.43B in 2022.

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

Germany-Thailand Trade: In 2022, Germany exported $5.7B to Thailand. The main products that Germany exported to Thailand were Vaccines, blood, antisera, toxins and cultures ($357M), Integrated Circuits ($317M), and Motor vehicles; parts and accessories (8701 to 8705) ($301M). Over the past 5 years the exports of Germany to Thailand have increased at an annualized rate of 0.28%,  from $5.4B in 2017 to $5.7B in 2022.

In 2020, Germany exported services to Thailand worth $924M, with Other business services ($327M), Transportation ($248M), and Royalties and license fees ($239M) being the largest in terms of value.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).