2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
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GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

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 5.46%, from $506M in 2018 to $659M in 2023.

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

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 3.75%,  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.

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

Historical Data

Latest Data

Trade between Thailand (Flag) and Ireland (Flag)

Thailand Exports

Ireland Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Ireland
Top Destination
United States$67.4B

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

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

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

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

Potential Exports

Potential Exports

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

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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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Thailand (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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