Thailand / Japan

Thailand-Japan Trade: In 2023, Thailand exported $24.9B to Japan. The main products that Thailand exported to Japan were Other Prepared Meat ($1.44B), Integrated Circuits ($1.1B), and Motor vehicles; parts and accessories (8701 to 8705) ($900M). Over the past 5 years the exports of Thailand to Japan have decreased at an annualized rate of 0.071%, from $25B in 2018 to $24.9B in 2023.

In 2020, Thailand exported services to Japan worth $2.36B, with Other business services ($1.26B), Travel ($760M), and Transportation ($233M) being the largest in terms of value.

Japan-Thailand Trade: In 2023, Japan exported $29.6B to Thailand. The main products that Japan exported to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($2.75B), Integrated Circuits ($2B), and Hot-Rolled Iron ($1.35B). Over the past 5 years the exports of Japan to Thailand have decreased at an annualized rate of 2.19%,  from $33.1B in 2018 to $29.6B in 2023.

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).