Thailand (THA) and Cambodia (KHM) Trade | The Observatory of Economic Complexity

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Thailand-Cambodia Trade: In 2023, Thailand exported $6.19B to Cambodia. The main products that Thailand exported to Cambodia were Refined Petroleum ($1.7B), Gold ($362M), and Raw Sugar ($351M). Over the past 5 years the exports of Thailand to Cambodia have decreased at an annualized rate of 2.79%, from $7.13B in 2018 to $6.19B in 2023.

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

Cambodia-Thailand Trade: In 2023, Cambodia exported $1.6B to Thailand. The main products that Cambodia exported to Thailand were Gold ($616M), Cassava ($221M), and Scrap Aluminium ($145M). Over the past 5 years the exports of Cambodia to Thailand have increased at an annualized rate of 15.1%, from $791M in 2018 to $1.6B in 2023.

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

Comparison: In 2023, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Thailand exported $6.19B to Cambodia. The main products exported from Thailand to Cambodia were Refined Petroleum ($1.7B), Gold ($362M), and Raw Sugar ($351M). During the last 5 years the exports of Thailand to Cambodia have decreased at an annualized rate of 2.79%, from $7.13B in 2018 to $6.19B in 2023.

In 2018, Cambodia exported $1.6B to Thailand. The main products exported from Cambodia to Thailand were Gold ($616M), Cassava ($221M), and Scrap Aluminium ($145M). During the last 5 years the exports of Cambodia to Thailand have increased at an annualized rate of 15.1%, from $791M in 2023 to $1.6B in 2018.

Exports from Thailand () to Cambodia () (2023)

Exports from Cambodia () to Thailand () (2023)

Latest Data

Trade between Thailand () and Cambodia ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$58.5B

Cambodia
Top DestinationUnited States$12.2B

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

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

In 2023, no countries were registered that imported more from Cambodia than from Thailand.

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

Comparative Advantage Thailand - Cambodia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Thailand had a large net trade with Cambodia in the exports of Mineral Products ($1.86B), Foodstuffs ($1.25B), and Machines ($607M).

During 2018, Cambodia had a large net trade with Thailand in the exports of Precious Metals ($617M), Metals ($321M), and Vegetable Products ($273M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Cambodia+$31.3MCars

Top Product Potential Cambodia Thailand+$48.4MInsulated Wire

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Cambodia () (2023)

Exports from Cambodia () to Thailand () (2023)

Latest Data

Trade between Thailand () and Cambodia ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - Cambodia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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