Thailand / South Korea

Thailand-South Korea Trade: In 2022, Thailand exported $7.01B to South Korea. The main products that Thailand exported to South Korea were Refined Petroleum ($640M), Integrated Circuits ($490M), and Rubber ($388M). Over the past 5 years the exports of Thailand to South Korea have increased at an annualized rate of 6.42%, from $5.14B in 2017 to $7.01B in 2022.

In 2022, Thailand did not export any services to South Korea.

South Korea-Thailand Trade: In 2022, South Korea exported $8.92B to Thailand. The main products that South Korea exported to Thailand were Integrated Circuits ($981M), Coated Flat-Rolled Iron ($418M), and Cold-Rolled Iron ($352M). Over the past 5 years the exports of South Korea to Thailand have increased at an annualized rate of 2.86%,  from $7.75B in 2017 to $8.92B in 2022.

In 2005, South Korea exported services to Thailand worth $908M, with Services not allocated ($409M), Transportation ($342M), and Travel ($94.9M) 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).