2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Thailand-Netherlands Trade: In 2023, Thailand exported $4.5B to Netherlands. The main products that Thailand exported to Netherlands were Office Machine Parts ($866M), Broadcasting Equipment ($314M), and Electrical Transformers ($227M). Over the past 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 1.22%, from $4.23B in 2018 to $4.5B in 2023.

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

Netherlands-Thailand Trade: In 2023, Netherlands exported $1.1B to Thailand. The main products that Netherlands exported to Thailand were Integrated Circuits ($210M), Vaccines, blood, antisera, toxins and cultures ($54.9M), and Tractors ($27.1M). Over the past 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 0.075%,  from $1.1B in 2018 to $1.1B in 2023.

In 2020, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Thailand exported $4.5B to Netherlands. The main products exported from Thailand to Netherlands were Office Machine Parts ($866M), Broadcasting Equipment ($314M), and Electrical Transformers ($227M). During the last 5 years the exports of Thailand to Netherlands have increased at an annualized rate of 1.22%, from $4.23B in 2018 to $4.5B in 2023.

In 2018, Netherlands exported $1.1B to Thailand. The main products exported from Netherlands to Thailand were Integrated Circuits ($210M), Vaccines, blood, antisera, toxins and cultures ($54.9M), and Tractors ($27.1M). During the last 5 years the exports of Netherlands to Thailand have increased at an annualized rate of 0.075%, from $1.1B in 2023 to $1.1B in 2018.

Exports from Thailand (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Netherlands (Flag)

Thailand Exports

Netherlands Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Netherlands
Top Destination
Germany$96.9B

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

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

In 2023, countries that imported more from Netherlands than Thailand included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Thailand - Netherlands

Flow
Scale

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

During 2023, Thailand had a large net trade with Netherlands in the exports of Machines ($2.52B), Foodstuffs ($422M), and Instruments ($379M).

During 2018, Netherlands had a large net trade with Thailand in the exports of Machines ($396M), Chemical Products ($202M), and Foodstuffs ($99.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Netherlands+$240MComputers
Top Product Potential Netherlands Thailand+$39.1MIntegrated Circuits

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, Netherlands exported services to Thailand worth $701M, with Other business services ($308M), Royalties and license fees ($273M), and Transportation ($58M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (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 Netherlands. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Thailand.

Product Space of Thailand (Flag) and Netherlands (Flag) (2023)

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