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2022
Flag → Flag
Exports $100MRnk 92 / 218
2022
Flag → Flag
Top Product $14.2MCars
2022
Flag → Flag
Exports $57.4MRnk 66 / 191
2022
Flag → Flag
Top Product $21.1MStarches
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Thailand-Ukraine Trade: In 2022, Thailand exported $100M to Ukraine. The main products that Thailand exported to Ukraine were Cars ($14.2M), Delivery Trucks ($7.04M), and Processed Fish ($6.06M). Over the past 5 years the exports of Thailand to Ukraine have decreased at an annualized rate of 9.64%, from $167M in 2017 to $100M in 2022.

In 2022, Thailand did not export any services to Ukraine.

Ukraine-Thailand Trade: In 2022, Ukraine exported $57.4M to Thailand. The main products that Ukraine exported to Thailand were Starches ($21.1M), Semi-Finished Iron ($10.5M), and Seed Oils ($6.13M). Over the past 5 years the exports of Ukraine to Thailand have decreased at an annualized rate of 22.3%,  from $261M in 2017 to $57.4M in 2022.

In 2022, Ukraine did not export any services to Thailand.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $100M to Ukraine. The main products exported from Thailand to Ukraine were Cars ($14.2M), Delivery Trucks ($7.04M), and Processed Fish ($6.06M). During the last 5 years the exports of Thailand to Ukraine have decreased at an annualized rate of 9.64%, from $167M in 2017 to $100M in 2022.

In 2017, Ukraine exported $57.4M to Thailand. The main products exported from Ukraine to Thailand were Starches ($21.1M), Semi-Finished Iron ($10.5M), and Seed Oils ($6.13M). During the last 5 years the exports of Ukraine to Thailand have decreased at an annualized rate of 22.3%, from $261M in 2022 to $57.4M in 2017.

Exports from Thailand (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Ukraine (Flag)

Thailand Exports

Ukraine Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Thailand than Ukraine included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Ukraine than Thailand included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

Difference in imports from Ukraine (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Ukraine

Flow
Scale

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

During 2022, Thailand had a large net trade with Ukraine in the exports of Machines ($25.5M), Transportation ($23.9M), and Foodstuffs ($13M).

During 2017, Ukraine had a large net trade with Thailand in the exports of Vegetable Products ($26.9M), Metals ($12.9M), and Animal and Vegetable Bi-Products ($6.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Ukraine+$16.6MCars
Top Product Potential Ukraine Thailand+$9.2MSemi-Finished Iron

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

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

Product Space of Thailand (Flag) and Ukraine (Flag) (2022)

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