2023
Flag  
GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 195
2023
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC 
$3,978CURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Tunisia-Thailand Trade: In 2023, Tunisia exported $55.1M to Thailand. The main products that Tunisia exported to Thailand were Refined Petroleum ($31.4M), Crustaceans ($3.99M), and Insulated Wire ($2.27M). Over the past 5 years the exports of Tunisia to Thailand have increased at an annualized rate of 20.8%, from $21.4M in 2018 to $55.1M in 2023.

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

Thailand-Tunisia Trade: In 2023, Thailand exported $111M to Tunisia. The main products that Thailand exported to Tunisia were Motor vehicles; parts and accessories (8701 to 8705) ($17.2M), Delivery Trucks ($15.1M), and Combustion Engines ($7.47M). Over the past 5 years the exports of Thailand to Tunisia have decreased at an annualized rate of 2.56%,  from $164M in 2018 to $111M in 2023.

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

Comparison: In 2023,  Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tunisia exported $55.1M to Thailand. The main products exported from Tunisia to Thailand were Refined Petroleum ($31.4M), Crustaceans ($3.99M), and Insulated Wire ($2.27M). During the last 5 years the exports of Tunisia to Thailand have increased at an annualized rate of 20.8%, from $21.4M in 2018 to $55.1M in 2023.

In 2018, Thailand exported $111M to Tunisia. The main products exported from Thailand to Tunisia were Motor vehicles; parts and accessories (8701 to 8705) ($17.2M), Delivery Trucks ($15.1M), and Combustion Engines ($7.47M). During the last 5 years the exports of Thailand to Tunisia have decreased at an annualized rate of 2.56%, from $164M in 2023 to $111M in 2018.

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

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

Latest Data

Trade between Tunisia (Flag) and Thailand (Flag)

Tunisia Exports

Thailand Exports

Market Competitiveness

Color
Tunisia
Top Destination
France$5.19B
Thailand
Top Destination
United States$58.5B

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

In 2023, countries that imported more from Tunisia than Thailand included France ($5.19B), Italy ($3.87B), and Libya ($847M).

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

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

Comparative Advantage Tunisia - Thailand

Flow
Scale

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

During 2023, Tunisia had a large net trade with Thailand in the exports of Mineral Products ($31.4M), Machines ($6.22M), and Textiles ($4.71M).

During 2018, Thailand had a large net trade with Tunisia in the exports of Machines ($44M), Transportation ($37.1M), and Vegetable Products ($7.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tunisia Thailand+$5.09MInsulated Wire
Top Product Potential Thailand Tunisia+$8.3MCars

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

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

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