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Thailand Trade Summary

2023

Thailand exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR THAILAND 2023

Overall Exports and Imports for Thailand 2023

Exports and imports of Thailand in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 285,074 million.
  • The total value of imports (CIF) was 288,499 million.
  • At the HS6 digit level, 4,264 products were exported to 220 countries and 4,425 products were imported from 228 countries.

Thailand top 5 Export and Import partners 2023

Top five countries to which Thailand exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Thailand exports to United States worth US$ 48,475 million, with a partner share of 17.00 percent.
  2. Thailand exports to China worth US$ 34,173 million, with a partner share of 11.99 percent.
  3. Thailand exports to Japan worth US$ 24,594 million, with a partner share of 8.63 percent.
  4. Thailand exports to Australia worth US$ 12,215 million, with a partner share of 4.28 percent.
  5. Thailand exports to Malaysia worth US$ 11,965 million, with a partner share of 4.20 percent.

Top five countries from which Thailand imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Thailand imports from China worth US$ 70,827 million, with a partner share of 24.55 percent.
  2. Thailand imports from Japan worth US$ 31,195 million, with a partner share of 10.81 percent.
  3. Thailand imports from United States worth US$ 19,441 million, with a partner share of 6.74 percent.
  4. Thailand imports from Other Asia, nes worth US$ 16,603 million, with a partner share of 5.75 percent.
  5. Thailand imports from United Arab Emirates worth US$ 15,747 million, with a partner share of 5.46 percent.

Thailand Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Thailand along with trade value are:

  1. Thailand exported Parts and accessories of automatic data process , worth 12,978,878.03 (US$ Thousands).
  2. Thailand exported Monolithic integrated circuits, digital , worth 8,877,501.96 (US$ Thousands).
  3. Thailand exported Petroleum oils, etc, (excl. crude); preparation , worth 8,867,657.07 (US$ Thousands).
  4. Thailand exported Diesel powered trucks with a GVW not exceeding , worth 8,021,743.60 (US$ Thousands).
  5. Thailand exported Gold in unwrought forms non-monetary , worth 5,955,866.19 (US$ Thousands).

The top five imported HS 6 digit level products from world by Thailand along with trade value are

  1. Thailand imported Petroleum oils and oils obtained from bituminou , worth 32,178,787.77 (US$ Thousands).
  2. Thailand imported Monolithic integrated circuits, digital , worth 14,611,677.40 (US$ Thousands).
  3. Thailand imported Natural gas, liquefied , worth 8,396,171.04 (US$ Thousands).
  4. Thailand imported Gold in unwrought forms non-monetary , worth 7,687,938.22 (US$ Thousands).
  5. Thailand imported Transmission apparatus, for radioteleph incorpo , worth 6,484,487.32 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Thailand in 2023 are below

  • The maximum rate of tariff in percentage on any product was 228.63 percent.
  • The simple average tariff across all products was 8.18 percent.
  • The trade weighted average tariff was 4.16 .
  • The total duty free imports in thousands of US dollars were 190,059,074.57 and duty free tariff line items share was 40.86 percent.

Development Indicators 2023

Key Development Indicators of Thailand in 2023 are below

  • Thailand GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Thailand Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Thailand in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 18.73.
  • World Growth in percentage was -3.13 and Thailand Country Growth was -3.01 .