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Pricing

2022
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Exports $30.8BRnk 5 / 211
2022
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Top Product $2.51BMotor vehicles; parts and accessories (8701 to 8705)
2022
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Exports $24.6BRnk 3 / 218
2022
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Top Product $1.58BOther Prepared Meat
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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GDP$4.23TCURRENT US$
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2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
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2022
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GDP PC$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH20.2%CURRENT US$
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About

Japan-Thailand In 2022, Japan exported $30.8B to Thailand. The main products that Japan exported to Thailand are Motor vehicles; parts and accessories (8701 to 8705) ($2.51B), Hot-Rolled Iron ($1.57B), and Integrated Circuits ($1.34B). During the last 27 years the exports of Japan to Thailand have increased at an annualized rate of 1.53%, from $20.4B in 1995 to $30.8B in 2022.

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

Thailand-Japan In 2022, Thailand exported $24.6B to Japan. The main products that Thailand exported to Japan were Other Prepared Meat ($1.58B), Motor vehicles; parts and accessories (8701 to 8705) ($831M), and Integrated Circuits ($770M). During the last 27 years the exports of Thailand to Japan have increased at an annualized rate of 3.33%, from $10.2B in 1995 to $24.6B in 2022.

In 2020, Thailand exported services to Japan worth $2.36B, with Other business services ($1.26B), Travel ($760M), and Transportation ($233M) being the largest in terms of value.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥302B and imported ¥288B from Thailand, resulting in a positive trade balance of ¥13.1B. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-228M (-0.075%) from ¥302B to ¥302B, while imports increased by ¥10.4B (3.75%) from ¥278B to ¥288B.

Trade In January 2024, the top exports of Japan to Thailand were Motor vehicles; parts and accessories (8701... (¥24.9B), Commodities not elsewhere specified (¥22.5B), Hot-Rolled Iron (¥15.4B), Integrated Circuits (¥14B), and Precious Metal Compounds (¥9.88B). In January 2024 the top imports of Japan from Thailand were Other Prepared Meat (¥14.6B), Integrated Circuits (¥11.5B), Telephones (¥11.2B), Motor vehicles; parts and accessories (8701... (¥8.4B), and Industrial Printers (¥7.82B).

Origins In January 2024 the exports of Japan were mainly from Aichi (¥68.8B), Chiba (¥46.4B), Osaka (¥30.7B), Hyōgo (¥29.4B), and Kanagawa (¥25.9B), while imports destinations were mainly Tokyo (¥54.3B), Aichi (¥51.7B), Chiba (¥38.3B), Osaka (¥36.3B), and Kanagawa (¥32.2B).

Growth In January 2024, the decrease in Japan's year-by-year exports to Thailand was explained primarily by an decrease in product exports in Refined Copper (¥-3.83B or -32.2%), Refined Petroleum (¥-3.64B or -82.3%), and Machinery Having Individual Functions (¥-1.02B or -28.7%). In January 2024, the increase in Japan's year-by-year imports  from Thailand was explained primarily by an increase in product imports  in Integrated Circuits (¥3.82B or 49.7%), Cars (¥2.65B or 66.5%), and Fuel Wood (¥2.3B or 328%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-228M(-0.075%)
IMPORT GROWTH (January 2023 - January 2024)¥10.4B(3.75%)
MAIN EXPORTER (January 2024)Aichi¥68.8B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Thailand and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $30.8B to Thailand. The main products exported from Japan to Thailand were Motor vehicles; parts and accessories (8701 to 8705) ($2.51B), Hot-Rolled Iron ($1.57B), and Integrated Circuits ($1.34B). During the last 27 years the exports of Japan to Thailand have increased at an annualized rate of 1.53%, from $20.4B in 1995 to $30.8B in 2022.

In 2022, Thailand exported $24.6B to Japan. The main products exported from Thailand to Japan were Other Prepared Meat ($1.58B), Motor vehicles; parts and accessories (8701 to 8705) ($831M), and Integrated Circuits ($770M). During the last 27 years the exports of Thailand to Japan have increased at an annualized rate of 3.33%, from $10.2B in 1995 to $24.6B in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Thailand
Top DestinationUnited States$53.4B

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

In 2021, countries that imported more from Japan than Thailand were China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

In 2021, countries that imported more from Thailand than Japan were Cambodia ($8.63B), Laos ($4.5B), and Burma ($4.7B).

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

Comparative Advantage Japan - Thailand

Flow
Scale

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

During 2022, Japan had a large net trade with Thailand in the exports of Machines ($10.9B), Metals ($8.21B), and Transportation ($3.36B).

During 2022, Thailand had a large net trade with Japan in the exports of Machines ($8.49B), Foodstuffs ($3.24B), and Plastics and Rubbers ($2.57B).

Service Trade

Bilateral Service Trade

In 2009, Japan exported services to Thailand worth $5.32B, with Services not allocated ($2.66B), Royalties and license fees ($1.5B), and Transportation ($820M) being the largest in terms of value.

In 2020, Thailand exported services to Japan worth $2.36B, with Other business services ($1.26B), Travel ($760M), and Transportation ($233M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to Thailand (Flag) (2009)

Services Exports from Thailand (Flag) to Japan (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over Japan.

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

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