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2022
Flag → Flag
Exports $10.4BRnk 10 / 218
2022
Flag → Flag
Top Product $1.03BRaw Sugar
2022
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Exports $8.95BRnk 10 / 216
2022
Flag → Flag
Top Product $1.73BCoal Briquettes
2022
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Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
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Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
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$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Thailand-Indonesia In 2022, Thailand exported $10.4B to Indonesia. The main products that Thailand exported to Indonesia are Raw Sugar ($1.03B), Motor vehicles; parts and accessories (8701 to 8705) ($866M), and Ethylene Polymers ($403M). During the last 27 years the exports of Thailand to Indonesia have increased at an annualized rate of 9.66%, from $865M in 1995 to $10.4B in 2022.

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

Indonesia-Thailand In 2022, Indonesia exported $8.95B to Thailand. The main products that Indonesia exported to Thailand were Coal Briquettes ($1.73B), Crude Petroleum ($1.26B), and Cars ($407M). During the last 27 years the exports of Indonesia to Thailand have increased at an annualized rate of 9.12%, from $849M in 1995 to $8.95B in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $10.4B to Indonesia. The main products exported from Thailand to Indonesia were Raw Sugar ($1.03B), Motor vehicles; parts and accessories (8701 to 8705) ($866M), and Ethylene Polymers ($403M). During the last 27 years the exports of Thailand to Indonesia have increased at an annualized rate of 9.66%, from $865M in 1995 to $10.4B in 2022.

In 2022, Indonesia exported $8.95B to Thailand. The main products exported from Indonesia to Thailand were Coal Briquettes ($1.73B), Crude Petroleum ($1.26B), and Cars ($407M). During the last 27 years the exports of Indonesia to Thailand have increased at an annualized rate of 9.12%, from $849M in 1995 to $8.95B in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and Indonesia (Flag)

Thailand Exports

Indonesia Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Indonesia
Top DestinationChina$67.7B

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

In 2021, countries that imported more from Thailand than Indonesia were United States ($53.4B), Australia ($12.6B), and Cambodia ($8.63B).

In 2021, countries that imported more from Indonesia than Thailand were China ($67.7B), India ($25.3B), and South Korea ($15.6B).

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

Comparative Advantage Thailand - Indonesia

Flow
Scale

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

During 2022, Thailand had a large net trade with Indonesia in the exports of Machines ($2.38B), Transportation ($1.99B), and Plastics and Rubbers ($1.53B).

During 2022, Indonesia had a large net trade with Thailand in the exports of Mineral Products ($3.22B), Machines ($1.14B), and Transportation ($1.07B).

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 Thailand has comparative advantage over Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Thailand.

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

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