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2022
Flag → Flag
Exports $7.58BRnk 10 / 152
2022
Flag → Flag
Top Product $861MBroadcasting Equipment
2022
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Exports $13.4BRnk 4 / 218
2022
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Top Product $1.2BRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
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 $4,164CURRENT US$
Rnk 120 / 186
2012-2022
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GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 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

About

Vietnam-Thailand In 2022, Vietnam exported $7.58B to Thailand. The main products that Vietnam exported to Thailand are Broadcasting Equipment ($861M), Crude Petroleum ($714M), and Telephones ($386M). During the last 27 years the exports of Vietnam to Thailand have increased at an annualized rate of 21.4%, from $40.6M in 1995 to $7.58B in 2022.

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

Thailand-Vietnam In 2022, Thailand exported $13.4B to Vietnam. The main products that Thailand exported to Vietnam were Refined Petroleum ($1.2B), Cars ($1.17B), and Semiconductor Devices ($554M). During the last 27 years the exports of Thailand to Vietnam have increased at an annualized rate of 13.2%, from $466M in 1995 to $13.4B in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $7.58B to Thailand. The main products exported from Vietnam to Thailand were Broadcasting Equipment ($861M), Crude Petroleum ($714M), and Telephones ($386M). During the last 27 years the exports of Vietnam to Thailand have increased at an annualized rate of 21.4%, from $40.6M in 1995 to $7.58B in 2022.

In 2022, Thailand exported $13.4B to Vietnam. The main products exported from Thailand to Vietnam were Refined Petroleum ($1.2B), Cars ($1.17B), and Semiconductor Devices ($554M). During the last 27 years the exports of Thailand to Vietnam have increased at an annualized rate of 13.2%, from $466M in 1995 to $13.4B in 2022.

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

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

Latest Data

Trade between Vietnam (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
Thailand
Top DestinationUnited States$53.4B

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

In 2021, countries that imported more from Vietnam than Thailand were United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2021, countries that imported more from Thailand than Vietnam were Malaysia ($12.7B), Australia ($12.6B), and Singapore ($11B).

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

Comparative Advantage Vietnam - Thailand

Flow
Scale

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

During 2022, Vietnam had a large net trade with Thailand in the exports of Machines ($2.81B), Metals ($892M), and Mineral Products ($754M).

During 2022, Thailand had a large net trade with Vietnam in the exports of Machines ($3.19B), Transportation ($1.96B), and Plastics and Rubbers ($1.66B).

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

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

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