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Thailand
(information)
Population as of 2020: 69.8 million 20 of 193
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Region: Southeast Asia
Nominal G.D.P. in 2024: $526.4 billion 28 of 193
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Top Exports
Thailand exported roughly $280–290 billion in goods in 2024, with a diversified export structure centered on electronics, vehicles, machinery, agriculture, and food processing. | Rank | Export Category | Notes | | ---- | -------------------------------------- | ---------------------------------------------------------- | | 1 | **Electrical machinery & electronics** | Largest sector; computers, components, ICs. | | 2 | **Vehicles (cars & parts)** | Major global auto production hub. | | 3 | **Machinery (industrial equipment)** | Engines, manufacturing systems. | | 4 | **Plastics & plastic articles** | Petrochemical-based exports. | | 5 | **Chemicals** | Industrial chemicals and petrochemicals. | | 6 | **Rubber & rubber products** ⭐ | **Thailand is the world’s #1 exporter of natural rubber**. | | 7 | **Food & agricultural products** | Processed foods, seafood, rice. | | 8 | **Precious stones & jewelry** | Gold and gem exports. | | 9 | **Metals (iron & steel products)** | Industrial materials. | | 10 | **Optical & precision instruments** | Medical and electronic devices. | Key individual export products (by value) | Rank | Product | Estimated Value (USD) | | ---- | ----------------------------------------------- | ---------------------------------------- | | 11 | **Computers & data processing machines** | ~$30–40 billion | | 12 | **Integrated circuits & electronic components** | ~$25–35 billion | | 13 | **Passenger vehicles** | ~$25–35 billion | | 14 | **Motor vehicle parts & accessories** | ~$20–30 billion | | 15 | **Natural rubber** ⭐ | ~$10–15 billion (**#1 global exporter**) | | 16 | **Rubber products (tires, etc.)** | ~$10–15 billion | | 17 | **Plastic products** | ~$15–25 billion | | 18 | **Refined petroleum products** | ~$10–20 billion | | 19 | **Rice** | ~$5–10 billion (top global exporter) | | 20 | **Seafood (processed & frozen)** | ~$5–10 billion | Key Takeaways * 🌳 **Rubber leadership:** * Thailand is the **largest exporter of natural rubber in the world**, a critical global commodity. * 🏭 **Manufacturing powerhouse:** * Electronics and automobiles remain the **top export sectors**. * 🌾 **Strong agricultural base:** * Thailand is also a leading exporter of **rice, seafood, and rubber**. * 🔗 **Supply chain integration:** * Deeply connected to **Asian and global manufacturing networks**. Top Importers of Thailand’s Exports (2024) | Rank | Country | Notes | | ---- | ----------------- | ----------------------------------------------------- | | 1 | **United States** | Largest market; electronics, machinery, and vehicles. | | 2 | **China** | Electronics, components, and agricultural products. | | 3 | **Japan** | Vehicles, machinery, and industrial goods. | | 4 | **Vietnam** | Key supply-chain partner; intermediate goods. | | 5 | **Malaysia** | Regional trade; electronics and industrial inputs. | | 6 | **Hong Kong** | Re-export hub for electronics. | | 7 | **Australia** | Food products, vehicles, and manufactured goods. | | 8 | **Indonesia** | Industrial goods and energy-related trade. | | 9 | **Singapore** | Trade hub; fuels and electronics. | | 10 | **India** | Chemicals, machinery, and agricultural goods. | Key Patterns * **U.S. is #1**: * Major destination for **electronics and manufactured goods**. * **Asia dominates overall**: * Most top partners are **Asian economies**, reflecting regional supply chains. * **Supply chain integration**: * Countries like **Vietnam and Malaysia** import **components for further production**. * **Trade hubs matter**: * **Hong Kong and Singapore** act as **redistribution centers**.
