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Thailand Tariff Rate

Thailand's tariff rate fell to 8.26% in 2022, down from 8.48% in 2021, according to World Bank. This represents a decrease of 0.22% from the previous year. Thailand has tariff rate higher than the global median (8.26% vs median 5.90%). Compared with the median in Asia, Thailand is higher (8.26% vs regional median 5.36%) and ranks 11th out of 45 countries in Asia.

Yearly Historical Data (1989-2022)

(in %)
Year Tariff Rate (%)
2022 8.26%
2021 8.48%
2015 7.96%
2014 8.42%
2013 12.03%
2011 11.25%
2010 10.81%
2009 11.01%
2008 10.78%
2007 10.52%
2006 10.84%
2005 10.55%
2004 11.32%
2003 13.75%
2001 14.71%
2000 17.12%
1999 42.61%
1995 21.77%
1993 44.17%
1991 41.99%
1989 41.22%
Thailand Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Thailand on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $300.76B $285.07B 2024
Annual Imports $307.56B $288.5B 2024
Balance of Trade -$2B $320M Aug'25
Exports $27.7B $28.6B Aug'25
Exports (% GDP) 70.06% 65.44% 2024
FDI Inflows (% GDP) 1.94% 1.26% 2024
Imports $29.7B $28.3B Aug'25
Imports (% GDP) 66.71% 63.38% 2024
Net Trade (Goods & Services, BoP) $17.77B $10.44B 2024
Trade (% GDP) 136.77% 128.82% 2024