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Thailand Trade (% GDP)

Thailand's trade (% GDP) rose to 136.77% in 2024, up from 128.82% in 2023, according to World Bank. This represents an increase of 7.95% from the previous year. Thailand has trade (% GDP) higher than the global median (136.77% vs median 84.49%). Compared with the median in Asia, Thailand is higher (136.77% vs regional median 82.69%) and ranks 11th out of 45 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 136.77%
2023 128.82%
2022 132.86%
2021 117.25%
2020 97.8%
2019 109.69%
2018 120.84%
2017 120.89%
2016 120.58%
2015 124.84%
2014 130.91%
2013 132.46%
2012 137.67%
2011 139.68%
2010 127.25%
2009 119.27%
2008 140.44%
2007 129.87%
2006 134.09%
2005 137.85%
2004 127.41%
2003 116.69%
2002 114.97%
2001 120.27%
2000 121.3%
1999 100.71%
1998 100.24%
1997 95.05%
1996 84.27%
1995 89.76%
1994 81.25%
1993 77.75%
1992 77.95%
1991 78.47%
1990 75.78%
1989 72.41%
1988 67.41%
1987 57.23%
1986 49.17%
1985 49.16%
1984 48.07%
1983 47.38%
1982 47.55%
1981 53.97%
1980 54.48%
1979 51.87%
1978 44%
1977 45.34%
1976 42.94%
1975 41.34%
1974 45.54%
1973 38.65%
1972 37.37%
1971 34.8%
1970 34.4%
1969 36.12%
1968 37.62%
1967 38.37%
1966 35.56%
1965 34.92%
1964 36.13%
1963 33.51%
1962 33.34%
1961 34.45%
1960 33.56%
Thailand Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Thailand divided by its total economic output, shown 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
Tariff Rate 8.26% 8.48% 2022