Question: Which countries buy a lot of Thai exported products?

The latest available country-specific data shows that 71% of products exported from Thailand were bought by importers in: the United States (14.9% of the global total), China (12.9%), Japan (9.9%), Hong Kong (4.9%), Vietnam (4.8%), Australia (4.2%), Singapore (4.1%), Malaysia (3.8%), Indonesia (3.3%), Switzerland (3.3 …

Where does Thailand export to the most?

The most recent exports are led by Office Machine Parts ($16.4B), Cars ($9.55B), Integrated Circuits ($8.73B), Delivery Trucks ($8.23B), and Gold ($7.62B). The most common destination for the exports of Thailand are United States ($32.2B), China ($29.1B), Japan ($23.8B), Vietnam ($11.8B), and Hong Kong ($11.1B).

What countries import from Thailand?

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Thailand Imports By Country Value Year
China $49.85B 2020
Japan $27.71B 2020
United States $15.13B 2020
Malaysia $10.28B 2020

What is the biggest export of Thailand?

Thailand’s Top Exports

  • Refined petroleum – $7.84 billion.
  • Rice – $5.77 billion.
  • Rubber – $4.63 billion.
  • Gold – $4.41 billion.
  • Diamonds – $1.52 billion.
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What country buys the most products?

In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars. Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports.

What is Thailand’s biggest industry?

The manufacturing sector constitutes Thailand’s main industry, producing a wide variety of goods such as textiles and garments, plastics, footwear, electronics, integrated circuits, computers and components, automobiles and parts, and cement.

What is famous in Thailand to buy?

Here’s a list of 18 Souvenirs to Buy from Thailand:

  • Thai Silk.
  • Thai spices.
  • Thai Spa Products.
  • Soap Carvings.
  • Handmade Bags.
  • Thai handicraft.
  • Thai Snacks.
  • Thai Trinkets.

What Thailand exports to Australia?

Thailand’s key exports to Australia are passenger and goods vehicles. Over 3,000 Australian companies export to Thailand and around 300 maintain a physical presence in the country.

What do we export to Thailand?

Thailand is a regional and global manufacturing hub for vehicles, automotive components, consumer electronics, and processed food and beverages. It is also a leading exporter of agricultural commodities (particularly rice, palm oil, rubber, sugar and seafood).

What Thailand exports to Spain?

Thailand-Spain In 2019, Thailand exported $1.14B to Spain. The main products that Thailand exported to Spain are Air Conditioners ($144M), Vehicle Parts ($110M), and Motorcycles ($90M).

Is Thailand an export country?

Thailand is the 25th largest export destination for the United States. Two-way trade of goods in 2020 was $48.8 billion, with $37.6 billion in Thai exports to the United States and $11.2 billion in U.S. exports to Thailand.

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What is the main income of Thailand?

The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country’s gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank.

Is Thailand a poor country?

With the second-largest economy in Southeast Asia, Thailand is a relatively wealthy country. … Though Thailand’s poverty rate has decreased by 65% since 1988, impoverished living conditions are still a pressing issue in the country. The poverty rate fluctuates and currently, it is on the uprise.

Which country is largest exporter?

This is a list of countries by exports of goods and services, based on World Bank’s data.

List by World Bank.

Rank 1
Country World China
Exports (millions of $) 24,933,017.78 2,643,376.93
% of GDP 30.5% 18.5%
Year 2019 2019

Who is the largest exporter in the world?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. 2 In 2013, China became the largest trading nation in the world. 1 The United States previously held that position.

What is the best country to import from?

Country Comparison > Imports > TOP 10

Rank Country Imports (Billion $)
1 United States 2,361
2 China 2,140
3 Germany 1,135
4 Japan 644.7