Latin America & Caribbean vs Thailand: Merchandise imports by the reporting economy

Latin America & Caribbean
1.43 trillion current US$
in 2023
Thailand
284.28 billion current US$
in 2023
Latin America & Caribbean rank
20th
Thailand rank
23rd

Merchandise imports by the reporting economy over time

  • Latin America & Caribbean
  • Thailand
0500.0B1.0T1.5T196019912023

How they compare

Latin America & Caribbean currently reports 1.43 trillion current US$ against 284.28 billion current US$ in Thailand, a difference of 1.15 trillion current US$.

That makes Latin America & Caribbean's figure about 5.0 times Thailand's.

Across all 64 years both countries report, Latin America & Caribbean has been ahead every year.

Latin America & Caribbean ranks 20th and Thailand ranks 23rd of 47 groups.

Latin America & Caribbean has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & Caribbean Thailand Difference Ahead
1960s 9.88 billion current US$ 752.70 million current US$ 9.12 billion current US$ Latin America & Caribbean
1970s 41.08 billion current US$ 3.23 billion current US$ 37.85 billion current US$ Latin America & Caribbean
1980s 82.98 billion current US$ 12.18 billion current US$ 70.81 billion current US$ Latin America & Caribbean
1990s 232.38 billion current US$ 49.47 billion current US$ 182.92 billion current US$ Latin America & Caribbean
2000s 534.77 billion current US$ 104.39 billion current US$ 430.38 billion current US$ Latin America & Caribbean
2010s 1.05 trillion current US$ 221.96 billion current US$ 827.35 billion current US$ Latin America & Caribbean
2020s 1.28 trillion current US$ 262.20 billion current US$ 1.02 trillion current US$ Latin America & Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, Latin America & Caribbean or Thailand?
Latin America & Caribbean, at 1.43 trillion current US$ against 284.28 billion current US$ in Thailand as of 2023.
What is the difference in merchandise imports by the reporting economy between Latin America & Caribbean and Thailand?
1.15 trillion current US$, with Latin America & Caribbean ahead.
How many years of comparable data are there for Latin America & Caribbean and Thailand?
64 years are reported by both, from 1960 to 2023.
How do Latin America & Caribbean and Thailand rank globally for merchandise imports by the reporting economy?
Latin America & Caribbean ranks 20th and Thailand ranks 23rd of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Thailand: Merchandise imports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us/latin-america-and-caribbean/thailand/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.