Merchandise exports to high-income economies in Thailand
Thailand: Merchandise exports to high-income economies was 56.8% in 2023. ▼ Falling
Merchandise exports to high-income economies in Thailand, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Thailand recorded 56.8% for merchandise exports to high-income economies in 2023.
Compared with earlier readings it is up 2.7% on the previous year and up 2.7% over ten years.
Over the whole period, merchandise exports to high-income economies in Thailand peaked at 88.8% in 1991 and was at its lowest, 53.4%, in 2018.
That places Thailand 121st out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Thailand, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 86.3% | — |
| 1961 | 79.1% | -8.4% |
| 1962 | 84.0% | +6.3% |
| 1963 | 79.8% | -5.0% |
| 1964 | 75.5% | -5.3% |
| 1965 | 71.6% | -5.3% |
| 1966 | 68.3% | -4.6% |
| 1967 | 72.7% | +6.5% |
| 1968 | 77.4% | +6.4% |
| 1969 | 80.6% | +4.1% |
| 1970 | 83.8% | +4.0% |
| 1971 | 81.4% | -2.9% |
| 1972 | 76.1% | -6.6% |
| 1973 | 81.0% | +6.5% |
| 1974 | 79.7% | -1.6% |
| 1975 | 80.4% | +0.9% |
| 1976 | 79.9% | -0.6% |
| 1977 | 73.9% | -7.5% |
| 1978 | 80.2% | +8.6% |
| 1979 | 80.2% | -0.1% |
| 1980 | 79.6% | -0.7% |
| 1981 | 77.9% | -2.1% |
| 1982 | 75.1% | -3.6% |
| 1983 | 78.7% | +4.8% |
| 1984 | 77.4% | -1.7% |
| 1985 | 79.2% | +2.4% |
| 1986 | 83.0% | +4.8% |
| 1987 | 84.6% | +1.9% |
| 1988 | 84.6% | +0.0% |
| 1989 | 85.1% | +0.5% |
| 1990 | 88.2% | +3.7% |
| 1991 | 88.8% | +0.6% |
| 1992 | 88.0% | -0.8% |
| 1993 | 88.1% | +0.1% |
| 1994 | 85.8% | -2.7% |
| 1995 | 84.2% | -1.9% |
| 1996 | 82.8% | -1.6% |
| 1997 | 81.8% | -1.2% |
| 1998 | 82.3% | +0.6% |
| 1999 | 80.9% | -1.7% |
| 2000 | 79.1% | -2.2% |
| 2001 | 78.1% | -1.3% |
| 2002 | 76.7% | -1.8% |
| 2003 | 73.0% | -4.8% |
| 2004 | 70.2% | -3.9% |
| 2005 | 68.3% | -2.6% |
| 2006 | 67.7% | -0.9% |
| 2007 | 65.2% | -3.8% |
| 2008 | 62.9% | -3.5% |
| 2009 | 61.5% | -2.2% |
| 2010 | 59.3% | -3.6% |
| 2011 | 57.2% | -3.6% |
| 2012 | 56.5% | -1.2% |
| 2013 | 55.3% | -2.1% |
| 2014 | 55.8% | +0.9% |
| 2015 | 56.1% | +0.5% |
| 2016 | 56.5% | +0.6% |
| 2017 | 54.6% | -3.3% |
| 2018 | 53.4% | -2.3% |
| 2019 | 55.6% | +4.1% |
| 2020 | 58.1% | +4.7% |
| 2021 | 54.7% | -5.9% |
| 2022 | 55.3% | +1.1% |
| 2023 | 56.8% | +2.7% |
Thailand compared with similar countries
- Thailand's 56.8% is below the median for upper middle income countries, which is 65.7%, 86% of the median. (59 countries reporting)
- Thailand's 56.8% is below the median for East Asia & Pacific, which is 59.1%, 96% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 77.5% | 68.3% | 86.3% | 10 |
| 1970s | 79.7% | 73.9% | 83.8% | 10 |
| 1980s | 80.5% | 75.1% | 85.1% | 10 |
| 1990s | 85.1% | 80.9% | 88.8% | 10 |
| 2000s | 70.3% | 61.5% | 79.1% | 10 |
| 2010s | 56.0% | 53.4% | 59.3% | 10 |
| 2020s | 56.3% | 54.7% | 58.1% | 4 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise trade 118.6% (2025)
- Food imports 6.6% (2024)
- Manufactures imports 65.8% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 339.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,742 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5886 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.93 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Thailand?
- Merchandise exports to high-income economies in Thailand was 56.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Thailand?
- The highest recorded value was 88.8% in 1991.
- What is the lowest merchandise exports to high-income economies recorded in Thailand?
- The lowest recorded value was 53.4% in 2018.
- How does Thailand rank for merchandise exports to high-income economies?
- Thailand ranks 121st out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Thailand?
- Over the last ten years it is up 2.7%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.