Merchandise exports to low- and middle-income economies in South Asia in Thailand
Thailand: Merchandise exports to low- and middle-income economies in South Asia was 4.4% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in South Asia in Thailand, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in south asia in Thailand is 4.4%, measured in 2023.
That represents a change of down 5.7% on the previous year and up 29.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in south asia in Thailand peaked at 13.5% in 1965 and was at its lowest, 1.0%, in 1974.
Thailand ranks 53rd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in South Asia in Thailand, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.4% | — |
| 1961 | 2.8% | +19.2% |
| 1962 | 2.3% | -19.6% |
| 1963 | 1.9% | -14.7% |
| 1964 | 3.1% | +58.0% |
| 1965 | 13.5% | +341.9% |
| 1966 | 12.6% | -6.9% |
| 1967 | 7.4% | -40.9% |
| 1968 | 7.5% | +1.4% |
| 1969 | 4.5% | -39.9% |
| 1970 | 1.3% | -70.3% |
| 1971 | 2.3% | +67.2% |
| 1972 | 4.4% | +93.5% |
| 1973 | 1.1% | -74.0% |
| 1974 | 1.0% | -10.7% |
| 1975 | 4.3% | +321.2% |
| 1976 | 1.6% | -62.3% |
| 1977 | 2.2% | +36.9% |
| 1978 | 1.2% | -45.9% |
| 1979 | 1.7% | +42.5% |
| 1980 | 1.1% | -35.2% |
| 1981 | 1.6% | +44.5% |
| 1982 | 1.5% | -8.1% |
| 1983 | 2.2% | +52.2% |
| 1984 | 3.7% | +66.8% |
| 1985 | 2.8% | -23.4% |
| 1986 | 2.6% | -9.5% |
| 1987 | 2.3% | -11.5% |
| 1988 | 2.8% | +23.2% |
| 1989 | 2.1% | -24.9% |
| 1990 | 1.3% | -40.0% |
| 1991 | 1.0% | -17.2% |
| 1992 | 1.0% | -1.2% |
| 1993 | 1.1% | +5.8% |
| 1994 | 1.7% | +51.5% |
| 1995 | 1.9% | +17.7% |
| 1996 | 1.3% | -33.5% |
| 1997 | 1.4% | +6.3% |
| 1998 | 1.4% | +1.2% |
| 1999 | 1.5% | +9.2% |
| 2000 | 1.8% | +15.1% |
| 2001 | 1.7% | -5.6% |
| 2002 | 1.6% | -5.8% |
| 2003 | 1.8% | +17.8% |
| 2004 | 2.1% | +12.0% |
| 2005 | 2.6% | +24.5% |
| 2006 | 2.6% | +1.4% |
| 2007 | 2.8% | +8.9% |
| 2008 | 2.9% | +2.8% |
| 2009 | 3.4% | +16.2% |
| 2010 | 3.5% | +4.4% |
| 2011 | 3.7% | +3.7% |
| 2012 | 3.4% | -5.9% |
| 2013 | 3.4% | -1.4% |
| 2014 | 3.5% | +4.1% |
| 2015 | 3.6% | +1.8% |
| 2016 | 3.6% | +0.3% |
| 2017 | 4.1% | +14.9% |
| 2018 | 4.4% | +5.1% |
| 2019 | 4.1% | -5.3% |
| 2020 | 3.4% | -18.6% |
| 2021 | 4.4% | +31.1% |
| 2022 | 4.7% | +6.3% |
| 2023 | 4.4% | -5.7% |
Thailand compared with similar countries
- Thailand's 4.4% is above the median for upper middle income countries, which is 1.3%, 3.5× the median. (59 countries reporting)
- Thailand's 4.4% is above the median for East Asia & Pacific, which is 0.9%, 4.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in South Asia in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1965 | +341.9% | 3.1% | 13.5% |
| 1975 | +321.2% | 1.0% | 4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.8% | 1.9% | 13.5% | 10 |
| 1970s | 2.1% | 1.0% | 4.4% | 10 |
| 1980s | 2.3% | 1.1% | 3.7% | 10 |
| 1990s | 1.4% | 1.0% | 1.9% | 10 |
| 2000s | 2.3% | 1.6% | 3.4% | 10 |
| 2010s | 3.7% | 3.4% | 4.4% | 10 |
| 2020s | 4.2% | 3.4% | 4.7% | 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 low- and middle-income economies in south asia in Thailand?
- Merchandise exports to low- and middle-income economies in south asia in Thailand was 4.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in south asia recorded in Thailand?
- The highest recorded value was 13.5% in 1965.
- What is the lowest merchandise exports to low- and middle-income economies in south asia recorded in Thailand?
- The lowest recorded value was 1.0% in 1974.
- How does Thailand rank for merchandise exports to low- and middle-income economies in south asia?
- Thailand ranks 53rd out of 205 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in south asia rising or falling in Thailand?
- Over the last ten years it is up 29.9%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are 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.