Merchandise exports to low- and middle-income economies outside region in Thailand

Thailand: Merchandise exports to low- and middle-income economies outside region was 11.0% in 2023. ▲ Rising

Latest (2023)
11.0%
Change on year
up 0.3%
World rank
103rd
of 206 countries
All-time high
17.8%
in 1965
All-time low
2.6%
in 1973
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies outside region in Thailand, 1960–2023

5101520196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies outside region in Thailand stood at 11.0%.

Compared with earlier readings it is up 0.3% on the previous year and down 2.6% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies outside region in Thailand peaked at 17.8% in 1965 and was at its lowest, 2.6%, in 1973.

Thailand ranks 103rd of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Merchandise exports to low- and middle-income economies outside region in Thailand, year by year

Annual values for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Thailand, 1960 to 2023.
Year % of total merchandise exports Change
1960 6.5%
1961 5.1% -21.4%
1962 4.6% -9.2%
1963 4.2% -9.3%
1964 6.6% +56.7%
1965 17.8% +168.7%
1966 13.8% -22.4%
1967 8.7% -36.6%
1968 8.6% -1.3%
1969 6.7% -21.9%
1970 3.3% -51.7%
1971 5.9% +81.0%
1972 7.4% +26.1%
1973 2.6% -64.4%
1974 8.4% +216.1%
1975 9.3% +10.6%
1976 6.7% -27.8%
1977 10.3% +54.4%
1978 9.4% -8.6%
1979 8.6% -9.0%
1980 7.8% -9.1%
1981 11.4% +46.1%
1982 10.9% -4.0%
1983 11.2% +2.7%
1984 13.6% +21.5%
1985 9.7% -29.0%
1986 7.6% -21.2%
1987 6.8% -10.6%
1988 7.8% +13.9%
1989 7.1% -8.1%
1990 5.9% -17.9%
1991 5.8% -1.2%
1992 5.7% -2.1%
1993 5.2% -9.0%
1994 4.9% -5.9%
1995 5.4% +11.5%
1996 4.7% -13.3%
1997 4.6% -2.4%
1998 5.1% +11.0%
1999 5.7% +11.2%
2000 5.8% +2.0%
2001 6.1% +4.9%
2002 6.1% +0.2%
2003 6.3% +3.3%
2004 7.4% +17.3%
2005 8.0% +8.6%
2006 8.5% +6.5%
2007 9.8% +14.6%
2008 10.8% +10.2%
2009 11.3% +4.9%
2010 11.0% -2.3%
2011 11.6% +4.7%
2012 11.5% -0.7%
2013 11.3% -1.3%
2014 11.3% -0.5%
2015 10.8% -4.1%
2016 10.6% -2.0%
2017 11.0% +3.5%
2018 11.0% +0.2%
2019 10.5% -4.7%
2020 8.9% -14.6%
2021 10.7% +19.4%
2022 11.0% +3.1%
2023 11.0% +0.3%

Thailand compared with similar countries

  • Thailand's 11.0% is above the median for upper middle income countries, which is 9.6%, 1.1× the median. (59 countries reporting)
  • Thailand's 11.0% is above the median for East Asia & Pacific, which is 4.1%, 2.7× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies outside region 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.

YearChange FromTo
1974 +216.1% 2.6% 8.4%
1965 +168.7% 6.6% 17.8%
1971 +81.0% 3.3% 5.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.3% 4.2% 17.8% 10
1970s 7.2% 2.6% 10.3% 10
1980s 9.4% 6.8% 13.6% 10
1990s 5.3% 4.6% 5.9% 10
2000s 8.0% 5.8% 11.3% 10
2010s 11.0% 10.5% 11.6% 10
2020s 10.4% 8.9% 11.0% 4

Countries ranked near Thailand

  1. 100 Faroe Islands 11.6% compare
  2. 101 South Korea 11.4% compare
  3. 102 Bulgaria 11.1% compare
  4. 104 Denmark 10.9% compare
  5. 105 Malaysia 10.8% compare
  6. 106 Belarus 10.1% compare

See the full ranking of 253 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is merchandise exports to low- and middle-income economies outside region in Thailand?
Merchandise exports to low- and middle-income economies outside region in Thailand was 11.0% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies outside region recorded in Thailand?
The highest recorded value was 17.8% in 1965.
What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Thailand?
The lowest recorded value was 2.6% in 1973.
How does Thailand rank for merchandise exports to low- and middle-income economies outside region?
Thailand ranks 103rd out of 206 countries with data for 2023.
Is merchandise exports to low- and middle-income economies outside region rising or falling in Thailand?
Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
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 outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies outside region in Thailand. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-outside-region-percent-of-total/thailand/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.