Merchandise imports from high-income economies in Thailand

Thailand: Merchandise imports from high-income economies was 54.2% in 2023. ▼ Falling

Latest (2023)
54.2%
Change on year
up 1.0%
World rank
117th
of 206 countries
All-time high
96.2%
in 1974
All-time low
52.8%
in 2021
Years of data
64
1960–2023

Merchandise imports from high-income economies in Thailand, 1960–2023

020406080100196019912023

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

Analysis

Thailand recorded 54.2% for merchandise imports from high-income economies in 2023.

That represents a change of up 1.0% on the previous year and down 16.0% over ten years.

Over the whole period, merchandise imports from high-income economies in Thailand peaked at 96.2% in 1974 and was at its lowest, 52.8%, in 2021.

That places Thailand 117th 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 imports from high-income economies in Thailand, year by year

Annual values for Merchandise imports from high-income economies (% of total merchandise imports) in Thailand, 1960 to 2023.
Year % of total merchandise imports Change
1960 94.4%
1961 94.7% +0.3%
1962 88.9% -6.1%
1963 91.3% +2.7%
1964 92.5% +1.4%
1965 92.7% +0.2%
1966 91.1% -1.8%
1967 94.3% +3.5%
1968 94.9% +0.7%
1969 93.8% -1.1%
1970 93.7% -0.1%
1971 94.4% +0.7%
1972 95.0% +0.6%
1973 95.8% +0.8%
1974 96.2% +0.5%
1975 94.6% -1.7%
1976 92.0% -2.8%
1977 92.5% +0.6%
1978 92.9% +0.4%
1979 90.7% -2.3%
1980 88.8% -2.1%
1981 90.7% +2.1%
1982 88.3% -2.6%
1983 87.7% -0.7%
1984 87.0% -0.8%
1985 85.4% -1.9%
1986 85.7% +0.4%
1987 84.5% -1.4%
1988 86.5% +2.3%
1989 86.3% -0.2%
1990 85.5% -0.9%
1991 85.5% +0.0%
1992 86.7% +1.4%
1993 87.9% +1.4%
1994 86.4% -1.7%
1995 85.9% -0.6%
1996 84.0% -2.2%
1997 82.7% -1.6%
1998 80.5% -2.6%
1999 78.6% -2.4%
2000 77.2% -1.8%
2001 76.4% -1.0%
2002 73.9% -3.4%
2003 73.1% -1.0%
2004 72.0% -1.5%
2005 70.8% -1.6%
2006 69.3% -2.1%
2007 68.5% -1.3%
2008 68.4% -0.2%
2009 66.8% -2.3%
2010 67.8% +1.5%
2011 67.6% -0.3%
2012 65.2% -3.6%
2013 64.5% -1.0%
2014 61.8% -4.2%
2015 59.1% -4.4%
2016 57.3% -3.1%
2017 58.8% +2.7%
2018 58.2% -1.0%
2019 56.1% -3.6%
2020 53.2% -5.2%
2021 52.8% -0.8%
2022 53.6% +1.5%
2023 54.2% +1.0%

Thailand compared with similar countries

  • Thailand's 54.2% is below the median for upper middle income countries, which is 56.4%, 96% of the median. (59 countries reporting)
  • Thailand's 54.2% is below the median for East Asia & Pacific, which is 59.6%, 91% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 92.9% 88.9% 94.9% 10
1970s 93.8% 90.7% 96.2% 10
1980s 87.1% 84.5% 90.7% 10
1990s 84.4% 78.6% 87.9% 10
2000s 71.6% 66.8% 77.2% 10
2010s 61.7% 56.1% 67.8% 10
2020s 53.5% 52.8% 54.2% 4

Countries ranked near Thailand

  1. 114 Belize 55.0% compare
  2. 115 Yemen 54.7% compare
  3. 116 Senegal 54.2% compare
  4. 118 Australia 54.0% compare
  5. 119 Maldives 53.8% compare
  6. 120 Equatorial Guinea 53.8% compare

See the full ranking of 253 places →

More private sector data for Thailand

All data for Thailand →

Frequently asked questions

What is merchandise imports from high-income economies in Thailand?
Merchandise imports from high-income economies in Thailand was 54.2% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from high-income economies recorded in Thailand?
The highest recorded value was 96.2% in 1974.
What is the lowest merchandise imports from high-income economies recorded in Thailand?
The lowest recorded value was 52.8% in 2021.
How does Thailand rank for merchandise imports from high-income economies?
Thailand ranks 117th out of 206 countries with data for 2023.
Is merchandise imports from high-income economies rising or falling in Thailand?
Over the last ten years it is down 16.0%. 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 imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from high-income economies in Thailand. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-high-income-economies-percent-of-total-merchandise-imports/thailand/

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About this data

Indicator
Merchandise imports from high-income economies (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,511 data points, 1960–2023
Last refreshed

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.