Merchandise imports from low- and middle-income economies in Latin in Thailand
Thailand: Merchandise imports from low- and middle-income economies in Latin was 2.2% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Thailand, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Thailand recorded 2.2% for merchandise imports from low- and middle-income economies in latin in 2023. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 16.2% on the previous year and up 32.4% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Thailand peaked at 2.2% in 2023 and was at its lowest, 0.1%, in 1968.
That places Thailand 88th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 63 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Thailand, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.1% | — |
| 1962 | 0.2% | +142.3% |
| 1963 | 0.1% | -29.5% |
| 1964 | 0.2% | +30.0% |
| 1965 | 0.6% | +286.5% |
| 1966 | 0.5% | -15.0% |
| 1967 | 0.3% | -32.8% |
| 1968 | 0.1% | -84.2% |
| 1969 | 0.2% | +258.0% |
| 1970 | 0.9% | +375.4% |
| 1971 | 0.6% | -35.3% |
| 1972 | 0.9% | +41.7% |
| 1973 | 0.6% | -34.9% |
| 1974 | 0.4% | -20.3% |
| 1975 | 0.7% | +58.4% |
| 1976 | 0.6% | -12.0% |
| 1977 | 1.1% | +79.1% |
| 1978 | 0.8% | -26.7% |
| 1979 | 0.7% | -15.7% |
| 1980 | 0.7% | +9.8% |
| 1981 | 1.0% | +35.2% |
| 1982 | 1.2% | +14.0% |
| 1983 | 1.2% | +6.4% |
| 1984 | 1.8% | +48.7% |
| 1985 | 1.3% | -31.3% |
| 1986 | 1.4% | +14.0% |
| 1987 | 1.5% | +2.1% |
| 1988 | 1.9% | +30.2% |
| 1989 | 2.1% | +9.6% |
| 1990 | 1.7% | -17.2% |
| 1991 | 1.6% | -4.8% |
| 1992 | 1.5% | -10.6% |
| 1993 | 1.1% | -25.9% |
| 1994 | 1.2% | +7.6% |
| 1995 | 1.3% | +11.9% |
| 1996 | 1.5% | +13.0% |
| 1997 | 1.5% | +3.2% |
| 1998 | 1.2% | -22.0% |
| 1999 | 1.5% | +22.0% |
| 2000 | 1.2% | -18.7% |
| 2001 | 1.5% | +28.7% |
| 2002 | 1.5% | -4.3% |
| 2003 | 1.8% | +21.1% |
| 2004 | 1.5% | -12.4% |
| 2005 | 1.5% | -0.6% |
| 2006 | 1.2% | -21.5% |
| 2007 | 1.5% | +21.6% |
| 2008 | 1.9% | +26.8% |
| 2009 | 1.6% | -13.5% |
| 2010 | 1.7% | +3.5% |
| 2011 | 1.8% | +8.7% |
| 2012 | 1.8% | -0.2% |
| 2013 | 1.7% | -6.2% |
| 2014 | 1.8% | +5.4% |
| 2015 | 1.7% | -2.5% |
| 2016 | 1.9% | +8.0% |
| 2017 | 1.7% | -10.3% |
| 2018 | 1.5% | -11.5% |
| 2019 | 1.7% | +13.6% |
| 2020 | 2.0% | +15.6% |
| 2021 | 1.9% | -0.5% |
| 2022 | 1.9% | -0.9% |
| 2023 | 2.2% | +16.2% |
Thailand compared with similar countries
- Thailand's 2.2% is below the median for upper middle income countries, which is 2.4%, 92% of the median. (59 countries reporting)
- Thailand's 2.2% is above the median for East Asia & Pacific, which is 0.8%, 2.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin 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 |
|---|---|---|---|
| 1970 | +375.4% | 0.2% | 0.9% |
| 1965 | +286.5% | 0.2% | 0.6% |
| 1969 | +258.0% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2% | 0.1% | 0.6% | 9 |
| 1970s | 0.7% | 0.4% | 1.1% | 10 |
| 1980s | 1.4% | 0.7% | 2.1% | 10 |
| 1990s | 1.4% | 1.1% | 1.7% | 10 |
| 2000s | 1.5% | 1.2% | 1.9% | 10 |
| 2010s | 1.7% | 1.5% | 1.9% | 10 |
| 2020s | 2.0% | 1.9% | 2.2% | 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 imports from low- and middle-income economies in latin in Thailand?
- Merchandise imports from low- and middle-income economies in latin in Thailand was 2.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Thailand?
- The highest recorded value was 2.2% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Thailand?
- The lowest recorded value was 0.1% in 1968.
- How does Thailand rank for merchandise imports from low- and middle-income economies in latin?
- Thailand ranks 88th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Thailand?
- Over the last ten years it is up 32.4%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region 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.