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How dependent is the Philippines on Thailand?

In 2024, Thailand sold $7.9 billion to the Philippines, 5.7% of its imports, ranking 6th among its suppliers. Its share was 6.1% in 2019 and 1.6% in 1995. In 18 products it sells more than 50% of what the Philippines buys of them (in 3, more than 75%); what the Philippines buys from Thailand in those products (dominated value) adds up to $2 billion, 1.4% of its imports.

Summary

Share of its imports
5.7%
Value imported
$7.9billion
Rank among its suppliers
6th
Products where it sells over 50%
18
Products where it sells over 75%
3
Dominated value
$2billion
Share of total imports
1.4%

Trend

Trend in shares

Thailand went from 1.6% to 5.7% of what the Philippines buys

Share (%)

  • Thailand 5.7%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954121.6%12
19967612.1%12
19979322.3%13
19988452.8%10
19998822.8%11
20001,0933.1%9
20011,1973.5%8
20021,3293.9%9
20031,6634.5%8
20041,8464.3%9
20052,1774.9%9
20062,3174.4%9
20072,5634.2%10
20083,4775.2%8
20093,1106%7
20104,2316.4%7
20113,5295.4%7
20124,1555.5%7
20134,5245.8%7
20144,4565.6%7
20155,0076.5%6
20166,9667.4%4
20177,4976.9%5
20188,2046.9%5
20197,4246.1%6
20205,3005.2%8
20217,1305.6%7
20227,7465.2%7
20238,2936.1%6
20247,8765.7%6

Products where Thailand sells more than half

ProductSupplierShareSecondValue
TrucksThailand59.5%Japan · 15.1%$1.3 billion
Cane and beet sugarThailand66.4%Vietnam · 10.1%$132 million
Soft drinksThailand52%Indonesia · 12.8%$129 million
Toothpaste and oral careThailand61.8%China · 16.3%$120 million
Hair careThailand58.1%Indonesia · 19%$119 million
Fiber cementThailand74.1%Indonesia · 21.2%$58 million
Harvesters and farm machineryThailand54.6%China · 30.6%$47 million
Other cereal floursThailand60.7%Vietnam · 15.3%$14 million
TitaniumThailand77.9%over 75%China · 6%$13 million
Coal tar oilsThailand52.2%South Korea · 41.3%$9 million
Copper pipe fittingsThailand55%China · 23.9%$8 million
Fluorine, chlorine, bromine and iodineThailand75.2%over 75%Malaysia · 17.9%$5 million
Tapioca and starch-based substitutesThailand63.9%Taiwan · 23.8%$3 million
Extracts and juices of meat, fish and shellfishThailand78.1%over 75%China · 9.1%$2 million
Azo compoundsThailand70.3%China · 24.3%$1 million
Cast and rolled glassThailand53.8%China · 38.5%$1 million
Rubber thread and cordThailand64.4%China · 23.7%$936 thousand
Filter blocks and plates of paper pulpThailand69%United Kingdom · 13.1%$912 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

  • Thailand sells 6.2% of what the world exports of trucks; next come Mexico (19.7%), United States (11.3%) and Germany (7.6%). The rest of the world exported 135 times what the Philippines buys from Thailand.
  • Thailand sells 6.2% of what the world exports of cane and beet sugar; next come Brazil (47.2%), India (4.9%) and France (4%). The rest of the world exported 296.9 times what the Philippines buys from Thailand.
  • Thailand sells 5.6% of what the world exports of soft drinks; next come Austria (9.8%), Germany (8.4%) and Netherlands (7.9%). The rest of the world exported 217 times what the Philippines buys from Thailand.
  • Thailand sells 7.4% of what the world exports of toothpaste and oral care; next come China (10.6%), Germany (9.6%) and Poland (8.8%). The rest of the world exported 55.5 times what the Philippines buys from Thailand.
  • Thailand sells 4.3% of what the world exports of hair care; next come United States (9.4%), France (9.1%) and Italy (8.7%). The rest of the world exported 147.9 times what the Philippines buys from Thailand.
  • Thailand sells 10.4% of what the world exports of fiber cement; next come China (13.6%), United States (13%) and Belgium (6%). The rest of the world exported 26 times what the Philippines buys from Thailand.
  • Thailand sells 1.1% of what the world exports of harvesters and farm machinery; next come Germany (16.9%), China (15.9%) and United States (13.8%). The rest of the world exported 550.4 times what the Philippines buys from Thailand.
  • Thailand sells 9% of what the world exports of other cereal flours; next come Mexico (14.5%), South Africa (8%) and United States (6.2%). The rest of the world exported 103.9 times what the Philippines buys from Thailand.
  • Thailand sells 0.2% of what the world exports of titanium; next come United States (28.1%), China (12.5%) and Japan (9.9%). The rest of the world exported 651.9 times what the Philippines buys from Thailand.
  • Thailand sells 1.9% of what the world exports of coal tar oils; next come United States (10.3%), Netherlands (8.4%) and India (8.4%). The rest of the world exported 3,398.5 times what the Philippines buys from Thailand.

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Thailand

The Philippines is Thailand’s 14th-largest customer, with 2.3% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.