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How dependent is Thailand on Japan?

In 2024, Japan sold $26.6 billion to Thailand, 8.9% of its imports, ranking 2nd among its suppliers. Its share was 13.5% in 2019 and 28.9% in 1995. In 25 products it sells more than 50% of what Thailand buys of them (in 6, more than 75%); what Thailand buys from Japan in those products (dominated value) adds up to $3.7 billion, 1.2% of its imports.

Summary

Share of its imports
8.9%
Value imported
$26.6billion
Rank among its suppliers
2nd
Products where it sells over 50%
25
Products where it sells over 75%
6
Dominated value
$3.7billion
Share of total imports
1.2%

Trend

Trend in shares

Japan went from 28.9% to 8.9% of what Thailand buys

Share (%)

  • Japan 8.9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
199520,53128.9%1
199618,48226.2%1
199715,43924.7%1
199810,02823.2%1
199912,10523.8%1
200014,98524.4%1
200113,45221.9%1
200214,74123.2%1
200318,02723.7%1
200421,97623.3%1
200525,44821.7%1
200625,18119.7%1
200729,20120.6%1
200832,17818.1%1
200923,95418%1
201036,13219.9%1
201139,62017.7%1
201246,47719.4%1
201339,11816.1%1
201433,52915%2
201530,26115%2
201630,03715.5%2
201730,58113.9%2
201833,16913.4%2
201930,99813.5%2
202026,22813%2
202133,09712.7%2
202231,59310.7%2
202329,78110.5%2
202426,5888.9%2

Products where Japan sells more than half

ProductSupplierShareSecondValue
Hot-rolled flat steelJapan75.8%over 75%China · 12.4%$1.3 billion
Alloy steel sheetJapan53%China · 30.8%$772 million
Engine partsJapan51.1%Indonesia · 13.2%$618 million
Spark plugs, starters and ignition equipmentJapan60.4%China · 10.1%$313 million
Copper plates and stripJapan59.8%China · 19.2%$269 million
Cast and rolled glassJapan68.9%France · 22.4%$113 million
Other ceramic articlesJapan65.9%Malaysia · 6.7%$71 million
Carbide inserts and tipsJapan63.2%China · 10.4%$64 million
Alloy steel wireJapan63.8%China · 18.3%$50 million
Photographic chemicalsJapan81.3%over 75%China · 6.9%$44 million
Finished cattle leatherJapan54%United States · 29.3%$25 million
Bent or worked flat glassJapan52.2%China · 44.5%$16 million
Pig ironJapan58.8%South Africa · 18.6%$16 million
Watch movementsJapan92.9%over 75%Switzerland · 5.1%$13 million
Nickel plates, sheets and foilJapan55.6%France · 11%$9 million
Other slag and ashJapan88.6%over 75%Vietnam · 8.9%$8 million
Manganese oxidesJapan52.4%China · 18.6%$8 million
Alloy steel ingots and semi-finished productsJapan79.5%over 75%China · 10.3%$8 million
Synthetic filament towJapan72.8%Germany · 13.1%$8 million
Zinc plates, sheets and foilJapan70.5%South Korea · 26.4%$6 million
Synthetic fiber extrusion machinesJapan55.6%China · 25.7%$4 million
PianosJapan50.5%Germany · 20%$3 million
Base metals, silver or gold clad with platinumJapan99.4%over 75%Italy · 0.38%$2 million
Magnesium hydroxide and peroxide; strontium and barium oxidesJapan52.2%China · 15.1%$1 million
Fluorine, chlorine, bromine and iodineJapan70.3%Germany · 9.7%$1 million

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?

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

Seen from Japan

Thailand is Japan’s 6th-largest customer, with 3.5% 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.