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Trade between Canada and Thailand

In 2024, Canada exported $838 million to Thailand and imported $3.7 billion. Canada ran a deficit of $2.8 billion with Thailand, compared with a deficit of $1.9 billion in 2019. Thailand was Canada’s 21st largest trading partner (0.4% of its trade), and Canada was Thailand’s 27th (0.7%).

Summary

Canada → Thailand
$838million
Thailand → Canada
$3.7billion
Canada’s balance
-$2.8billion

Balance

Canada’s trade balance with Thailand

Trade between Canada and Thailand grew 3.5-fold since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.8
  • Imports 3.7
  • Balance -2.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$519 million$766 million-$246 million
1996$569 million$783 million-$214 million
1997$438 million$874 million-$435 million
1998$273 million$874 million-$601 million
1999$325 million$1 billion-$707 million
2000$344 million$1.1 billion-$774 million
2001$372 million$1.1 billion-$708 million
2002$425 million$1.1 billion-$720 million
2003$425 million$1.4 billion-$961 million
2004$518 million$1.6 billion-$1.1 billion
2005$535 million$1.7 billion-$1.1 billion
2006$548 million$2 billion-$1.4 billion
2007$632 million$2.2 billion-$1.5 billion
2008$952 million$2.3 billion-$1.4 billion
2009$718 million$1.9 billion-$1.2 billion
2010$942 million$2.3 billion-$1.4 billion
2011$1 billion$2.7 billion-$1.7 billion
2012$915 million$2.5 billion-$1.6 billion
2013$945 million$2.6 billion-$1.6 billion
2014$861 million$2.6 billion-$1.7 billion
2015$866 million$2.3 billion-$1.4 billion
2016$841 million$2.2 billion-$1.4 billion
2017$724 million$2.3 billion-$1.6 billion
2018$881 million$2.7 billion-$1.9 billion
2019$914 million$2.8 billion-$1.9 billion
2020$742 million$2.6 billion-$1.9 billion
2021$831 million$3.2 billion-$2.4 billion
2022$1.1 billion$4 billion-$2.9 billion
2023$955 million$3.5 billion-$2.6 billion
2024$838 million$3.7 billion-$2.8 billion

What they sell each other

What Canada sells to Thailand

The top 10 headings in 2024, with their share of the total.

  1. Potash fertilizers$89 million · 10.6%
    274 thousand tonnes
  2. Wheat$82 million · 9.8%
    260 thousand tonnes · Canada’s destinations
  3. Aluminum scrap$40 million · 4.7%
    24 thousand tonnes
  4. Dissolving wood pulp$39 million · 4.6%
    47 thousand tonnes
  5. Chemical wood pulp$32 million · 3.9%
    46 thousand tonnes · Canada’s destinations
  6. Soybeans$32 million · 3.8%
    46 thousand tonnes · Canada’s destinations
  7. Copper matte$28 million · 3.3%
    11 thousand tonnes
  8. Turbojets and gas turbines$28 million · 3.3%
    15 tonnes · Canada’s destinations
  9. Microchips$24 million · 2.8%
    34 tonnes · Thailand’s sources
  10. Ferrous scrap$20 million · 2.4%
    75 thousand tonnes · Canada’s destinations

What Thailand sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. 3 thousand tonnes
  2. 481 tonnes
  3. Jewelry$158 million · 4.3%
    50 tonnes · Thailand’s destinations
  4. Prepared fish and caviar$135 million · 3.7%
    32 thousand tonnes
  5. Computers$134 million · 3.7%
    518 tonnes · Thailand’s destinations
  6. Air conditioners$128 million · 3.5%
    8 thousand tonnes · Thailand’s destinations
  7. Video recorders and players$117 million · 3.2%
    372 tonnes
  8. New tires$98 million · 2.7%
    19 thousand tonnes · Thailand’s destinations
  9. Rice$94 million · 2.6%
    121 thousand tonnes · Thailand’s destinations
  10. Other electrical devices$94 million · 2.6%
    935 tonnes

How it travels

Estimated sea route from Vancouver to Laem Chabang.

The estimated sea route between Vancouver and Laem Chabang is 7,283 nautical miles (13,488 km) long: ≈ 17–21.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.7 billion · 60%
  2. Air$1.8 billion · 40%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Thailand was Canada’s 21st largest trading partner (0.4% of its trade), and Canada was Thailand’s 27th (0.7%).

Thailand in Canada’s trade
0.4%
Thailand’s rank among Canada’s partners
21st
Canada in Thailand’s trade
0.7%
Canada’s rank among Thailand’s partners
27th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.