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Trade between Germany and Thailand

In 2024, Germany exported $5.2 billion to Thailand and imported $8.4 billion. Germany ran a deficit of $3.2 billion with Thailand, compared with a deficit of $504 million in 2019. Thailand was Germany’s 36th largest trading partner (0.5% of its trade), and Germany was Thailand’s 14th (2%).

Summary

Germany → Thailand
$5.2billion
Thailand → Germany
$8.4billion
Germany’s balance
-$3.2billion

Balance

Germany’s trade balance with Thailand

Trade between Germany and Thailand grew 2.3-fold since 1995

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

  • Exports 5.2
  • Imports 8.4
  • Balance -3.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.6 billion$2.3 billion$1.4 billion
1996$3.7 billion$2.2 billion$1.5 billion
1997$3 billion$2.1 billion$862 million
1998$1.9 billion$2.3 billion-$325 million
1999$1.7 billion$2.2 billion-$539 million
2000$2 billion$2.3 billion-$223 million
2001$2.6 billion$2.2 billion$406 million
2002$2.5 billion$2.2 billion$278 million
2003$2.6 billion$2.6 billion$30 million
2004$2.9 billion$3 billion-$94 million
2005$3.2 billion$3.1 billion$118 million
2006$3.3 billion$3.4 billion-$126 million
2007$3.7 billion$4.4 billion-$656 million
2008$4.3 billion$5 billion-$671 million
2009$3.3 billion$4.1 billion-$846 million
2010$4.3 billion$5 billion-$794 million
2011$5 billion$5.4 billion-$344 million
2012$5.9 billion$5.2 billion$662 million
2013$5.9 billion$5.7 billion$180 million
2014$5.6 billion$6.2 billion-$603 million
2015$5.3 billion$5.7 billion-$353 million
2016$5.5 billion$6.2 billion-$701 million
2017$5.7 billion$7 billion-$1.3 billion
2018$6.4 billion$7.1 billion-$696 million
2019$6 billion$6.5 billion-$504 million
2020$4.9 billion$6.1 billion-$1.2 billion
2021$5.9 billion$7.8 billion-$1.9 billion
2022$5.8 billion$8.7 billion-$3 billion
2023$5.8 billion$8.8 billion-$3 billion
2024$5.2 billion$8.4 billion-$3.2 billion

What they sell each other

What Germany sells to Thailand

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

  1. Microchips$343 million · 6.5%
    118 tonnes · Germany’s destinations
  2. 2 thousand tonnes · Germany’s destinations
  3. Airplanes and helicopters$245 million · 4.7%
    285 tonnes · Germany’s destinations
  4. Auto parts$239 million · 4.6%
    15 thousand tonnes · Germany’s destinations
  5. Cars$174 million · 3.3%
    6 thousand tonnes · Germany’s destinations
  6. Other plastic articles$135 million · 2.6%
    2 thousand tonnes
  7. Other industrial machines$117 million · 2.2%
    3 thousand tonnes
  8. 525 tonnes · Germany’s destinations
  9. Control panels$83 million · 1.6%
    675 tonnes
  10. Valves and taps$80 million · 1.5%
    2 thousand tonnes

What Thailand sells to Germany

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

  1. Microchips$1.3 billion · 15.4%
    763 tonnes · Thailand’s destinations
  2. 23 thousand tonnes
  3. Computers$560 million · 6.7%
    3 thousand tonnes · Thailand’s destinations
  4. Jewelry$518 million · 6.2%
    258 tonnes · Thailand’s destinations
  5. 6 thousand tonnes
  6. 1 thousand tonnes
  7. Cars$225 million · 2.7%
    19 thousand tonnes · Thailand’s destinations
  8. Air conditioners$182 million · 2.2%
    11 thousand tonnes · Thailand’s destinations
  9. Optical fibers and lenses$171 million · 2%
    921 tonnes
  10. Motorcycles$152 million · 1.8%
    4 thousand tonnes · Thailand’s destinations

How it travels

Estimated sea route from Hamburg to Laem Chabang.

The estimated sea route between Hamburg and Laem Chabang is 13,099 nautical miles (24,260 km) long: ≈ 30.5–39 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Dover, the Cape of Good Hope and the Strait of Malacca and Singapore (13,099 nautical miles); and 15% via the Strait of Dover, the Strait of Gibraltar, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (9,662 nautical miles).

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$5.9 billion · 42.9%
  2. Air$7.8 billion · 57.1%

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

How much each matters to the other

Thailand was Germany’s 36th largest trading partner (0.5% of its trade), and Germany was Thailand’s 14th (2%).

Thailand in Germany’s trade
0.5%
Thailand’s rank among Germany’s partners
36th
Germany in Thailand’s trade
2.1%
Germany’s rank among Thailand’s partners
14th

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.