Summary
- India → Thailand
- $5.2billion
- Thailand → India
- $12.4billion
- India’s balance
- -$7.2billion
Balance
India’s trade balance with Thailand
Trade between India and Thailand grew 18.9-fold since 1995
USD billions (current). India’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 5.2
- Imports 12.4
- Balance -7.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $674 million | $255 million | $419 million |
| 1996 | $686 million | $261 million | $425 million |
| 1997 | $617 million | $280 million | $337 million |
| 1998 | $460 million | $327 million | $133 million |
| 1999 | $510 million | $373 million | $137 million |
| 2000 | $668 million | $501 million | $167 million |
| 2001 | $733 million | $514 million | $219 million |
| 2002 | $835 million | $430 million | $406 million |
| 2003 | $926 million | $682 million | $244 million |
| 2004 | $1.2 billion | $906 million | $273 million |
| 2005 | $1.4 billion | $1.6 billion | -$221 million |
| 2006 | $1.6 billion | $1.9 billion | -$210 million |
| 2007 | $2.1 billion | $2.7 billion | -$602 million |
| 2008 | $2.7 billion | $3.1 billion | -$388 million |
| 2009 | $1.9 billion | $3.1 billion | -$1.2 billion |
| 2010 | $2.3 billion | $4.4 billion | -$2.1 billion |
| 2011 | $3.2 billion | $5.2 billion | -$2 billion |
| 2012 | $3.4 billion | $6 billion | -$2.6 billion |
| 2013 | $3.7 billion | $5.6 billion | -$1.8 billion |
| 2014 | $3.2 billion | $5.8 billion | -$2.6 billion |
| 2015 | $2.9 billion | $5.8 billion | -$3 billion |
| 2016 | $2.8 billion | $5.6 billion | -$2.7 billion |
| 2017 | $4.1 billion | $6.8 billion | -$2.7 billion |
| 2018 | $5 billion | $8 billion | -$3 billion |
| 2019 | $4.9 billion | $7.2 billion | -$2.3 billion |
| 2020 | $4.5 billion | $5.4 billion | -$898 million |
| 2021 | $6.4 billion | $8.8 billion | -$2.4 billion |
| 2022 | $7.2 billion | $11.4 billion | -$4.2 billion |
| 2023 | $6 billion | $10.7 billion | -$4.7 billion |
| 2024 | $5.2 billion | $12.4 billion | -$7.2 billion |
What they sell each other
What India sells to Thailand
The top 10 headings in 2024, with their share of the total.
What Thailand sells to India
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Nhava Sheva (Mumbai) and Laem Chabang is 3,327 nautical miles (6,162 km) long: ≈ 7.5–10 days at sea (at 18 and 14 knots).
Passages it crosses: Strait of Malacca and Singapore.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Thailand was India’s 17th largest trading partner (2% of its trade), and India was Thailand’s 12th (3%).
- Thailand in India’s trade
- 1.5%
- Thailand’s rank among India’s partners
- 17th
- India in Thailand’s trade
- 2.7%
- India’s rank among Thailand’s partners
- 12th
Compare with
Other partners of India
Other partners of Thailand
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.