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Trade between Israel and Thailand

In 2024, Israel exported $470 million to Thailand and imported $1 billion. Israel ran a deficit of $558 million with Thailand, compared with a deficit of $274 million in 2019. Thailand was Israel’s 23rd largest trading partner (1% of its trade), and Israel was Thailand’s 39th (0.2%).

Summary

Israel → Thailand
$470million
Thailand → Israel
$1billion
Israel’s balance
-$558million

Balance

Israel’s trade balance with Thailand

Trade between Israel and Thailand grew 3.4-fold since 1995

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

  • Exports 0.5
  • Imports 1
  • Balance -0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$268 million$178 million$90 million
1996$309 million$222 million$87 million
1997$233 million$254 million-$21 million
1998$256 million$297 million-$42 million
1999$293 million$451 million-$158 million
2000$333 million$359 million-$26 million
2001$343 million$357 million-$13 million
2002$459 million$521 million-$63 million
2003$494 million$532 million-$38 million
2004$513 million$554 million-$41 million
2005$545 million$429 million$116 million
2006$499 million$392 million$107 million
2007$529 million$523 million$6 million
2008$560 million$633 million-$73 million
2009$345 million$427 million-$82 million
2010$501 million$679 million-$178 million
2011$706 million$716 million-$9 million
2012$476 million$548 million-$72 million
2013$514 million$533 million-$19 million
2014$446 million$639 million-$192 million
2015$411 million$577 million-$165 million
2016$416 million$659 million-$243 million
2017$619 million$668 million-$49 million
2018$533 million$819 million-$287 million
2019$555 million$828 million-$274 million
2020$414 million$489 million-$74 million
2021$463 million$794 million-$331 million
2022$487 million$856 million-$369 million
2023$439 million$922 million-$483 million
2024$470 million$1 billion-$558 million

What they sell each other

What Israel sells to Thailand

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

  1. Diamonds$174 million · 36.9%
    Israel’s destinations
  2. Potash fertilizers$29 million · 6.3%
    81 thousand tonnes
  3. Fruit and vegetable juices$24 million · 5.1%
    10 thousand tonnes
  4. Microchips$16 million · 3.5%
    2 tonnes · Israel’s destinations
  5. Pesticides and herbicides$15 million · 3.3%
    2 thousand tonnes
  6. 6 tonnes
  7. Nitrites and nitrates$9 million · 1.9%
    10 thousand tonnes
  8. 15 tonnes · Israel’s destinations
  9. Copper scrap$8 million · 1.6%
    2 thousand tonnes
  10. 7 tonnes

What Thailand sells to Israel

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

  1. Steel wire rod$175 million · 17%
    267 thousand tonnes
  2. Cars$133 million · 12.9%
    12 thousand tonnes · Thailand’s destinations
  3. Prepared fish and caviar$111 million · 10.8%
    24 thousand tonnes
  4. Diamonds$70 million · 6.8%
    Israel’s sources
  5. Steel bars$52 million · 5.1%
    77 thousand tonnes
  6. Rice$44 million · 4.3%
    46 thousand tonnes · Thailand’s destinations
  7. Trucks$35 million · 3.5%
    229 tonnes · Thailand’s destinations
  8. Air conditioners$23 million · 2.2%
    956 tonnes · Thailand’s destinations
  9. 81 tonnes · Thailand’s destinations
  10. Gemstones$20 million · 1.9%

How it travels

Estimated sea route from Haifa to Laem Chabang.

The estimated sea route between Haifa and Laem Chabang is 13,774 nautical miles (25,509 km) long: ≈ 32–41 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (13,774 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (6,178 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$900 million · 60.1%
  2. Air$598 million · 39.9%

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

How much each matters to the other

Thailand was Israel’s 23rd largest trading partner (1% of its trade), and Israel was Thailand’s 39th (0.2%).

Thailand in Israel’s trade
1%
Thailand’s rank among Israel’s partners
23rd
Israel in Thailand’s trade
0.2%
Israel’s rank among Thailand’s partners
39th

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.