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Trade between the Netherlands and Thailand

In 2024, the Netherlands exported $1 billion to Thailand and imported $7.2 billion. The Netherlands ran a deficit of $6.1 billion with Thailand, compared with a deficit of $3.2 billion in 2019. Thailand was the Netherlands’ 28th largest trading partner (0.7% of its trade), and the Netherlands was Thailand’s 21st (1%).

Summary

Netherlands → Thailand
$1billion
Thailand → Netherlands
$7.2billion
The Netherlands’ balance
-$6.1billion

Balance

The Netherlands’ trade balance with Thailand

Trade between the Netherlands and Thailand grew 3.8-fold since 1995

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

  • Exports 1
  • Imports 7.2
  • Balance -6.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$768 million$1.4 billion-$625 million
1996$692 million$1.6 billion-$913 million
1997$692 million$1.7 billion-$1 billion
1998$473 million$1.4 billion-$960 million
1999$540 million$1.7 billion-$1.2 billion
2000$553 million$2 billion-$1.4 billion
2001$556 million$2 billion-$1.5 billion
2002$538 million$1.4 billion-$831 million
2003$642 million$1.7 billion-$1.1 billion
2004$692 million$2.6 billion-$1.9 billion
2005$779 million$2.6 billion-$1.9 billion
2006$777 million$3.2 billion-$2.4 billion
2007$994 million$3.6 billion-$2.6 billion
2008$1.2 billion$4.3 billion-$3.1 billion
2009$898 million$3.4 billion-$2.5 billion
2010$1 billion$4 billion-$3 billion
2011$1.2 billion$4.4 billion-$3.2 billion
2012$1.3 billion$3.1 billion-$1.8 billion
2013$1.1 billion$3.4 billion-$2.3 billion
2014$1.1 billion$4 billion-$2.9 billion
2015$1 billion$3.3 billion-$2.3 billion
2016$1 billion$3.2 billion-$2.2 billion
2017$1.1 billion$3.6 billion-$2.6 billion
2018$1.1 billion$4.2 billion-$3.1 billion
2019$1.1 billion$4.2 billion-$3.2 billion
2020$969 million$3.9 billion-$3 billion
2021$1.1 billion$4.7 billion-$3.6 billion
2022$1.1 billion$4.6 billion-$3.5 billion
2023$1.1 billion$4.6 billion-$3.5 billion
2024$1 billion$7.2 billion-$6.1 billion

What they sell each other

What the Netherlands sells to Thailand

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

  1. Microchips$210 million · 20.3%
    17 tonnes · the Netherlands’ destinations
  2. Vaccines, blood and antisera$42 million · 4.1%
    131 tonnes · the Netherlands’ destinations
  3. Pet and animal feed$25 million · 2.4%
    15 thousand tonnes
  4. Other food preparations$24 million · 2.3%
    2 thousand tonnes
  5. Medicines in measured doses or retail packs$19 million · 1.8%
    438 tonnes · the Netherlands’ destinations
  6. Other pharmaceutical goods$18 million · 1.7%
    190 tonnes
  7. X-ray and radiation equipment$18 million · 1.7%
    193 tonnes
  8. Orthopedic and hearing devices$17 million · 1.7%
    21 tonnes
  9. Electric motors and generators$17 million · 1.6%
    13 thousand tonnes
  10. Mixed fertilizers$17 million · 1.6%
    26 thousand tonnes

What Thailand sells to the Netherlands

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

  1. Computers$1.6 billion · 22.8%
    8 thousand tonnes · Thailand’s destinations
  2. Computer and office machine parts$1.3 billion · 18.9%
    34 thousand tonnes
  3. Cameras and broadcast equipment$860 million · 12%
    2 thousand tonnes
  4. Transformers and power supplies$293 million · 4.1%
    9 thousand tonnes
  5. Motorcycles$210 million · 2.9%
    10 thousand tonnes · Thailand’s destinations
  6. Video recorders and players$205 million · 2.9%
    485 tonnes
  7. Prepared meat$155 million · 2.2%
    41 thousand tonnes
  8. Printers and printing machines$153 million · 2.1%
    7 thousand tonnes
  9. Optical fibers and lenses$152 million · 2.1%
    708 tonnes
  10. Cured and smoked meat$131 million · 1.8%
    53 thousand tonnes

How it travels

Estimated sea route from Rotterdam to Laem Chabang.

The estimated sea route between Rotterdam and Laem Chabang is 12,833 nautical miles (23,766 km) long: ≈ 29.5–38 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 (12,833 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 (9,387 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$4.4 billion · 53.1%
  2. Air$3.8 billion · 46.9%

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

How much each matters to the other

Thailand was the Netherlands’ 28th largest trading partner (0.7% of its trade), and the Netherlands was Thailand’s 21st (1%).

Thailand in the Netherlands’ trade
0.7%
Thailand’s rank among the Netherlands’ partners
28th
The Netherlands in Thailand’s trade
1.3%
The Netherlands’ rank among Thailand’s partners
21st

Compare with

Other partners of the Netherlands

Other partners of Thailand

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.