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Trade between Russia and Thailand

In 2024, Russia exported $691 million to Thailand and imported $883 million. Russia ran a deficit of $192 million with Thailand, compared with a deficit of $651 million in 2019. Thailand was Russia’s 35th largest trading partner (0.3% of its trade), and Russia was Thailand’s 38th (0.2%).

Summary

Russia → Thailand
$691million
Thailand → Russia
$883million
Russia’s balance
-$192million

Balance

Russia’s trade balance with Thailand

Trade between Russia and Thailand is about the same as in 1995

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

  • Exports 0.7
  • Imports 0.9
  • Balance -0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.3 billion$400 million$861 million
1996$839 million$96 million$743 million
1997$548 million$124 million$424 million
1998$100 million$74 million$26 million
1999$239 million$104 million$136 million
2000$311 million$94 million$217 million
2001$255 million$118 million$137 million
2002$373 million$229 million$145 million
2003$541 million$327 million$214 million
2004$894 million$382 million$512 million
2005$1.4 billion$488 million$908 million
2006$1.1 billion$587 million$514 million
2007$1.5 billion$1 billion$482 million
2008$2.4 billion$1.5 billion$870 million
2009$1.5 billion$887 million$651 million
2010$2.6 billion$1.3 billion$1.2 billion
2011$3.6 billion$1.9 billion$1.7 billion
2012$2.4 billion$1.9 billion$440 million
2013$1.8 billion$2 billion-$222 million
2014$2.2 billion$2.1 billion$66 million
2015$875 million$1.4 billion-$568 million
2016$923 million$1.3 billion-$328 million
2017$1.4 billion$1.8 billion-$392 million
2018$1.7 billion$1.9 billion-$120 million
2019$1.2 billion$1.8 billion-$651 million
2020$1.6 billion$1.5 billion$115 million
2021$1.3 billion$1.8 billion-$517 million
2022$1.3 billion$584 million$680 million
2023$687 million$821 million-$134 million
2024$691 million$883 million-$192 million

What they sell each other

What Russia sells to Thailand

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

  1. Mixed fertilizers$284 million · 41.2%
    614 thousand tonnes
  2. Unwrought aluminum$81 million · 11.7%
    32 thousand tonnes · Russia’s destinations
  3. Carbon black and other carbon$71 million · 10.3%
    69 thousand tonnes
  4. Synthetic rubber$64 million · 9.3%
    40 thousand tonnes
  5. Frozen fish$39 million · 5.6%
    38 thousand tonnes
  6. Raw furskins$34 million · 5%
    53 tonnes
  7. Semi-finished steel$25 million · 3.6%
    48 thousand tonnes
  8. Coal$22 million · 3.1%
    178 thousand tonnes · Russia’s destinations
  9. Asbestos$13 million · 1.9%
    23 thousand tonnes
  10. Fish fillets$6 million · 0.9%
    3 thousand tonnes

What Thailand sells to Russia

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

  1. New tires$92 million · 10.4%
    34 thousand tonnes · Thailand’s destinations
  2. Computers$78 million · 8.9%
    144 tonnes · Thailand’s destinations
  3. Aircraft parts$49 million · 5.5%
    23 tonnes
  4. Prepared fish and caviar$33 million · 3.8%
    8 thousand tonnes
  5. Preserved fruit and nuts$28 million · 3.2%
    21 thousand tonnes
  6. Jewelry$26 million · 3%
    4 tonnes · Thailand’s destinations
  7. Video recorders and players$26 million · 2.9%
    54 tonnes
  8. Sauces and condiments$21 million · 2.4%
    11 thousand tonnes
  9. Polyethylene$19 million · 2.2%
    17 thousand tonnes · Thailand’s destinations
  10. Refined petroleum$18 million · 2%
    5 thousand tonnes · Thailand’s destinations

How it travels

Estimated sea route from Saint Petersburg to Laem Chabang.

The estimated sea route between Saint Petersburg and Laem Chabang is 14,106 nautical miles (26,125 km) long: ≈ 32.5–42 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Øresund, the Strait of Dover, the Cape of Good Hope and the Strait of Malacca and Singapore (14,106 nautical miles); and 15% via the Øresund, the Strait of Dover, the Strait of Gibraltar, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (10,680 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$1.1 billion · 70.4%
  2. Air$466 million · 29.6%

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

How much each matters to the other

Thailand was Russia’s 35th largest trading partner (0.3% of its trade), and Russia was Thailand’s 38th (0.2%).

Thailand in Russia’s trade
0.3%
Thailand’s rank among Russia’s partners
35th
Russia in Thailand’s trade
0.2%
Russia’s rank among Thailand’s partners
38th

Compare with

Other partners of Russia

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.