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Trade between Thailand and the United States

In 2024, Thailand exported $64.8 billion to the United States and imported $19.3 billion. Thailand ran a surplus of $45.6 billion with the United States, compared with a surplus of $21.7 billion in 2019. The United States was Thailand’s 2nd largest trading partner (13% of its trade), and Thailand was the United States’ 16th (2%).

Summary

Thailand → United States
$64.8billion
United States → Thailand
$19.3billion
Thailand’s balance
$45.6billion

Balance

Thailand’s trade balance with the United States

Trade between Thailand and the United States grew 4.1-fold since 1995

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

  • Exports 64.8
  • Imports 19.3
  • Balance +45.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$12.4 billion$8.2 billion$4.2 billion
1996$12.4 billion$8.7 billion$3.7 billion
1997$13.6 billion$8.4 billion$5.2 billion
1998$14.3 billion$5.2 billion$9.1 billion
1999$15.4 billion$6.3 billion$9.1 billion
2000$17.9 billion$5.8 billion$12.1 billion
2001$15.1 billion$7.1 billion$8.1 billion
2002$15.8 billion$5 billion$10.9 billion
2003$16.3 billion$7 billion$9.3 billion
2004$18.9 billion$7.1 billion$11.8 billion
2005$21.4 billion$7.6 billion$13.8 billion
2006$23.5 billion$8.4 billion$15.1 billion
2007$23.6 billion$8.6 billion$15 billion
2008$24.4 billion$11.2 billion$13.2 billion
2009$19.6 billion$7.6 billion$12 billion
2010$23.4 billion$10.4 billion$13 billion
2011$25.5 billion$12 billion$13.6 billion
2012$26.8 billion$11.6 billion$15.1 billion
2013$26.6 billion$13.2 billion$13.4 billion
2014$27.9 billion$13.2 billion$14.8 billion
2015$29.3 billion$12.6 billion$16.8 billion
2016$30.2 billion$11.9 billion$18.3 billion
2017$32 billion$13.6 billion$18.4 billion
2018$32.8 billion$14.7 billion$18.1 billion
2019$36.2 billion$14.5 billion$21.7 billion
2020$39 billion$12.6 billion$26.4 billion
2021$50.5 billion$13.6 billion$36.8 billion
2022$61.6 billion$17.4 billion$44.3 billion
2023$58.2 billion$18.6 billion$39.6 billion
2024$64.8 billion$19.3 billion$45.6 billion

What they sell each other

What Thailand sells to the United States

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

  1. Cameras and broadcast equipment$8.2 billion · 12.7%
    14 thousand tonnes
  2. Computer and office machine parts$8.1 billion · 12.5%
    87 thousand tonnes
  3. New tires$3.9 billion · 6.1%
    814 thousand tonnes · Thailand’s destinations
  4. Diodes, transistors and solar cells$3.5 billion · 5.4%
    885 thousand tonnes
  5. Transformers and power supplies$2.5 billion · 3.8%
    54 thousand tonnes
  6. Computers$1.8 billion · 2.8%
    10 thousand tonnes · Thailand’s destinations
  7. Other electrical devices$1.8 billion · 2.7%
    16 thousand tonnes
  8. Air conditioners$1.4 billion · 2.2%
    119 thousand tonnes · Thailand’s destinations
  9. Video recorders and players$1.3 billion · 2%
    4 thousand tonnes
  10. Auto parts$1.3 billion · 2%
    150 thousand tonnes · Thailand’s destinations

What the United States sells to Thailand

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

  1. Crude petroleum$3.8 billion · 19.5%
    5.1 million tonnes · the United States’ destinations
  2. Natural gas and LPG$1.1 billion · 5.8%
    1.9 million tonnes
  3. Microchips$934 million · 4.9%
    126 tonnes · the United States’ destinations
  4. Turbojets and gas turbines$869 million · 4.5%
    1 thousand tonnes · the United States’ destinations
  5. Auto parts$664 million · 3.5%
    39 thousand tonnes · the United States’ destinations
  6. Airplanes and helicopters$648 million · 3.4%
    2 thousand tonnes · the United States’ destinations
  7. Cameras and broadcast equipment$445 million · 2.3%
    207 tonnes
  8. Waste paper$421 million · 2.2%
    2.2 million tonnes
  9. Aluminum scrap$412 million · 2.1%
    268 thousand tonnes
  10. Computer and office machine parts$327 million · 1.7%
    105 tonnes

How it travels

Estimated sea route from Laem Chabang to Los Angeles.

The estimated sea route between Laem Chabang and Los Angeles is 7,984 nautical miles (14,787 km) long: ≈ 18.5–24 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$46.9 billion · 55.8%
  2. Air$37.2 billion · 44.2%

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

How much each matters to the other

The United States was Thailand’s 2nd largest trading partner (13% of its trade), and Thailand was the United States’ 16th (2%).

The United States in Thailand’s trade
13%
The United States’ rank among Thailand’s partners
2nd
Thailand in the United States’ trade
1.7%
Thailand’s rank among the United States’ partners
16th

Compare with

Other partners of Thailand

Other partners of the United States

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.