Summary
- Thailand → Vietnam
- $11.8billion
- Vietnam → Thailand
- $9.1billion
- Thailand’s balance
- $2.6billion
Balance
Thailand’s trade balance with Vietnam
Trade between Thailand and Vietnam grew 41.1-fold since 1995
USD billions (current). Thailand’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 11.8
- Imports 9.1
- Balance +2.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $466 million | $43 million | $423 million |
| 1996 | $576 million | $66 million | $511 million |
| 1997 | $547 million | $185 million | $361 million |
| 1998 | $586 million | $233 million | $353 million |
| 1999 | $569 million | $229 million | $341 million |
| 2000 | $1 billion | $423 million | $626 million |
| 2001 | $974 million | $371 million | $603 million |
| 2002 | $1.1 billion | $268 million | $847 million |
| 2003 | $1.4 billion | $363 million | $1.1 billion |
| 2004 | $2 billion | $657 million | $1.4 billion |
| 2005 | $2.8 billion | $1.1 billion | $1.7 billion |
| 2006 | $3.5 billion | $1.2 billion | $2.3 billion |
| 2007 | $4.2 billion | $921 million | $3.3 billion |
| 2008 | $5.3 billion | $1.8 billion | $3.4 billion |
| 2009 | $5 billion | $1.6 billion | $3.4 billion |
| 2010 | $6 billion | $1.5 billion | $4.5 billion |
| 2011 | $7 billion | $2.1 billion | $4.9 billion |
| 2012 | $6.2 billion | $2.9 billion | $3.3 billion |
| 2013 | $6.9 billion | $3.3 billion | $3.6 billion |
| 2014 | $7.7 billion | $3.9 billion | $3.8 billion |
| 2015 | $8.9 billion | $4 billion | $4.9 billion |
| 2016 | $9.4 billion | $4.4 billion | $5 billion |
| 2017 | $11.5 billion | $5 billion | $6.4 billion |
| 2018 | $12.7 billion | $5.7 billion | $7 billion |
| 2019 | $12.2 billion | $5.4 billion | $6.8 billion |
| 2020 | $11.4 billion | $5.4 billion | $6 billion |
| 2021 | $12.5 billion | $6.9 billion | $5.6 billion |
| 2022 | $14.2 billion | $7.5 billion | $6.7 billion |
| 2023 | $11.8 billion | $7.6 billion | $4.3 billion |
| 2024 | $11.8 billion | $9.1 billion | $2.6 billion |
What they sell each other
What Thailand sells to Vietnam
The top 10 headings in 2024, with their share of the total.
What Vietnam sells to Thailand
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Laem Chabang and Phu My is 603 nautical miles (1,117 km) long: ≈ 1.5–2 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Vietnam was Thailand’s 8th largest trading partner (3% of its trade), and Thailand was Vietnam’s 8th (2%).
- Vietnam in Thailand’s trade
- 3.2%
- Vietnam’s rank among Thailand’s partners
- 8th
- Thailand in Vietnam’s trade
- 2.4%
- Thailand’s rank among Vietnam’s partners
- 8th
Compare with
Other partners of Thailand
Other partners of Vietnam
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.