Thailand: Trade openness

* indicates monthly or quarterly data series
 Thailand

Trade openness: exports plus imports as percent of GDP

 Latest value 133.88
 Year 2022
 Measure percent
 Data availability 1960 - 2022
 Average 80.22
 Min - Max 33.34 - 140.44
 Source The World Bank
For that indicator, we provide data for Thailand from 1960 to 2022. The average value for Thailand during that period was 80.22 percent with a minimum of 33.34 percent in 1962 and a maximum of 140.44 percent in 2008. The latest value from 2022 is 133.88 percent. For comparison, the world average in 2022 based on 148 countries is 100.81 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Thailand - Trade openness - recent values

Historical chart
Thailand - Trade openness - historical chart - 1960-2022




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 101.66 2021 percent
 Trade openness 133.88 2022 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 65.78 2022 percent
 Exports, billion dollars 325.89 2022 billion U.S. dollars
 Growth of exports 6.81 2022 percent
 Imports, percent of GDP 68.10 2022 percent
 Imports, billion dollars 337.37 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.27 2022 percent
 Foreign Direct Investment, billion dollars 10.20 2022 billion U.S. dollars
 Portfolio investment inflows, equities 6,421.23 2022 million dollars (current)
 Current account, percent of GDP -3.50 2022 percent
 Current account, in dollars -15.74 2022 billion U.S. dollars
 Trade balance, percent of GDP -2.32 2022 percent
 Trade balance, in dollars -10.41 2022 billion U.S. dollars
 Reserves 216.50 2022 billion U.S. dollars
 Remittances, percent of GDP 1.80 2022 percent
 Remittances 8,912.47 2022 million U.S. dollars
 Net errors and omissions -1,626.33 2022 million USD
 External debt 39.95 2022 percent
 Short-term external debt 40.93 2022 percent
 Short-term debt to reserves 36.31 2022 percent
 Foreign exchange reserves 7,736.51 9/2023 billion
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