Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Thailand

Merchandise trade (% of GDP) in Thailand in 2025 — 118.64%. Ranked 15 in the world out of 189. Since 1960, the indicator has risen by 87.46 pp.

2025 118.64% +4.12 pp vs 2024
World rank 15of 189
Period maximum 122.52%2008
Period minimum 28.35%1970

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Thailand, 1960–202505010015019601967197419811988199520022009201620231960: 31.19%1962: 30.43%1964: 32.86%1966: 29.7%1968: 29.88%1970: 28.35%1972: 31.37%1974: 40.77%1976: 38.57%1978: 39.33%1980: 48.59%1982: 42.34%1984: 42.61%1986: 41.89%1988: 58.76%1990: 65.75%1992: 65.64%1994: 67.98%1996: 69.96%1998: 85.72%2000: 103.56%2002: 98.85%2004: 110.27%2006: 116.57%2008: 122.52%2010: 110.3%2012: 120.29%2014: 111.75%2016: 99.09%2018: 98.9%2020: 87.51%2022: 118.71%2024: 114.52%2025: 118.64%
Change over the period: +87.46 pp Annual average: 1.35 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Thailand

Thailand 118.64%
World 43.89%
South-Eastern Asia computed 100.39%
Merchandise trade (% of GDP) — Thailand, by year Thailand All countries CSV XLSX
Year % Change, pp
2025 118.64 +4.12 pp
2024 114.52 +3.58 pp
2023 110.94 −7.77 pp
2022 118.71 +12.13 pp
2021 106.58 +19.07 pp
2020 87.51 −1.19 pp
2019 88.7 −10.19 pp
2018 98.9 −1.5 pp
2017 100.39 +1.31 pp
2016 99.09 −4.82 pp
2015 103.9 −7.85 pp
2014 111.75 −2.18 pp
2013 113.94 −6.35 pp
2012 120.29 −1.43 pp
2011 121.72 +11.42 pp
2010 110.3 +8.73 pp
2009 101.57 −20.95 pp
2008 122.52 +10.77 pp
2007 111.75 −4.82 pp
2006 116.57 −4.45 pp
2005 121.02 +10.75 pp
2004 110.27 +7.73 pp
2003 102.54 +3.69 pp
2002 98.85 −6.67 pp
2001 105.51 +1.96 pp
2000 103.56 +17.64 pp
1999 85.91 +0.19 pp
1998 85.72 +5.69 pp
1997 80.04 +10.08 pp
1996 69.96 −5.2 pp
1995 75.16 +7.17 pp
1994 67.98 +3.55 pp
1993 64.43 −1.21 pp
1992 65.64 −1.54 pp
1991 67.18 +1.43 pp
1990 65.75 +2.29 pp
1989 63.46 +4.69 pp
1988 58.76 +9.83 pp
1987 48.93 +7.04 pp
1986 41.89 −0.17 pp
1985 42.06 −0.55 pp
1984 42.61 +1.02 pp
1983 41.59 −0.75 pp
1982 42.34 −6.4 pp
1981 48.75 +0.16 pp
1980 48.59 +3.08 pp
1979 45.51 +6.18 pp
1978 39.33 −1.66 pp
1977 40.99 +2.41 pp
1976 38.57 +1.7 pp
1975 36.87 −3.9 pp
1974 40.77 +7.44 pp
1973 33.33 +1.97 pp
1972 31.37 +2.63 pp
1971 28.73 +0.38 pp
1970 28.35 −0.85 pp
1969 29.2 −0.68 pp
1968 29.88 −1.12 pp
1967 31 +1.3 pp
1966 29.7 −1.38 pp
1965 31.08 −1.78 pp
1964 32.86 +2.36 pp
1963 30.5 +0.07 pp
1962 30.43 −1.34 pp
1961 31.77 +0.59 pp
1960 31.19

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.