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WTO Tariff & Trade Data

Thailand

All products

Applied tariffs

Simple average MFN applied 2024
* 9.3 %
Trade-weighted MFN average 2024
* 6.0 %
Share of MFN duty-free 2024
37.8 %
Best preference trade-weighted average 2024
* 4.2 %

Source of data: WTO IDB, Trade Data Monitor, WTO RTA, World Tariff Profiles

* Ad valorem equivalents (AVEs) used

Bound tariffs

Simple average bound
* 26.8 %
Binding coverage
75.9 %
Share of bound duty-free
6.2 %

Source of data: CTS

* Ad valorem equivalents (AVEs) used

Imports

Total imports: 305,987.3 million USD in 2024

Imports by partner

China
26.5 % 81,231.0 million USD
Japan
9.5 % 28,938.4 million USD
Chinese Taipei
6.8 % 20,793.8 million USD
United States of America
6.5 % 19,840.5 million USD
European Union
6.4 % 19,468.4 million USD
United Arab Emirates
5.7 % 17,504.9 million USD
Malaysia
4.6 % 13,930.5 million USD
Korea, Republic of
3.1 % 9,344.5 million USD
Viet Nam
3.0 % 9,217.2 million USD
Indonesia
2.9 % 8,969.5 million USD
Rest of the World
25.1 % 76,748.5 million USD

Source of data: Trade Data Monitor

Imports by products HS 2022

270900 Petroleum oils and oils obtained from bituminous minerals, crude
11.0 % 33,755.0 million USD
710812 Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
5.0 % 15,230.5 million USD
854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
4.7 % 14,228.8 million USD
271111 Natural gas, liquefied
2.2 % 6,735.0 million USD
854231 Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
1.5 % 4,601.7 million USD
851713 Smartphones for wireless networks
1.4 % 4,306.6 million USD
854290 Parts of electronic integrated circuits, n.e.s.
1.4 % 4,194.0 million USD
847330 Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
1.3 % 3,857.0 million USD
732690 Articles of iron or steel, n.e.s. (excl. cast articles or articles of iron or steel wire)
1.2 % 3,643.0 million USD
847190 Magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.
1.2 % 3,522.5 million USD
Rest of the products
69.3 % 211,913.1 million USD

Source of data: Trade Data Monitor

Exports

Total exports: 298,954.0 million USD in 2024

Exports by destination

United States of America
18.3 % 54,767.8 million USD
China
11.7 % 35,026.5 million USD
European Union
8.1 % 24,096.0 million USD
Japan
7.8 % 23,195.4 million USD
Australia
4.1 % 12,261.0 million USD
Malaysia
4.1 % 12,255.1 million USD
India
3.9 % 11,710.9 million USD
Viet Nam
3.9 % 11,702.9 million USD
Hong Kong, China
3.6 % 10,781.2 million USD
Singapore
3.6 % 10,658.0 million USD
Rest of the World
30.9 % 92,499.3 million USD

Source of data: Trade Data Monitor

Exports by products HS 2022

847170 Storage units for automatic data-processing machines
3.4 % 10,272.6 million USD
710812 Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
2.9 % 8,678.6 million USD
870421 Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
2.4 % 7,188.8 million USD
851762 Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
2.3 % 6,855.9 million USD
271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.0 % 5,897.4 million USD
854239 Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
1.9 % 5,823.0 million USD
100630 Semi-milled or wholly milled rice, whether or not polished or glazed
1.9 % 5,633.5 million USD
841510 Air conditioning machines designed to be fixed to a window, wall, ceiling or floor, self-contained or "split-system"
1.5 % 4,594.6 million USD
850440 Static converters
1.5 % 4,434.9 million USD
851779 Parts of telephone sets, telephones for cellular networks or for other wireless networks and of other apparatus for the transmission or reception of voice, images or other data, n.e.s.
1.3 % 3,841.1 million USD
Rest of the products
78.9 % 235,733.6 million USD

Source of data: Trade Data Monitor

Preferential regimes provided by Thailand

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Thailand as a beneficiary based on other economies reported preferential regimes

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