Thailand’s Fastest-Growing Import Partners

Phangan sunset

Phangan sunset

After analyzing 2014 data for 100 countries responsible for consuming the greatest dollar value in imports from Thailand, we found 9 nations that boosted their imports by over 100% since 2010.

Overall, exports originating from Thailand were up 15.6% from 2010 to 2014.

Thailand’s Fastest-Growing Import Partners

Listed below in descending order below are the fastest-growing import countries for Thailand’s exported products. These nations boosted imports from Thailand by the greatest percentages over the five-year period ending in 2014.

  1. Timor-Leste: Up 647% since 2010 (US$65,372,000)
  2. Guinea: Up 557.8% ($63,176,000)
  3. Bolivia: Up 386.4% ($71,312,000)
  4. North Korea: Up 257.6% ($106,165,000)
  5. Jordan: Up 135.1% ($288,234,000)
  6. Nicaragua: Up 132.4% ($72,073,000)
  7. Norway: Up 117.3% ($383,253,000)
  8. Mexico: Up 104.6% ($1,978,626,000)
  9. Myanmar (Burma): Up 102.6% ($4,200,379,000)
  10. Benin: Up 96.1% ($504,775,000)
  11. Angola: Up 95.6% ($279,613,000)
  12. Cambodia: Up 91.4% ($4,482,644,000)
  13. Cameroon: Up 87.8% ($224,260,000)
  14. Laos: Up 86.3% ($3,978,575,000)
  15. Bahrain: Up 81.7% ($238,051,000)


 

Cane or beet sugar was the fastest-growing Thai products delivered to Timor-Leste and Jordan.

Rice was the top-gaining product imported from Thailand into Guinea.

Trucks made in Thailand posted an impressive improvement among import sales to Bolivia.

Tin and rubber were the leading Thai products imported into North Korea.

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 6, 2015

The World Factbook, Field Listing: Imports, Central Intelligence Agency. Accessed on April 6, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on April 6, 2015