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Thailand: Merchandise imports (current US$)

In , Thailand's Merchandise imports (current US$) was $306.81 billion.

That's up 6.3% from 2023, the highest value on record.

The global average for this indicator in 2024 was $119.47 billion . Thailand ranks #22 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #7 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Thailand Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$306.81B
Trough
$118.18B
1-year change
+6.3%
5-year change
+29.9%
+5.4% / yr
10-year change
+34.7%
+3.0% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
306.810B
288.509B
301.030B
267.343B
206.156B
236.260B
248.201B
221.519B
194.198B
202.653B

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Thailand's Merchandise imports (current US$) in 2024?
In 2024, Thailand's Merchandise imports (current US$) was $306.81 billion, according to World Bank Open Data.
Is Thailand's Merchandise imports (current US$) rising or falling?
Thailand's Merchandise imports (current US$) rose 6.3% from 2023 to 2024.
How does Thailand rank globally on Merchandise imports (current US$)?
In 2024, Thailand ranked #22 out of 204 countries reporting Merchandise imports (current US$).
How does Thailand's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2024 was $119.47 billion, so Thailand is above the world average. Within East Asia & Pacific, it ranks #7 of 36.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.