Merchandise trade as a share of GDP rose 21.6% to 107% in Thailand in 2021, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Thailand reached an all time high of 123% in 2008 and an all time low of 28.3% in 1970. When compared to Thailand's main peers, merchandise trade as a share of GDP in Cambodia amounted to 170%, 74.2% in Laos, 144% in Malaysia and 45.3% in Myanmar in 2021.
Thailand has been ranked 26th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 8 places below the position seen 10 years ago.
| Merchandise Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Cambodia | % | 121% | 112% | 115% | 123% | 130% | ||||||||||||||||
| China | % | 35.7% | 32.8% | 33.4% | 33.3% | 32.1% | ||||||||||||||||
| India | % | 31.5% | 27.3% | 28.3% | 31.0% | 28.6% | ||||||||||||||||
| Laos | % | 64.7% | 60.4% | 61.7% | 64.6% | 64.4% | ||||||||||||||||
| Malaysia | % | 125% | 119% | 130% | 130% | 121% | ||||||||||||||||
| Myanmar | % | 44.9% | 45.7% | 53.9% | 53.5% | 53.3% | ||||||||||||||||
| Singapore | % | 211% | 193% | 204% | 208% | 200% | ||||||||||||||||
| Thailand | % | 104% | 99.1% | 100% | 98.9% | 88.7% | ||||||||||||||||
| Vietnam | % | 137% | 137% | 152% | 155% | 155% |
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