Thailand is an export-driven economy with a diversified range of products exported to various countries across the globe. The country is well-known for its agricultural and manufacturing sectors, with a range of products being exported, including rice, electronics, textiles, and automotive products. In this article, we will discuss the top five exports of Thailand and the respective tonnage carried upon ocean vessels.
Electronic integrated circuits – 28.6% of total exports
Thailand is a significant exporter of electronic integrated circuits, accounting for 28.6% of the country’s total exports. Electronic integrated circuits are a vital component of various electronic devices, including smartphones, computers, and televisions. The leading buyers of Thailand’s electronic integrated circuits are China, Hong Kong, and the United States.
According to the latest data from the Thai Customs Department, Thailand exported electronic integrated circuits worth $61.4 billion in 2020. However, there is no publicly available data on the tonnage of electronic integrated circuits carried on ocean vessels.
Cars – 8.3% of total exports
Cars are the second-largest export product of Thailand, accounting for 8.3% of the country’s total exports. The automotive industry is a significant contributor to the Thai economy, with several global car manufacturers operating in the country. Thailand’s car exports include passenger cars, commercial vehicles, and auto parts. The leading buyers of Thailand’s cars are Australia, Japan, and the United States.
According to the latest data from the Thai Customs Department, Thailand exported cars worth $17.7 billion in 2020. In terms of tonnage carried on ocean vessels, the total weight of cars exported from Thailand was around 1.3 million tonnes.
Refined petroleum – 5.9% of total exports
Refined petroleum is the third-largest export product of Thailand, accounting for 5.9% of the country’s total exports. Thailand is a significant oil refiner, and the country’s refineries produce a range of petroleum products, including gasoline, diesel, and jet fuel. The leading buyers of Thailand’s refined petroleum are Vietnam, Cambodia, and Singapore.
According to the latest data from the Thai Customs Department, Thailand exported refined petroleum worth $12.6 billion in 2020. In terms of tonnage carried on ocean vessels, the total weight of refined petroleum exported from Thailand was around 8.7 million tonnes.
Integrated circuits – 5.5% of total exports
Integrated circuits are the fourth-largest export product of Thailand, accounting for 5.5% of the country’s total exports. Integrated circuits are used in a range of electronic devices, including computers, smartphones, and televisions. The leading buyers of Thailand’s integrated circuits are China, Hong Kong, and Japan.
According to the latest data from the Thai Customs Department, Thailand exported integrated circuits worth $11.8 billion in 2020. However, there is no publicly available data on the tonnage of integrated circuits carried on ocean vessels.
Rubber – 4.8% of total exports
Rubber is the fifth-largest export product of Thailand, accounting for 4.8% of the country’s total exports. Thailand is one of the world’s leading rubber producers, and the country’s rubber exports include natural rubber and processed rubber products. The leading buyers of Thailand’s rubber are China, Japan, and the United States.
According to the latest data from the Thai Customs Department, Thailand exported rubber worth $10.2 billion in 2020. In terms of tonnage carried on ocean vessels, the total weight of rubber exported from Thailand was around 2.2 million tonnes.