What does Thailand trade with China?

Thailand’s exports to China computer components, rubber, refined oil, plastic pellets, chemical electronics, crude oil, wood products, and food. China is Thailand’s second-largest export market. China is also Thailand’s largest importer of goods into the country in 2010.

What does Thailand export to China?

Wood and articles of wood, wood charcoal. $1.06B. 2020. Milling products, malt, starches, inlin, wheat gluten.

Who do Thailand Trade with?

Thailand top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 29,719 12.72
China 28,068 12.01
Japan 23,136 9.90
Vietnam 11,608 4.97

What is the major export of Thailand?

The top ten export items were machinery including computers: $40.2 billion (16.4% of total exports), electrical machinery, equipment: $33.9 billion (13.8%), vehicles: $28.9 billion (11.8%), gems, precious metals: $15.7 billion (6.4%), rubber, rubber articles: $15.3 billion (6.3%), plastics, plastic articles: $13.3 …

What are the major imports of Thailand?

Thailand imports mainly raw materials and intermediate goods (around 56 percent of total imports). Fuel accounts for 19 percent, parts of electronic appliances for 11 percent, materials of base metal for 9 percent, and chemicals for 5.5 percent.

Is Thailand a 3rd world country?

Because Thailand did not initially join the Allies or the Communism Bloc, it is a Third World country. … This means that Thailand has advanced farther relative to other countries, but has not yet reached the level of modern industrialized nations, such as the Western Nations.

THIS IS INTERESTING:  Quick Answer: Is Batam same time as Singapore?

How does Thailand make its money?

The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country’s gross domestic product (GDP). … The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP.

What food does Thailand import the most?

Thailand is a leading global supplier of a wide variety of commodities and products including rice, rubber, cassava, sugar, seafood, poultry meat, frozen food, ready-to-eat foods and processed fruits and vegetables. The country is a regional and global food manufacturer , particularly for tuna, prawns and chicken.

What is the main source of income in Thailand?

Thailand, Southeast Asia’s second-largest economy, has grown in the past generation or two from an undeveloped country to what the World Bank calls a “middle-income” country. Its three main economic sectors are agriculture, manufacturing, and services.

Travel in you