You may think that Thailand is all about the sunny beaches and tourists that visit the country each year, but there is much more to it than that. There are many exports from Thailand, which are a significant part of the Thai economy, and some of these may surprise you. Below are some of the top exports from Thailand that they ship worldwide, and in some cases, are the leading suppliers in the globe.
The machinery exports from Thailand in 2020 made up over 16% of the economy, making it one of the most significant exports for the country. The machinery made in Thailand varies, and this figure also includes computers, as Thailand is one of the biggest makers worldwide of computer hard drives.
Vehicle manufacturing is also a large industry in Thailand, and the export of vehicles in 2020 equalled over 10% of the economy, over $24.1 billion. There are many brands making vehicles in Thailand, such as:
Precious Metals, Gems, & Jewellery
Bangkok is known worldwide to be one of the primary trading centres for precious metals and coloured gemstones, which means it is also an excellent place to buy them for tourists. The total exports for 2020 from Thailand were almost 8% of the country’s overall export value, around $18 billion. When you visit Thailand, there is a selection of high-quality 925 sterling silver wholesale jewelry that you can buy, significantly cheaper than your home country, so it is worth investing in when you visit.
Rubber is also a significant part of the Thai economy. Many farmers turned to rubber rather than rice, with the total exports for 2020 reaching 6.8% of the economy, worth $15.5 billion. Thailand exports both raw rubber and finished rubber products and ships these worldwide.
Meat & Seafood
The processing of meat and seafood for international export is another significant area of the Thai economy. In 2020 it measured at 2.9% of the economy, which was worth around $6.6 billion. Thailand ships a lot of chicken, pork, prawns, tuna, cuttlefish, and squid each year, and the products can be processed or sent as fresh frozen produce.
Fruits & Nuts
Thailand is also a significant producer of fruits and nuts which are shipped worldwide, and in 2020 these accounted for roughly 1.8% of the economy, worth around $4.2 billion. Thailand is famous for its durian, cashew nuts, bananas, coconuts, soybeans, peanuts, and sesame.