Pakistan-Thailand Bilateral Trade Analysis 2023
Complete trade statistics: $978.56M total volume •Pakistan deficit: $978.56M
Pakistan → Thailand
$0
Exports (2023)
Thailand → Pakistan
$978.56M
Imports (2023)
Trade Balance
$978.56M
Deficit for Pakistan
Total Trade
$978.56M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Pakistan and Thailand. Green line shows exports from Pakistan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Pakistan-Thailand commercial relationship and competitive positioning in global markets.
Pakistan → Thailand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Pakistan's export portfolio to Thailand demonstrates strategic specialization, with oils: petroleum oils and oils obtained from bituminous minerals, crude representing a key competitive advantage in this bilateral market.
Thailand → Pakistan Imports
Import Dependency Profile
📦 Import Strategy Analysis
Pakistan's import pattern from Thailand reveals significant dependencyin acids: aromatic polycarboxylic acids: terephthalic acid and its salts, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Pakistan demonstrates competitive strength in exportingoils: petroleum oils and oils obtained from bituminous minerals, crude to Thailand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $978.56M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Pakistan-Thailand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $978.56 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Pakistan maintains a deficit of $978.56 million
- Export Focus: Pakistan's primary exports include oils: petroleum oils and oils obtained from bituminous minerals, crude, molluscs: cuttle fish and squid, whether in shell or not, includes flours, meals, and pellets of molluscs, fit for human consumption, frozen, clothing: worn, and other worn articles
- Import Dependencies: Key imports from Thailand include acids: aromatic polycarboxylic acids: terephthalic acid and its salts, vehicle parts and accessories: n.e.c. in heading no. 8708, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $978.56M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Pakistan leveraging its comparative advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Pakistan's specialization in oils: petroleum oils and oils obtained from bituminous minerals, crudecomplements Thailand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in acids: aromatic polycarboxylic acids: terephthalic acid and its salts.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $978.56M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $978.56M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $978.56 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in oils: petroleum oils and oils obtained from bituminous minerals, crude and acids: aromatic polycarboxylic acids: terephthalic acid and its salts demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Pakistan's trade deficit of $978.56 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Pakistan and Thailand represents a total trade volume of $978.56 million in 2023. This partnership demonstrates an unfavorable trade balance for Pakistan, with imports exceeding exportsby $978.56 million.
Export Strengths
Pakistan's exports to Thailand total $0.00, with competitive advantages in oils: petroleum oils and oils obtained from bituminous minerals, crude, representing $90.98M orInfinity% of bilateral exports.
Import Dependencies
Imports from Thailand amount to $978.56 million, highlighting economic interdependence in acids: aromatic polycarboxylic acids: terephthalic acid and its salts, with Acids: aromatic polycarboxylic acids: terephthalic acid and its salts comprising9.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Pakistan's strategic sourcing from Thailand. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Pakistan and Thailand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023