Trade route overview

Canada exports to Thailand
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

CAN-THA2024 reported exports369 product typesCritical attention review level
Latest reported exports$827.0M2024 route total
Highest-priority products3Need the closest review
Products needing review88High-attention product types
Exports needing review91.6%Share of route exports
Overall review levelCritical attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Canada reported $827.0M in goods exports to Thailand. 88 product types are marked for closer review, covering 91.6% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Canada to Thailand in the latest available year.

$827.0M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

91.6% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

369 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Canada to Thailand. Bar lengths are relative to the highest year shown.

Latest annual total$901.4M2024 annual history
Highest year$1.0B2022 annual history
Latest below highest11%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$426.8M
Still below the previous high
$220.2M
Buyer demand is falling
$0.0
Product mix is concentrated
$257.4M
Tariffs and access rules
$827.0M
Buyer economy is under pressure
$827.0M

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.2Higher means bigger yearly swings
Below highest year28.1%Compared with the route's best year
Product concentration (HHI)506.60-10,000 scale; higher means fewer products dominate
Largest product share15.2%Share from the biggest product

Largest product

Electronic integrated circuits: n.e.c. in heading no. 8542

Product code HS6 854239 makes up 15.2% of exports from Canada to Thailand. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$125.3M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Canada exports to Thailand
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Electronic integrated circuits: n.e.c. in heading no. 8542HS6 854239 - six-digit product code$11.2B0%1.6High attention
2Fertilizers, mineral or chemical: potassic, potassium chlorideHS6 310420 - six-digit product code$285.8M68.1%0.8Critical attention
3Cereals: wheat and meslin, other than durum wheat, other than seedHS6 100199 - six-digit product code$947.0M33.9%0.6High attention
4Aluminium: waste and scrapHS6 760200 - six-digit product code$1.5B0%2.2High attention
5Wood pulp: chemical wood pulp, dissolving gradesHS6 470200 - six-digit product code$243.0M38.5%0.7High attention
6Ferrous waste and scrap: n.e.s. in heading no. 7204HS6 720449 - six-digit product code$470.4M0%1.9High attention
7Soya beans: other than seed, whether or not brokenHS6 120190 - six-digit product code$1.8B31.5%0.8High attention
8Paper or paperboard: waste and scrap, of unbleached kraft paper or paperboard or of corrugated paper or paperboardHS6 470710 - six-digit product code$403.4M0%2.5High attention
9Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of coniferous woodHS6 470321 - six-digit product code$127.7M63%0.4Critical attention
10Copper mattes: cement copper (precipitated copper)HS6 740100 - six-digit product code$23.1M0%1.4High attention

Buyer-market imports are total imports of that product into the buyer market, not only exports from Canada. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets13,647 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff30.6%Average tax applied to imports
Buyer economy size$506.0B2024 gross domestic product
Buyer GDP per person$7.2KCurrent-dollar measure
Buyer economy outlookBuyer economy and income contractedAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time6 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Canada export to Thailand?

Canada reported $827.0M in goods exports to Thailand in 2024.

What does "exports needing review" mean?

91.6% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.