GDP from manufacturing in Thailand 2012-2023

In 2023, the manufacturing sector contributed approximately 4.46 trillion Thai baht to Thailand's gross domestic product (GDP), which amounted to around 17.52 trillion Thai baht that year. In contrast to other sectors, the manufacturing sector made the largest contribution to Thailand's GDP in that particular year. The GDP value of the manufacturing sector has been fluctuating in the past decade. 

The key segments of the manufacturing sector in Thailand

Thailand is one of the largest manufacturing hubs in the world, with leading segments such as electrical and electronic appliances, automobiles and parts, and food products. As of April 2024, the manufacturing production index (MPI) of coke and refined petroleum products in Thailand was the highest among other segments. In addition, coconut milk had the highest production growth among other food products in 2024, closely followed by white sugar. 

Thailand’s exports of manufactured goods

Thailand is one of the world’s leading exporters of manufactured goods. Some of the key product categories for Thailand’s exports are electronics, electrical appliances, and automobiles. Electronic products accounted for the largest share of manufactured goods exports in the country as of April 2024, accompanied by vehicles. Thailand also exports a large volume of electrical appliances and equipment: around 70 percent of local production of such goods was aimed for exports in 2020.