Malaysia vs Thailand: External balance on goods and services
External balance on goods and services over time
- Malaysia
- Thailand
How they compare
Malaysia currently reports 26.16 billion current US$ against 22.40 billion current US$ in Thailand, a difference of 3.75 billion current US$.
That makes Malaysia's figure about 1.2 times Thailand's.
The two have swapped places 6 times across 66 shared years of data; in 1960 it was Malaysia ahead.
Malaysia ranks 21st and Thailand ranks 24th of 192 countries.
Across the 7 decades both report, Malaysia averaged higher in 6 and Thailand in 1.
Head to head by decade
| Decade | Malaysia | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 136.87 million current US$ | -94.45 million current US$ | 231.32 million current US$ | Malaysia |
| 1970s | 558.65 million current US$ | -611.31 million current US$ | 1.17 billion current US$ | Malaysia |
| 1980s | 958.44 million current US$ | -1.21 billion current US$ | 2.17 billion current US$ | Malaysia |
| 1990s | 3.32 billion current US$ | -1.70 billion current US$ | 5.02 billion current US$ | Malaysia |
| 2000s | 29.67 billion current US$ | 10.41 billion current US$ | 19.26 billion current US$ | Malaysia |
| 2010s | 29.60 billion current US$ | 31.02 billion current US$ | 1.43 billion current US$ | Thailand |
| 2020s | 24.25 billion current US$ | 11.02 billion current US$ | 13.23 billion current US$ | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Malaysia or Thailand?
- Malaysia, at 26.16 billion current US$ against 22.40 billion current US$ in Thailand as of 2025.
- What is the difference in external balance on goods and services between Malaysia and Thailand?
- 3.75 billion current US$, with Malaysia ahead.
- How many years of comparable data are there for Malaysia and Thailand?
- 66 years are reported by both, from 1960 to 2025.
- How do Malaysia and Thailand rank globally for external balance on goods and services?
- Malaysia ranks 21st and Thailand ranks 24th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.