Australia's trade and economic relationship with Thailand has grown strongly since the beginning of the Thailand-Australia Free Trade Agreement (TAFTA).
Two-way trade reached $20.7 billion in 2019 making Thailand Australia's 8th largest trading partner.
Exports to Thailand from Australia totalled $6.1 billion in 2019 consistently predominantly of gold, crude petroleum, coal and aluminium, but interestingly education related travel exports reached a new high of $757 million.
TAFTA has also improved business mobility, encouraged international best practice, strengthened transparency, and promoted bilateral cooperation in a range of areas including government procurement, customs procedures, intellectual property protection and competition policy.
| Population | 67.8 million (2018) |
| GDP | $ 529 billion (2019) |
| GDP per Capita (nominal) | $ 7,792 (2019) |
| GDP growth | 2.9% (2019) |
| Inflation | 0.9% (2019) |
| Key Industries | Goods vehicles, motor vehicles, machinery parts, food processing |
| Import Partners | China 20.0%, Japan 14.2%, , USA 6.1%, Australia (13th) 2.4% (2019) |
| Export Partners | China 12.0%, USA 11.1%, Japan 9.9%, Australia (7th) 4.3% (2019) |
