Rubber in Thailand

EXPORTS (2018): $4.63B, World Rnk 1 / 108
Flag Rnk 10 / 1201

TOP DESTINATION (2018): $1.96B, China

FASTEST GROWING MARKET (2017 - 2018): $57.3M, Vietnam

IMPORTS (2018): $8.72M, World Rnk 56 / 169
Flag Rnk 822 / 1208

TOP ORIGIN (2018): $5.18M, Burma

FASTEST GROWING ORIGIN (2017 - 2018): $289k, Vietnam

ECONOMIC COMPLEXITY of Thailand (2018): 0.93, Rnk 28 / 137

PRODUCT COMPLEXITY  IN Rubber (2018): -2.39, Rnk 1012 / 1018

Overview: This page contains the latest trade data of Rubber in Thailand.

Exports: In 2018, Thailand exported $4.63B in Rubber, making it the 1st largest exporter of Rubber in the world. At the same year, Rubber was the 10th most exported product in Thailand. The main destination of Rubber exports from Thailand are: China ($1.96B), Malaysia ($666M), Japan ($349M), United States ($309M), and South Korea ($171M).

The fastest growing export markets for Rubber of Thailand between 2017 and 2018 were Vietnam ($57.3M), Chinese Taipei ($56.2M), and Netherlands ($37M).

Imports: In 2018, Thailand imported $8.72M in Rubber, becoming the 56th largest importer of Rubber in the world. At the same year, Rubber was the 822nd most imported product in Thailand. Thailand imports Rubber primarily from: Burma ($5.18M), Malaysia ($2.17M), United States ($576k), Vietnam ($289k), and Sri Lanka ($282k).

The fastest growing import markets in Rubber for Thailand between 2017 and 2018 were Vietnam ($289k), United States ($23.7k), and Japan ($23.1k).

Tariffs: In 2015, the average tariff for Thailand in Rubber was 1.14%. The countries with the highest import tariffs for Rubber were Botswana (1.5%), Cote d'Ivoire (1.5%), Cameroon (1.5%), Republic of the Congo (1.5%), and Cape Verde (1.5%).

Value

EXPORTS (2018): $4.63B

IMPORTS (2018): $8.72M

NET TRADE (2018): $4.62B

In 2018, Thailand exported $4.63B in Rubber. The main destinations of Thailand exports on Rubber were China ($1.96B), Malaysia ($666M), Japan ($349M), United States ($309M), and South Korea ($171M).

In 2018, Thailand imported $8.72M in Rubber, mainly from Burma ($5.18M), Malaysia ($2.17M), United States ($576k), Vietnam ($289k), and Sri Lanka ($282k).

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IN 2018, Thailand HAD A POSITIVE NET TRADE IN Rubber WITH:

  • China, $1.96B ($1.96B - $14.6k)
  • Malaysia, $664M ($666M - $2.17M)
  • Japan, $349M ($349M - $106k)

IN 2018, Thailand HAD A NEGATIVE NET TRADE IN Rubber WITH:: Denmark, -$6.08k ($0 - $6.08k)

Flow

THE FASTEST GROWING Rubber EXPORT MARKETS FOR Thailand WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Thailand WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Thailand's main exporting competitors in Rubber were:

In 2018, Thailand's main importing competitors in Rubber were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Rubber in Thailand. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2015, the average tariff for Thailand in Rubber was 1.14%.

The countries with the highest tariffs for Rubber in Thailand were Botswana (1.5%), Cote d'Ivoire (1.5%), Cameroon (1.5%), Republic of the Congo (1.5%), and Cape Verde (1.5%).

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