2022
Exports
$317MWorld Rnk 1 / 153
Flag Rnk 158 / 1211
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$10.4MWorld Rnk 35 / 215
Flag Rnk 826 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $317M in Pharmaceutical Rubber Products, making it the 1st largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 158th most exported product in Thailand. The main destination of Pharmaceutical Rubber Products exports from Thailand are: China ($48.2M), United States ($28.9M), Vietnam ($17.6M), Brazil ($12.3M), and Malaysia ($11.7M).

The fastest growing export markets for Pharmaceutical Rubber Products of Thailand between 2021 and 2022 were China ($24M), Malaysia ($5.77M), and Vietnam ($5.44M).

Imports In 2022, Thailand imported $10.4M in Pharmaceutical Rubber Products, becoming the 35th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 826th most imported product in Thailand. Thailand imports Pharmaceutical Rubber Products primarily from: India ($2.53M), Malaysia ($2.01M), Ireland ($1.81M), Japan ($1.36M), and China ($1.18M).

The fastest growing import markets in Pharmaceutical Rubber Products for Thailand between 2021 and 2022 were India ($1.58M), Thailand ($352k), and Austria ($221k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pharmaceutical Rubber Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$317M
IMPORTS (2022)$10.4M
NET TRADE (2022)$307M

In 2022, Thailand exported $317M in Pharmaceutical Rubber Products. The main destinations of Thailand exports on Pharmaceutical Rubber Products were China ($48.2M), United States ($28.9M), Vietnam ($17.6M), Brazil ($12.3M), and Malaysia ($11.7M).

In 2022, Thailand imported $10.4M in Pharmaceutical Rubber Products, mainly from India ($2.53M), Malaysia ($2.01M), Ireland ($1.81M), Japan ($1.36M), and China ($1.18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$24M (99.5%)
Malaysia$5.77M (97.2%)
Vietnam$5.44M (44.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Thailand WERE (2021 - 2022):
Hong Kong-$15.6M (-76.9%)
Saudi Arabia-$13.4M (-100%)
Belarus-$4.14M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Pharmaceutical Rubber Products were:
In 2022, Thailand's main importing competitors in Pharmaceutical Rubber Products were:

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.75M
TOP IMPORT POTENTIALMalaysia+ $793k

Pharmaceutical Rubber Products’s highest export potential is Germany. With an export gap of $1.75M.   Pharmaceutical Rubber Products’s highest import potential is Malaysia with an import gap of $793k.

See methodology.

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