2022
Exports
$36.1BWorld Rnk 7 / 226
Flag Rnk 3 / 21
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.72Rnk 19 / 1025
2022
Imports
$13.8BWorld Rnk 22 / 226
Flag Rnk 7 / 21
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $36.1B in Plastics and Rubbers, making it the 7th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 3rd most exported product in Thailand. The main destination of Plastics and Rubbers exports from Thailand are: China ($8.34B), United States ($6.55B), Japan ($2.57B), Malaysia ($1.75B), and India ($1.74B).

The fastest growing export markets for Plastics and Rubbers of Thailand between 2021 and 2022 were India ($137M), South Korea ($127M), and Burma ($61.4M).

Imports In 2022, Thailand imported $13.8B in Plastics and Rubbers, becoming the 22nd largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 7th most imported product in Thailand. Thailand imports Plastics and Rubbers primarily from: China ($5.1B), Japan ($1.84B), South Korea ($1.03B), Malaysia ($931M), and United States ($924M).

The fastest growing import markets in Plastics and Rubbers for Thailand between 2021 and 2022 were China ($744M), United States ($119M), and Saudi Arabia ($71.2M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (772), American Omni Trading Company (744), and Linglong Tire (668) were at the forefront of shipping Plastics and Rubbers from Thailand to the United States.

Latest Trends

Nov 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 Plastics and Rubbers. 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)$36.1B
IMPORTS (2022)$13.8B
NET TRADE (2022)$22.3B

In 2022, Thailand exported $36.1B in Plastics and Rubbers. The main destinations of Thailand exports on Plastics and Rubbers were China ($8.34B), United States ($6.55B), Japan ($2.57B), Malaysia ($1.75B), and India ($1.74B).

In 2022, Thailand imported $13.8B in Plastics and Rubbers, mainly from China ($5.1B), Japan ($1.84B), South Korea ($1.03B), Malaysia ($931M), and United States ($924M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
India$137M (8.56%)
South Korea$127M (14.1%)
Burma$61.4M (17.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Thailand WERE (2021 - 2022):
Malaysia-$146M (-7.73%)
United States-$98M (-1.47%)
Hong Kong-$95.6M (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Plastics and Rubbers were:
In 2022, Thailand's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $577M
TOP IMPORT POTENTIALChina+ $439M

Plastics and Rubbers’s highest export potential is India. With an export gap of $577M.   Plastics and Rubbers’s highest import potential is China with an import gap of $439M.

See methodology.

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