2022
Exports
$20.1BWorld Rnk 2 / 226
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$2.72BWorld Rnk 23 / 226
Flag Rnk 18 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $20.1B in Rubber & articles thereof, making it the 2nd largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 4th most exported product in Thailand. The main destination of Rubber & articles thereof exports from Thailand are: United States ($5.24B), China ($4.95B), Malaysia ($1.1B), Japan ($969M), and South Korea ($727M).

The fastest growing export markets for Rubber & articles thereof of Thailand between 2021 and 2022 were China ($252M), South Korea ($169M), and Vietnam ($55.3M).

Imports In 2022, Thailand imported $2.72B in Rubber & articles thereof, becoming the 23rd largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 18th most imported product in Thailand. Thailand imports Rubber & articles thereof primarily from: China ($671M), Japan ($495M), South Korea ($275M), Singapore ($174M), and Malaysia ($158M).

The fastest growing import markets in Rubber & articles thereof for Thailand between 2021 and 2022 were China ($21.5M), Russia ($14M), and Brazil ($12.8M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (772), American Omni Trading Company (744), and Linglong Tire (667) were at the forefront of shipping Rubber & articles thereof from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Rubber & articles thereof. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$20.1B
IMPORTS (2022)$2.72B
NET TRADE (2022)$17.4B

In 2022, Thailand exported $20.1B in Rubber & articles thereof. The main destinations of Thailand exports on Rubber & articles thereof were United States ($5.24B), China ($4.95B), Malaysia ($1.1B), Japan ($969M), and South Korea ($727M).

In 2022, Thailand imported $2.72B in Rubber & articles thereof, mainly from China ($671M), Japan ($495M), South Korea ($275M), Singapore ($174M), and Malaysia ($158M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$252M (5.37%)
South Korea$169M (30.2%)
Vietnam$55.3M (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Thailand WERE (2021 - 2022):
United States-$333M (-5.98%)
Malaysia-$150M (-12%)
Germany-$84.3M (-19.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Thailand's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Thailand's main importing competitors in Rubber & articles thereof were:

Explore Visualizations

Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $191M
TOP IMPORT POTENTIALChina+ $96.9M

Rubber & articles thereof’s highest export potential is Germany. With an export gap of $191M.   Rubber & articles thereof’s highest import potential is China with an import gap of $96.9M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with