HS Icon Rubber in  Flag Thailand

2020
Exports | Imports
: $3.66B | $10.4M, World Rnk 1 / 114
Flag Rnk 12 / 1202 | World Rnk 53 / 192
Flag Rnk 778 / 1210

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $70M | $379k, Malaysia |  Sri Lanka

2020
ECONOMIC COMPLEXITY of Thailand
: 0.91, Rnk 30 / 127

2020
PRODUCT COMPLEXITY  IN Rubber
: -2.28, Rnk 1021 / 1029

Exports In 2020, Thailand exported $3.66B in Rubber, making it the 1st largest exporter of Rubber in the world. At the same year, Rubber was the 12th most exported product in Thailand. The main destination of Rubber exports from Thailand are: China ($1.28B), Malaysia ($716M), United States ($277M), Japan ($258M), and South Korea ($134M).

The fastest growing export markets for Rubber of Thailand between 2019 and 2020 were Malaysia ($70M), Vietnam ($12.1M), and Indonesia ($6.99M).

Imports In 2020, Thailand imported $10.4M in Rubber, becoming the 53rd largest importer of Rubber in the world. At the same year, Rubber was the 778th most imported product in Thailand. Thailand imports Rubber primarily from: Burma ($6.57M), Malaysia ($1.88M), Vietnam ($852k), Sri Lanka ($379k), and United States ($329k).

The fastest growing import markets in Rubber for Thailand between 2019 and 2020 were Sri Lanka ($379k), Vietnam ($271k), and Malaysia ($183k).

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

Subnational Monthly Trade

#permalink to section
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. Countries are shown based on data availability.

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

Explore Latest Trends

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $3.66B

IMPORTS (2020): $10.4M

NET TRADE (2020): $3.65B

In 2020, Thailand exported $3.66B in Rubber. The main destinations of Thailand exports on Rubber were China ($1.28B), Malaysia ($716M), United States ($277M), Japan ($258M), and South Korea ($134M).

In 2020, Thailand imported $10.4M in Rubber, mainly from Burma ($6.57M), Malaysia ($1.88M), Vietnam ($852k), Sri Lanka ($379k), and United States ($329k).

Explore Visualizations

Flow

THE FASTEST GROWING Rubber EXPORT MARKETS FOR Thailand WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Thailand WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2020, Thailand's main exporting competitors in Rubber were:

In 2020, Thailand's main importing competitors in Rubber were:

Explore Visualizations