2021
Exports | Imports
$5.62B | $26.7MWorld Rnk 1 / 128
Flag Rnk 10 / 1209
World Rnk 46 / 197
Flag Rnk 618 / 1208
2021
ECONOMIC COMPLEXITY of Thailand
0.97Rnk 29 / 131
2021
PRODUCT COMPLEXITY IN Rubber
-2.34Rnk 1010 / 1024

About

Exports In 2021, Thailand exported $5.62B 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 ($1.94B), Malaysia ($820M), United States ($477M), Japan ($413M), and South Korea ($216M).

The fastest growing export markets for Rubber of Thailand between 2020 and 2021 were China ($659M), United States ($200M), and Japan ($154M).

Imports In 2021, Thailand imported $26.7M in Rubber, becoming the 46th largest importer of Rubber in the world. At the same year, Rubber was the 618th most imported product in Thailand. Thailand imports Rubber primarily from: Burma ($21.1M), Malaysia ($2.71M), Vietnam ($1.67M), United States ($846k), and Sri Lanka ($153k).

The fastest growing import markets in Rubber for Thailand between 2020 and 2021 were Burma ($14.6M), Malaysia ($837k), and Vietnam ($815k).

Latest Trends

Dec 2023

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 Rubber. 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 (2021)$5.62B
IMPORTS (2021)$26.7M
NET TRADE (2021)$5.6B

In 2021, Thailand exported $5.62B in Rubber. The main destinations of Thailand exports on Rubber were China ($1.94B), Malaysia ($820M), United States ($477M), Japan ($413M), and South Korea ($216M).

In 2021, Thailand imported $26.7M in Rubber, mainly from Burma ($21.1M), Malaysia ($2.71M), Vietnam ($1.67M), United States ($846k), and Sri Lanka ($153k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Thailand WERE (2020 - 2021):
China$659M (51.5%)
United States$200M (72.3%)
Japan$154M (59.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Thailand WERE (2020 - 2021):
Latvia-$10.8M (-67.9%)
Iran-$4.06M (-13.3%)
Serbia-$2.14M (-23.4%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Thailand's main exporting competitors in Rubber were:
In 2021, Thailand's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

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