HS Icon Silicone in  Flag Thailand

2020
Exports | Imports
: $225M | $154M, World Rnk 10 / 146
Flag Rnk 168 / 1202 | World Rnk 13 / 213
Flag Rnk 237 / 1210

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.01M | $3.01M, Mexico |  Japan

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

2020
PRODUCT COMPLEXITY  IN Silicone
: 1.74, Rnk 21 / 1029

Exports In 2020, Thailand exported $225M in Silicone, making it the 10th largest exporter of Silicone in the world. At the same year, Silicone was the 168th most exported product in Thailand. The main destination of Silicone exports from Thailand are: China ($73.7M), United States ($24.1M), Netherlands ($21.3M), South Korea ($19.1M), and Vietnam ($15.8M).

The fastest growing export markets for Silicone of Thailand between 2019 and 2020 were Mexico ($1.01M), Brazil ($871k), and Philippines ($755k).

Imports In 2020, Thailand imported $154M in Silicone, becoming the 13th largest importer of Silicone in the world. At the same year, Silicone was the 237th most imported product in Thailand. Thailand imports Silicone primarily from: Japan ($58.9M), China ($35.6M), United States ($17.4M), South Korea ($11.4M), and Germany ($10M).

The fastest growing import markets in Silicone for Thailand between 2019 and 2020 were Japan ($3.01M), Belgium ($690k), and China ($657k).

Tariffs In 2015, the average tariff for Thailand in Silicone was 1.9%. The countries with the highest import tariffs for Silicone were Botswana (Most Favoured Nation duty rate treatement, 2.5%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 2.5%), Cameroon (Most Favoured Nation duty rate treatement, 2.5%), Republic of the Congo (Most Favoured Nation duty rate treatement, 2.5%), and Cape Verde (Most Favoured Nation duty rate treatement, 2.5%).

Subnational Monthly Trade

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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 Silicone. 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

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EXPORTS (2020): $225M

IMPORTS (2020): $154M

NET TRADE (2020): $71.2M

In 2020, Thailand exported $225M in Silicone. The main destinations of Thailand exports on Silicone were China ($73.7M), United States ($24.1M), Netherlands ($21.3M), South Korea ($19.1M), and Vietnam ($15.8M).

In 2020, Thailand imported $154M in Silicone, mainly from Japan ($58.9M), China ($35.6M), United States ($17.4M), South Korea ($11.4M), and Germany ($10M).

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

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

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Market Concentration

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

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

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