2022
Exports
$152MWorld Rnk 13 / 202
Flag Rnk 261 / 1211
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$69.7MWorld Rnk 28 / 224
Flag Rnk 436 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $152M in Rubber Belting, making it the 13th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 261st most exported product in Thailand. The main destination of Rubber Belting exports from Thailand are: United States ($18.4M), China ($16M), Singapore ($11.7M), Philippines ($10.1M), and Indonesia ($9.48M).

The fastest growing export markets for Rubber Belting of Thailand between 2021 and 2022 were Philippines ($4.44M), United States ($2.05M), and Indonesia ($1.46M).

Imports In 2022, Thailand imported $69.7M in Rubber Belting, becoming the 28th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 436th most imported product in Thailand. Thailand imports Rubber Belting primarily from: China ($24.8M), Japan ($9.68M), Germany ($6.83M), Poland ($6.39M), and Indonesia ($4.52M).

The fastest growing import markets in Rubber Belting for Thailand between 2021 and 2022 were China ($4.34M), South Africa ($1.19M), and United States ($731k).

COMPANIES In 2023, leading companies such as Bridgestone Tires (1) and ES Houseware (1) were at the forefront of shipping Rubber Belting 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 Rubber Belting. 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)$152M
IMPORTS (2022)$69.7M
NET TRADE (2022)$82M

In 2022, Thailand exported $152M in Rubber Belting. The main destinations of Thailand exports on Rubber Belting were United States ($18.4M), China ($16M), Singapore ($11.7M), Philippines ($10.1M), and Indonesia ($9.48M).

In 2022, Thailand imported $69.7M in Rubber Belting, mainly from China ($24.8M), Japan ($9.68M), Germany ($6.83M), Poland ($6.39M), and Indonesia ($4.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Philippines$4.44M (78.5%)
United States$2.05M (12.5%)
Indonesia$1.46M (18.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Thailand WERE (2021 - 2022):
Australia-$4.3M (-37.4%)
Chinese Taipei-$3.02M (-52.7%)
Saudi Arabia-$2.27M (-68.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Rubber Belting were:
In 2022, Thailand's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.39M
TOP IMPORT POTENTIALChina+ $6.46M

Rubber Belting’s highest export potential is United States. With an export gap of $7.39M.   Rubber Belting’s highest import potential is China with an import gap of $6.46M.

See methodology.

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