2023
Exports
$163MWorld Rnk 21 / 214
Flag Rnk 245 / 1212
2023
PRODUCT COMPLEXITY IN Rubber Footwear
-1.4Rnk 927 / 1025
2023
Imports
$496MWorld Rnk 20 / 222
Flag Rnk 110 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $163M in Rubber Footwear, making it the 21st largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 245th most exported product in Thailand. The main destination of Rubber Footwear exports from Thailand are: Burma ($25.3M), India ($18.4M), United States ($10.8M), Cambodia ($10.2M), and United Arab Emirates ($8.56M).

The fastest growing export markets for Rubber Footwear of Thailand between 2022 and 2023 were Libya ($1.6M), Philippines ($1.57M), and South Sudan ($1.19M).

Imports In 2023, Thailand imported $496M in Rubber Footwear, becoming the 20th largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 110th most imported product in Thailand. Thailand imports Rubber Footwear primarily from: China ($395M), Vietnam ($51.8M), Indonesia ($14.4M), Italy ($6.56M), and Singapore ($5.93M).

The fastest growing import markets in Rubber Footwear for Thailand between 2022 and 2023 were Vietnam ($31.6M), Indonesia ($5.15M), and Singapore ($3.69M).

Latest Trends

Dec 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 Footwear. 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 (2023)$163M
IMPORTS (2023)$496M
NET TRADE (2023)-$334M

In 2023, Thailand exported $163M in Rubber Footwear. The main destinations of Thailand exports on Rubber Footwear were Burma ($25.3M), India ($18.4M), United States ($10.8M), Cambodia ($10.2M), and United Arab Emirates ($8.56M).

In 2023, Thailand imported $496M in Rubber Footwear, mainly from China ($395M), Vietnam ($51.8M), Indonesia ($14.4M), Italy ($6.56M), and Singapore ($5.93M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Footwear EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Libya$1.6M (134%)
Philippines$1.57M (97.6%)
South Sudan$1.19M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Footwear BY Thailand WERE (2022 - 2023):
United States-$17.8M (-62.4%)
Italy-$7.6M (-55.5%)
United Arab Emirates-$5.05M (-37.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Rubber Footwear were:
China $21.1B
Vietnam $5.59B
Germany $1.86B
In 2023, Thailand's main importing competitors in Rubber Footwear were:

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Trade Value of Rubber Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.3M
TOP IMPORT POTENTIALChina+ $47.3M

Rubber Footwear’s highest export potential is United States. With an export gap of $21.3M.   Rubber Footwear’s highest import potential is China with an import gap of $47.3M.

See methodology.

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