2022
Exports
$386MWorld Rnk 1 / 111
Flag Rnk 138 / 1211
2022
PRODUCT COMPLEXITY IN Rubber Thread
0.38Rnk 414 / 1025
2022
Imports
$3.49MWorld Rnk 34 / 194
Flag Rnk 986 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $386M in Rubber Thread, making it the 1st largest exporter of Rubber Thread in the world. At the same year, Rubber Thread was the 138th most exported product in Thailand. The main destination of Rubber Thread exports from Thailand are: China ($233M), Vietnam ($16.3M), Bangladesh ($13M), Indonesia ($12.1M), and Iran ($11M).

The fastest growing export markets for Rubber Thread of Thailand between 2021 and 2022 were Iran ($5.04M), Italy ($2.48M), and Turkey ($1.41M).

Imports In 2022, Thailand imported $3.49M in Rubber Thread, becoming the 34th largest importer of Rubber Thread in the world. At the same year, Rubber Thread was the 986th most imported product in Thailand. Thailand imports Rubber Thread primarily from: China ($3.24M), Singapore ($142k), Czechia ($47k), Malaysia ($24.9k), and Australia ($19k).

The fastest growing import markets in Rubber Thread for Thailand between 2021 and 2022 were China ($576k), Singapore ($90.2k), and Czechia ($45.8k).

COMPANIES In 2023, leading companies such as Continental Tire (17), LG Electronics (9), and Goodyear Tire and Rubber (1) were at the forefront of shipping Rubber Thread from Thailand to the United States.

Latest Trends

Sep 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 Thread. 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)$386M
IMPORTS (2022)$3.49M
NET TRADE (2022)$383M

In 2022, Thailand exported $386M in Rubber Thread. The main destinations of Thailand exports on Rubber Thread were China ($233M), Vietnam ($16.3M), Bangladesh ($13M), Indonesia ($12.1M), and Iran ($11M).

In 2022, Thailand imported $3.49M in Rubber Thread, mainly from China ($3.24M), Singapore ($142k), Czechia ($47k), Malaysia ($24.9k), and Australia ($19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Thread EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Iran$5.04M (85.2%)
Italy$2.48M (33%)
Turkey$1.41M (22.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Thread BY Thailand WERE (2021 - 2022):
China-$43.6M (-15.7%)
Indonesia-$3.22M (-21%)
Egypt-$2.91M (-43.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Thread by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALMalaysia+ $74.9k

Rubber Thread’s highest export potential is United States. With an export gap of $1.09M.   Rubber Thread’s highest import potential is Malaysia with an import gap of $74.9k.

See methodology.

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