2022
Exports
$7.2BWorld Rnk 2 / 203
Flag Rnk 9 / 1211
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$465MWorld Rnk 43 / 225
Flag Rnk 127 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $7.2B in Rubber Tires, making it the 2nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 9th most exported product in Thailand. The main destination of Rubber Tires exports from Thailand are: United States ($3.55B), Australia ($291M), South Korea ($273M), Japan ($261M), and Malaysia ($232M).

The fastest growing export markets for Rubber Tires of Thailand between 2021 and 2022 were United States ($328M), Vietnam ($54.1M), and Malaysia ($49.3M).

Imports In 2022, Thailand imported $465M in Rubber Tires, becoming the 43rd largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 127th most imported product in Thailand. Thailand imports Rubber Tires primarily from: China ($178M), Japan ($52.6M), Indonesia ($30.2M), United States ($24M), and India ($23.8M).

The fastest growing import markets in Rubber Tires for Thailand between 2021 and 2022 were Japan ($11.3M), Indonesia ($5.82M), and Vietnam ($3.13M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (621), American Omni Trading Company (347), and Linglong Tire (281) were at the forefront of shipping Rubber Tires 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 Tires. 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)$7.2B
IMPORTS (2022)$465M
NET TRADE (2022)$6.73B

In 2022, Thailand exported $7.2B in Rubber Tires. The main destinations of Thailand exports on Rubber Tires were United States ($3.55B), Australia ($291M), South Korea ($273M), Japan ($261M), and Malaysia ($232M).

In 2022, Thailand imported $465M in Rubber Tires, mainly from China ($178M), Japan ($52.6M), Indonesia ($30.2M), United States ($24M), and India ($23.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$328M (10.2%)
Vietnam$54.1M (31.7%)
Malaysia$49.3M (27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Thailand WERE (2021 - 2022):
China-$45.6M (-27.9%)
Egypt-$22.1M (-30.8%)
Russia-$19.2M (-27.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Rubber Tires were:
China $19.6B
Germany $5.83B
In 2022, Thailand's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $103M
TOP IMPORT POTENTIALChina+ $66.9M

Rubber Tires’s highest export potential is Germany. With an export gap of $103M.   Rubber Tires’s highest import potential is China with an import gap of $66.9M.

See methodology.

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