Synthetic Rubber in Thailand | The Observatory of Economic Complexity

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Exports In 2022, Thailand exported $3.04B in Synthetic Rubber, making it the 2nd largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 22nd most exported product in Thailand. The main destination of Synthetic Rubber exports from Thailand are: China ($2.69B), Malaysia ($58.1M), India ($45.3M), Japan ($38.6M), and Indonesia ($34.2M).

The fastest growing export markets for Synthetic Rubber of Thailand between 2021 and 2022 were China ($741M), India ($17.6M), and Slovakia ($7.09M).

Imports In 2022, Thailand imported $1.3B in Synthetic Rubber, becoming the 5th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 40th most imported product in Thailand. Thailand imports Synthetic Rubber primarily from: Japan ($267M), South Korea ($239M), China ($197M), Singapore ($154M), and Chinese Taipei ($101M).

The fastest growing import markets in Synthetic Rubber for Thailand between 2021 and 2022 were China ($32.2M), Russia ($14.3M), and Singapore ($12.1M).

COMPANIES In 2023, leading companies such as CONTINENTAL TIRE THE AMERICAS LLC (14), GOODYEAR TIRE & RUBBER CO. (10), and IKEA SUPPLY AG (3) were at the forefront of shipping Synthetic Rubber from Thailand to the United States.

Mar 2024

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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 Synthetic Rubber. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Growth (%)

Year

EXPORTS (2022)$3.04B

IMPORTS (2022)$1.3B

NET TRADE (2022)$1.74B

In 2022, Thailand exported $3.04B in Synthetic Rubber. The main destinations of Thailand exports on Synthetic Rubber were China ($2.69B), Malaysia ($58.1M), India ($45.3M), Japan ($38.6M), and Indonesia ($34.2M).

In 2022, Thailand imported $1.3B in Synthetic Rubber, mainly from Japan ($267M), South Korea ($239M), China ($197M), Singapore ($154M), and Chinese Taipei ($101M).