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Who buys Thailand’s natural rubber? Export destinations 2024

In 2024, Thailand exported $5.1 billion of natural rubber (2.8 million tonnes), 30.7% of the world total. Its main destinations were China (28%), Malaysia (13%) and the United States (11%). Thailand was the world’s largest exporter of natural rubber.

Summary

Value
$5.1billion
Tonnes
2.8million tonnes
Share of world total
30.7%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.5Tonnes: 897,591USD per tonne: $1,62128.4%Sea
Malaysia0.67Tonnes: 355,880USD per tonne: $1,89213.1%Land
United States0.57Tonnes: 264,538USD per tonne: $2,16411.2%Sea
Japan0.5Tonnes: 243,672USD per tonne: $2,0589.8%Sea
India0.22Tonnes: 109,553USD per tonne: $1,9914.3%Sea
South Korea0.21Tonnes: 120,967USD per tonne: $1,7614.2%Sea
Turkey0.15Tonnes: 84,270USD per tonne: $1,7642.9%Sea
Vietnam0.13Tonnes: 76,900USD per tonne: $1,7242.6%Sea
Spain0.12Tonnes: 61,220USD per tonne: $1,9502.3%Sea
Brazil0.12Tonnes: 58,350USD per tonne: $2,0262.3%Sea
France0.09Tonnes: 39,513USD per tonne: $2,2281.7%Sea
Italy0.08Tonnes: 38,316USD per tonne: $2,0361.5%Sea
Romania0.07Tonnes: 34,713USD per tonne: $2,1151.4%Sea
Germany0.07Tonnes: 39,972USD per tonne: $1,7371.4%Sea
Cambodia0.05Tonnes: 30,465USD per tonne: $1,8001.1%Land
Canada0.05Tonnes: 28,117USD per tonne: $1,8581%Sea
Taiwan0.05Tonnes: 25,590USD per tonne: $2,0121%Sea
Serbia0.05Tonnes: 23,673USD per tonne: $2,0350.94%Sea
Slovakia0.05Tonnes: 21,956USD per tonne: $2,1060.9%Sea
Sri Lanka0.04Tonnes: 23,337USD per tonne: $1,8450.84%Sea

Trend

Who it sells to

China has been its main destination since 2006

Value in USD billions. The five largest destinations in 2024.

  • China 1.5
  • Malaysia 0.67
  • United States 0.57
  • Japan 0.5
  • India 0.22

Source: CEPII BACI

Show the numbers
Partner19952024
China0.211.5
Malaysia0.170.67
United States0.480.57
Japan0.790.5
India0.030.22

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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