How much natural rubber does Thailand produce and export?
Thailand is the largest producer of natural rubber: 4.8 million tonnes in 2024, 32% of the world's 14.8 million tonnes (FAOSTAT). It is the largest exporter by value: $5.1 billion in 2024, 30% of world exports of natural rubber (HS 4001) (CEPII BACI). Its biggest customer is China, which takes 29% of its natural rubber exports by value.
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Thailand's natural rubber production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 1 | 4.8 million tonnes | 32% | +0.5% a year | 2024 |
FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 27% | 32% | 28% | 34% | 32% |
Thailand's natural rubber exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $5.1 billion | 30% | 2.8 million t | $1,831 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 4001 (Natural rubber, balata, gutta-percha, in primary forms or plates).
Where Thailand's natural rubber goes
| Destination | Value | Share of Thailand's exports |
|---|---|---|
| China | $1.5B | 29% |
| Malaysia | $580M | 11% |
| United States | $565M | 11% |
| Japan | $514M | 10% |
| India | $218M | 4.2% |
The natural rubber price Thailand sells into
The benchmark price, TSR20, SGX/SICOM, was $2.41/kg in September 2026, up 39% over twelve months. Its five-year volatility is 16% a year, calmer in 4% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Natural rubber price history.
Cite as: Commodity Origins, "Thailand natural rubber: production, exports and prices", https://commodityorigins.com/countries/THA/natural-rubber/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.