# Thailand HS 401039 exports | Yugalinks

Explore reported HS 401039 exports from Thailand: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Thailand |
| HS6 | 401039 |
| Latest exports | $59.8M |
| Active destinations | 150 |
| Three-year growth | -6.7% |
| Destination HHI | 638 |
| Weighted share | 13.3% |

## Destination markets

- Singapore: $8.9M; share 33.7%; growth -7.8%
- USA, Puerto Rico and US Virgin Islands: $7.3M; share 3.1%; growth +13%
- China: $5.0M; share 5.8%; growth -23.7%
- Philippines: $4.0M; share 23.9%; growth +6.8%
- Viet Nam: $3.9M; share 12%; growth -5%

## Price intelligence

- Highest reported market price: Ecuador at $566.2K / ton.
- Lowest reported market price: Ghana at $247.1 / ton.
- Median reported price: $18.8K / ton.
- Price spread: 3,018.3%.

## Export history

- 2010: $48.2M
- 2011: $56.6M
- 2012: $64.4M
- 2013: $69.1M
- 2014: $65.2M
- 2015: $62.7M
- 2016: $65.7M
- 2017: $73.8M
- 2018: $70.9M
- 2019: $64.8M
- 2020: $53.8M
- 2021: $73.6M
- 2022: $71.1M
- 2023: $58.8M
- 2024: $59.7M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/tha/401039",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401039",
    "exporter": "https://www.yugalinks.com/trade/exporter/tha/401039",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "401039",
    "exporter_iso3": "THA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 189,
    "current_lane_count": 150,
    "active_market_count": 150,
    "exports_latest_observed_lanes_usd": 59819744.223642476,
    "exports_current_2024_usd": 59696102.44453173,
    "exports_avg_3y_usd": 63192521.55518737,
    "exports_avg_5y_usd": 63391517.473387316,
    "exports_avg_10y_usd": 65498459.116115645,
    "exports_cagr_3y_pct": -6.7289572589383955,
    "exports_cagr_5y_pct": -1.6332331797916377,
    "exports_cagr_10y_pct": -0.8814745247679778,
    "exports_all_year_lane_avg_usd": 39852404.26007081,
    "exports_historical_lane_peak_usd": 116187743.71155843,
    "historical_peak_year": 2017,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -5.847482734170418,
    "trend_label": "Declining",
    "top_market_iso3": "SGP",
    "top_market_exports_usd": 8891841.233701637,
    "top_market_share_pct": 14.864391931297035,
    "destination_hhi": 638.0912971265607,
    "weighted_share_latest_pct": 13.286706572419625,
    "weighted_share_change_1y_pp": 0.4306070569392848,
    "weighted_volatility_cv": 0.9309852901209066,
    "weighted_max_drawdown_pct": 80.64655406109759,
    "limited_history_lane_share_pct": 9.523809523809524,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:04",
    "source": "api",
    "product": {
      "hs_code": 401039,
      "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -3.1384215,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
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        "corridor_rank": 34,
        "exporter_iso3": "THA",
        "importer_iso3": "SGP",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8891841.233701637,
        "exports_all_year_avg_usd": 7699412.047283708,
        "exports_avg_3y_usd": 9414312.74151405,
        "exports_avg_5y_usd": 9535791.0023763,
        "exports_avg_10y_usd": 10499082.818600208,
        "exports_cagr_3y_pct": -7.766901666288506,
        "exports_cagr_5y_pct": -2.108325726865412,
        "exports_cagr_10y_pct": -0.9999318880756003,
        "exports_historical_peak_usd": 14456069.606281023,
        "buyer_imports_latest_observed_usd": 26403630.288977258,
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        "buyer_yoy_all_avg_pct": 3.1942,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 33.67658589513625,
        "market_share_change_1y_pp": 0.014543637709905965,
        "peer_best_share_pct": 33.67658589513625,
        "peer_top_exporter": "THA",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1868.85,
        "distance_km": 1433.9361572265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.0035649841120444447,
        "tariff_advantage_pp": 0.0035649841120444447,
        "volatility_cv": 0.4980830427939159,
        "max_drawdown_pct": 43.94485189960793,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "exporter_iso3": "THA",
        "importer_iso3": "USA",
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        "exports_latest_observed_usd": 7297914.215527084,
        "exports_all_year_avg_usd": 1290670.709320262,
        "exports_avg_3y_usd": 5497789.799978805,
        "exports_avg_5y_usd": 4844523.010279944,
        "exports_avg_10y_usd": 3487626.013414414,
        "exports_cagr_3y_pct": 13.011665677376971,
        "exports_cagr_5y_pct": 15.292055401588334,
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        "market_share_change_1y_pp": 1.0469366506713174,
        "peer_best_share_pct": 31.608326347552584,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 80,
        "buyer_market_hhi": 1539.65,
        "distance_km": 13943.3994140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023629779354080806,
        "tariff_advantage_pp": 0.036985947777434344,
        "volatility_cv": 1.4863541748499929,
        "max_drawdown_pct": 99.999924242366,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "importer_iso3": "CHN",
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        "exports_all_year_avg_usd": 4125539.8118644995,
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        "exports_avg_5y_usd": 8377059.85350506,
        "exports_avg_10y_usd": 8375901.277421069,
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        "peer_best_share_pct": 33.297158318131615,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 68,
        "buyer_market_hhi": 1552.96,
        "distance_km": 3303.890869140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.28196241672909084,
        "tariff_advantage_pp": 0.245208827109899,
        "volatility_cv": 0.9349299008718235,
        "max_drawdown_pct": 92.44965126338039,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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        "importer_iso3": "PHL",
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        "exports_avg_10y_usd": 3296705.39141964,
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        "buyer_market_hhi": 1287.52,
        "distance_km": 2210.01513671875,
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        "attention_level": "Stable",
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        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
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      },
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        "exporter_iso3": "THA",
        "importer_iso3": "VNM",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 3944526.0747761363,
        "exports_all_year_avg_usd": 2784040.906917802,
        "exports_avg_3y_usd": 3748921.990782628,
        "exports_avg_5y_usd": 4035201.109070377,
        "exports_avg_10y_usd": 4925556.165034631,
        "exports_cagr_3y_pct": -5.01612623813431,
        "exports_cagr_5y_pct": -4.064982457881605,
        "exports_cagr_10y_pct": -1.9841387201874339,
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        "buyer_imports_latest_observed_usd": 32899630.58269342,
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        "buyer_yoy_latest_pct": 20.8824,
        "buyer_yoy_all_avg_pct": 15.2195,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 11.989575581590636,
        "market_share_change_1y_pp": 1.749923860662232,
        "peer_best_share_pct": 47.60119522652673,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 47,
        "buyer_market_hhi": 2754.86,
        "distance_km": 990.7018432617188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.15199240541618356,
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        "volatility_cv": 0.8703198484810362,
        "max_drawdown_pct": 74.63344594853372,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "THA",
      "hs_code": 401039,
      "num_markets": 176,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 566181.141439206,
      "lowest_price_importer_iso3": "GHA",
      "lowest_price_usd_per_ton": 247.05474705474705,
      "median_price_across_markets": 18750,
      "price_spread_pct": 3018.315129024807,
      "avg_quantity_metric_tons": 37.35685261707991,
      "total_trade_value_usd": 331222889
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        "export_value_usd": 48209298.08994587,
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        "yoy_growth_pct": 36.74626504292877
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      {
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      {
        "year": 2015,
        "export_value_usd": 62741199.78281311,
        "active_destinations": 143,
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      {
        "year": 2016,
        "export_value_usd": 65710849.026851416,
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        "yoy_growth_pct": 4.733172547414037
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        "year": 2017,
        "export_value_usd": 73838235.33021957,
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      {
        "year": 2018,
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      {
        "year": 2019,
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      {
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        "year": 2022,
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      {
        "year": 2024,
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        "active_destinations": 150,
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    "economy": {
      "year": 2024,
      "country_iso3": "THA",
      "exports_usd": 316458612225.3191,
      "imports_usd": 294570880160.14734,
      "trade_balance_usd": 21887732065.171753,
      "yoy_exports_growth_pct": 5.726307574868916,
      "yoy_imports_growth_pct": 4.577429002820077,
      "exports_cagr_3y_pct": 3.504245869099565,
      "imports_cagr_3y_pct": 4.338067103757526,
      "export_partner_hhi": 686.5812466252876,
      "export_product_hhi": 86.87573739752274,
      "momentum_score": 5.05968906313811,
      "risk_score": 3.8672849201140513,
      "gdp_million_usd": 526517.6588416838,
      "gdp_per_capita_usd": 7346.620221421852,
      "population": 71668011,
      "labor_force": 39001.28,
      "investment_rate_pct": 25.53,
      "savings_rate_pct": 30.71,
      "secondary_education_pct": 64.74,
      "tertiary_education_pct": 16.51,
      "total_factor_productivity": 624.29,
      "trade_openness_pct": 107.7358548698931,
      "exports_gdp_pct": 55.79753439712314,
      "num_active_partners": 270,
      "num_fta_partners": 19,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 9265.954732510289,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 7.037037037037037,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": 0.13091645019914364,
      "avg_mfn_tariff_pct": 0.13618033022805762,
      "avg_preferential_tariff_pct": 0.03961265687055532,
      "tariff_advantage_pp": 0.0965676733575023,
      "avg_distance_all_partners_km": 9441.493428220634,
      "num_border_partners": 100,
      "num_colonial_partners": 0,
      "avg_substitution_elasticity": -10.727776563638582,
      "pct_products_high_elasticity": 75.77537593984962,
      "pct_products_low_elasticity": 2.702067669172932,
      "real_market_potential": 202663.29086346712,
      "foreign_market_potential": 8699.24551448406
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "401039",
    "hs_description": "Rubber: vulcanised, conveyor or transmission belts or belting, n.e.c. in heading no. 4010",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [
    {
      "hs_code": 401039,
      "corridor_rank": 34,
      "exporter_iso3": "THA",
      "importer_iso3": "SGP",
      "latest_data_year": 2024,
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}
```