# Thailand HS 940421 exports | Yugalinks

Explore reported HS 940421 exports from Thailand: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Thailand |
| HS6 | 940421 |
| Latest exports | $35.5M |
| Active destinations | 55 |
| Three-year growth | -3.8% |
| Destination HHI | 2,729 |
| Weighted share | 23.5% |

## Destination markets

- China: $15.5M; share 33.8%; growth -3%
- USA, Puerto Rico and US Virgin Islands: $8.1M; share 1.2%; growth -19.2%

## Price intelligence

- Highest reported market price: Eswatini at $171.0K / ton.
- Lowest reported market price: Burkina Faso at $123.0 / ton.
- Median reported price: $6.5K / ton.
- Price spread: 2,614.4%.

## Export history

- 2010: $3.6M
- 2011: $4.6M
- 2012: $4.5M
- 2013: $6.8M
- 2014: $6.7M
- 2015: $9.2M
- 2016: $8.0M
- 2017: $11.7M
- 2018: $21.8M
- 2019: $71.6M
- 2020: $98.4M
- 2021: $39.6M
- 2022: $36.9M
- 2023: $39.7M
- 2024: $35.2M

## 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/940421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940421",
    "exporter": "https://www.yugalinks.com/trade/exporter/tha/940421",
    "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": "940421",
    "exporter_iso3": "THA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 146,
    "current_lane_count": 55,
    "active_market_count": 55,
    "exports_latest_observed_lanes_usd": 35481584.08147427,
    "exports_current_2024_usd": 35192702.294423364,
    "exports_avg_3y_usd": 37242559.41044205,
    "exports_avg_5y_usd": 49930549.18950577,
    "exports_avg_10y_usd": 37197547.76365181,
    "exports_cagr_3y_pct": -3.8325693534515093,
    "exports_cagr_5y_pct": -13.251764514100717,
    "exports_cagr_10y_pct": 18.047981911370805,
    "exports_all_year_lane_avg_usd": 15816734.828107717,
    "exports_historical_lane_peak_usd": 126101586.90489931,
    "historical_peak_year": 2020,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -21.880551264822316,
    "trend_label": "Declining",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 15522810.760558506,
    "top_market_share_pct": 43.748922609865424,
    "destination_hhi": 2729.436110063605,
    "weighted_share_latest_pct": 23.530084140496406,
    "weighted_share_change_1y_pp": -4.768160311308917,
    "weighted_volatility_cv": 1.9655674858001337,
    "weighted_max_drawdown_pct": 98.26860818913798,
    "limited_history_lane_share_pct": 37.67123287671233,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:04",
    "source": "api",
    "product": {
      "hs_code": 940421,
      "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
      "hs_chapter": 94,
      "hs_heading": 9404,
      "substitution_elasticity": -14.420295,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404,
    "destinations": [
      {
        "hs_code": 940421,
        "corridor_rank": 39,
        "exporter_iso3": "THA",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 15522810.760558506,
        "exports_all_year_avg_usd": 6204806.778482034,
        "exports_avg_3y_usd": 17339118.698361795,
        "exports_avg_5y_usd": 18535831.17456121,
        "exports_avg_10y_usd": 15434321.17637974,
        "exports_cagr_3y_pct": -2.9605792583239032,
        "exports_cagr_5y_pct": -12.249388564389275,
        "exports_cagr_10y_pct": 46.46383992476972,
        "exports_historical_peak_usd": 29834557.90184536,
        "buyer_imports_latest_observed_usd": 45872904.99402672,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 58.333333333333336,
        "trend_acceleration_pct": -49.424419183093626,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 14.2885,
        "buyer_yoy_all_avg_pct": 23.3585,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 33.838735006164946,
        "market_share_change_1y_pp": -15.93425293547704,
        "peer_best_share_pct": 35.90341791269151,
        "peer_top_exporter": "NZL",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 2523.11,
        "distance_km": 3303.890869140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.28196241672909084,
        "tariff_advantage_pp": 0.245208827109899,
        "volatility_cv": 1.4693536082780276,
        "max_drawdown_pct": 98.7889466224167,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 940421,
        "corridor_rank": 72,
        "exporter_iso3": "THA",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8139093.651305977,
        "exports_all_year_avg_usd": 5480347.622428213,
        "exports_avg_3y_usd": 11036231.416356716,
        "exports_avg_5y_usd": 24073747.66648379,
        "exports_avg_10y_usd": 15874120.651534814,
        "exports_cagr_3y_pct": -19.210030053729042,
        "exports_cagr_5y_pct": -26.54268555721343,
        "exports_cagr_10y_pct": 46.10574403948331,
        "exports_historical_peak_usd": 71825148.14118963,
        "buyer_imports_latest_observed_usd": 666490302.3414315,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 31.03448275862069,
        "trend_acceleration_pct": -65.31577409321235,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -21.0991,
        "buyer_yoy_all_avg_pct": 17.9635,
        "buyer_trend_consistency_pct": 86.2069,
        "market_share_latest_pct": 1.22118710845645,
        "market_share_change_1y_pp": -0.13513139574056865,
        "peer_best_share_pct": 35.38662986766282,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 1794.72,
        "distance_km": 13943.3994140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023629779354080806,
        "tariff_advantage_pp": 0.036985947777434344,
        "volatility_cv": 2.64997070565344,
        "max_drawdown_pct": 99.98409335496827,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "THA",
      "hs_code": 940421,
      "num_markets": 91,
      "highest_price_importer_iso3": "SWZ",
      "highest_price_usd_per_ton": 171000,
      "lowest_price_importer_iso3": "BFA",
      "lowest_price_usd_per_ton": 123,
      "median_price_across_markets": 6536.058619359815,
      "price_spread_pct": 2614.3737373141375,
      "avg_quantity_metric_tons": 223.75659126984135,
      "total_trade_value_usd": 268047232
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 3558543.1397871464,
        "active_destinations": 64,
        "yoy_growth_pct": 58.71851704858477
      },
      {
        "year": 2011,
        "export_value_usd": 4614066.983651814,
        "active_destinations": 63,
        "yoy_growth_pct": 29.661684638950415
      },
      {
        "year": 2012,
        "export_value_usd": 4462213.267303879,
        "active_destinations": 68,
        "yoy_growth_pct": -3.291103421037674
      },
      {
        "year": 2013,
        "export_value_usd": 6779523.447888822,
        "active_destinations": 57,
        "yoy_growth_pct": 51.93185627331274
      },
      {
        "year": 2014,
        "export_value_usd": 6696794.090846239,
        "active_destinations": 70,
        "yoy_growth_pct": -1.2202827776684801
      },
      {
        "year": 2015,
        "export_value_usd": 9172169.075066801,
        "active_destinations": 53,
        "yoy_growth_pct": 36.96358213557918
      },
      {
        "year": 2016,
        "export_value_usd": 8028936.124987281,
        "active_destinations": 55,
        "yoy_growth_pct": -12.464150417671995
      },
      {
        "year": 2017,
        "export_value_usd": 11702929.228122942,
        "active_destinations": 52,
        "yoy_growth_pct": 45.7594013197045
      },
      {
        "year": 2018,
        "export_value_usd": 21779721.65697176,
        "active_destinations": 48,
        "yoy_growth_pct": 86.10487368097206
      },
      {
        "year": 2019,
        "export_value_usd": 71638975.60384047,
        "active_destinations": 56,
        "yoy_growth_pct": 228.92512003664015
      },
      {
        "year": 2020,
        "export_value_usd": 98354837.50693664,
        "active_destinations": 51,
        "yoy_growth_pct": 37.292356120268096
      },
      {
        "year": 2021,
        "export_value_usd": 39570230.209266074,
        "active_destinations": 46,
        "yoy_growth_pct": -59.76788614339858
      },
      {
        "year": 2022,
        "export_value_usd": 36853768.368816964,
        "active_destinations": 52,
        "yoy_growth_pct": -6.864912905694953
      },
      {
        "year": 2023,
        "export_value_usd": 39681207.56808582,
        "active_destinations": 61,
        "yoy_growth_pct": 7.672049085925316
      },
      {
        "year": 2024,
        "export_value_usd": 35192702.294423364,
        "active_destinations": 55,
        "yoy_growth_pct": -11.311413005667701
      }
    ],
    "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": "940421",
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404
  },
  "destinations": [
    {
      "hs_code": 940421,
      "corridor_rank": 39,
      "exporter_iso3": "THA",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 15522810.760558506,
      "exports_all_year_avg_usd": 6204806.778482034,
      "exports_avg_3y_usd": 17339118.698361795,
      "exports_avg_5y_usd": 18535831.17456121,
      "exports_avg_10y_usd": 15434321.17637974,
      "exports_cagr_3y_pct": -2.9605792583239032,
      "exports_cagr_5y_pct": -12.249388564389275,
      "exports_cagr_10y_pct": 46.46383992476972,
      "exports_historical_peak_usd": 29834557.90184536,
      "buyer_imports_latest_observed_usd": 45872904.99402672,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 58.333333333333336,
      "trend_acceleration_pct": -49.424419183093626,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 14.2885,
      "buyer_yoy_all_avg_pct": 23.3585,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 33.838735006164946,
      "market_share_change_1y_pp": -15.93425293547704,
      "peer_best_share_pct": 35.90341791269151,
      "peer_top_exporter": "NZL",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 2523.11,
      "distance_km": 3303.890869140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.28196241672909084,
      "tariff_advantage_pp": 0.245208827109899,
      "volatility_cv": 1.4693536082780276,
      "max_drawdown_pct": 98.7889466224167,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 940421,
      "corridor_rank": 72,
      "exporter_iso3": "THA",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8139093.651305977,
      "exports_all_year_avg_usd": 5480347.622428213,
      "exports_avg_3y_usd": 11036231.416356716,
      "exports_avg_5y_usd": 24073747.66648379,
      "exports_avg_10y_usd": 15874120.651534814,
      "exports_cagr_3y_pct": -19.210030053729042,
      "exports_cagr_5y_pct": -26.54268555721343,
      "exports_cagr_10y_pct": 46.10574403948331,
      "exports_historical_peak_usd": 71825148.14118963,
      "buyer_imports_latest_observed_usd": 666490302.3414315,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 31.03448275862069,
      "trend_acceleration_pct": -65.31577409321235,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -21.0991,
      "buyer_yoy_all_avg_pct": 17.9635,
      "buyer_trend_consistency_pct": 86.2069,
      "market_share_latest_pct": 1.22118710845645,
      "market_share_change_1y_pp": -0.13513139574056865,
      "peer_best_share_pct": 35.38662986766282,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 77,
      "buyer_market_hhi": 1794.72,
      "distance_km": 13943.3994140625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023629779354080806,
      "tariff_advantage_pp": 0.036985947777434344,
      "volatility_cv": 2.64997070565344,
      "max_drawdown_pct": 99.98409335496827,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "THA",
    "hs_code": 940421,
    "num_markets": 91,
    "highest_price_importer_iso3": "SWZ",
    "highest_price_usd_per_ton": 171000,
    "lowest_price_importer_iso3": "BFA",
    "lowest_price_usd_per_ton": 123,
    "median_price_across_markets": 6536.058619359815,
    "price_spread_pct": 2614.3737373141375,
    "avg_quantity_metric_tons": 223.75659126984135,
    "total_trade_value_usd": 268047232
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 3558543.1397871464,
      "active_destinations": 64,
      "yoy_growth_pct": 58.71851704858477
    },
    {
      "year": 2011,
      "export_value_usd": 4614066.983651814,
      "active_destinations": 63,
      "yoy_growth_pct": 29.661684638950415
    },
    {
      "year": 2012,
      "export_value_usd": 4462213.267303879,
      "active_destinations": 68,
      "yoy_growth_pct": -3.291103421037674
    },
    {
      "year": 2013,
      "export_value_usd": 6779523.447888822,
      "active_destinations": 57,
      "yoy_growth_pct": 51.93185627331274
    },
    {
      "year": 2014,
      "export_value_usd": 6696794.090846239,
      "active_destinations": 70,
      "yoy_growth_pct": -1.2202827776684801
    },
    {
      "year": 2015,
      "export_value_usd": 9172169.075066801,
      "active_destinations": 53,
      "yoy_growth_pct": 36.96358213557918
    },
    {
      "year": 2016,
      "export_value_usd": 8028936.124987281,
      "active_destinations": 55,
      "yoy_growth_pct": -12.464150417671995
    },
    {
      "year": 2017,
      "export_value_usd": 11702929.228122942,
      "active_destinations": 52,
      "yoy_growth_pct": 45.7594013197045
    },
    {
      "year": 2018,
      "export_value_usd": 21779721.65697176,
      "active_destinations": 48,
      "yoy_growth_pct": 86.10487368097206
    },
    {
      "year": 2019,
      "export_value_usd": 71638975.60384047,
      "active_destinations": 56,
      "yoy_growth_pct": 228.92512003664015
    },
    {
      "year": 2020,
      "export_value_usd": 98354837.50693664,
      "active_destinations": 51,
      "yoy_growth_pct": 37.292356120268096
    },
    {
      "year": 2021,
      "export_value_usd": 39570230.209266074,
      "active_destinations": 46,
      "yoy_growth_pct": -59.76788614339858
    },
    {
      "year": 2022,
      "export_value_usd": 36853768.368816964,
      "active_destinations": 52,
      "yoy_growth_pct": -6.864912905694953
    },
    {
      "year": 2023,
      "export_value_usd": 39681207.56808582,
      "active_destinations": 61,
      "yoy_growth_pct": 7.672049085925316
    },
    {
      "year": 2024,
      "export_value_usd": 35192702.294423364,
      "active_destinations": 55,
      "yoy_growth_pct": -11.311413005667701
    }
  ],
  "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
  }
}
```