A Study Of The Comparative Advantages Of Thai Rubber Products In The Chinese Market

Natural rubber is important for industrial development and it is used in various aspects of industry. After the Chinese economic reform, the China’s economy is rapidly and continually developed. The rapid development of China’s economy increases industrial production and brings a good opportunity for industrial development especially the development of automobile industry. Therefore, it is important to support the increasing demand of natural rubber in China market.Although China has a large number of natural rubber production bases, such as Yunnan, Guangdong and other regions for rubber industrial development, China has many large agricultures and industries. Therefore, the natural rubber is insufficient for domestic industrial development and necessary to import the natural rubber from other countries such as Thailand where is one of the world’s largest natural rubber exporter. This is because Thailand has the proper geographical position and climate conditions.However, in recent years, Malaysia, Vietnam, Indonesia, and other countries have continually increasing natural rubber products and have low prices in market to compete with Thailand export market, this situation increases the pressure to Thailand natural rubber export and Thailand is facing a more difficult situation. In the present, the natural rubber industry has serious competition in international economy particularly Thailand to compete in China market and this is the important point to develop Thailand economy because of the comparative advantage of Thailand natural rubber in the international competition.This study explores about the variety of viewpoint of Thailand natural rubber industry and the problem of development this industry including analysis, research and suggestion for developing and improving Thailand natural rubber quality and expanding the important market share in China that ensures effective cooperation between Thailand and China.