Crude Petroleum in Thailand

EXPORTS (2018): $820M, World Rnk 45 / 120
Flag Rnk 67 / 1201

TOP DESTINATION (2018): $335M, China

FASTEST GROWING IN MARKET (2017 - 2018): $302M, Malaysia

IMPORTS (2018): $23.7B, World Rnk 12 / 148
Flag Rnk 1 / 1208

TOP ORIGIN (2018): $7.53B, United Arab Emirates

FASTEST GROWING ORIGIN (2017 - 2018): $7.53B, United Arab Emirates

ECONOMIC COMPLEXITY of Thailand (2018): 0.93, Rnk 28 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 2018, Thailand exported $820M in Crude Petroleum, making it the 45th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 67th most exported product in Thailand. The main destination of Crude Petroleum exports from Thailand are: China ($335M), Malaysia ($328M), Singapore ($86.2M), South Korea ($22.4M), and Australia ($22.4M).

The fastest growing export markets for Crude Petroleum of Thailand between 2017 and 2018 were Malaysia ($302M), China ($37.8M), and Australia ($22.4M).

Imports: In 2018, Thailand imported $23.7B in Crude Petroleum, becoming the 12th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Thailand. Thailand imports Crude Petroleum primarily from: United Arab Emirates ($7.53B), Saudi Arabia ($4.94B), Malaysia ($1.66B), Qatar ($1.57B), and Australia ($1.53B).

The fastest growing import markets in Crude Petroleum for Thailand between 2017 and 2018 were United Arab Emirates ($7.53B), Saudi Arabia ($4.94B), and Qatar ($1.57B).

Value

EXPORTS (2018): $820M

IMPORTS (2018): $23.7B

NET TRADE (2018): -$22.9B

In 2018, Thailand exported $820M in Crude Petroleum. The main destinations of Thailand exports on Crude Petroleum were China ($335M), Malaysia ($328M), Singapore ($86.2M), South Korea ($22.4M), and Australia ($22.4M).

In 2018, Thailand imported $23.7B in Crude Petroleum, mainly from United Arab Emirates ($7.53B), Saudi Arabia ($4.94B), Malaysia ($1.66B), Qatar ($1.57B), and Australia ($1.53B).

IN 2018, Thailand HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • China, $335M ($335M - $0)
  • Singapore, $86.2M ($86.2M - $0)
  • South Korea, $22.4M ($22.4M - $0)

IN 2018, Thailand HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:

  • United Arab Emirates, -$7.53B ($0 - $7.53B)
  • Saudi Arabia, -$4.94B ($0 - $4.94B)
  • Qatar, -$1.57B ($0 - $1.57B)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Thailand WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Thailand WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, Thailand's main exporting competitors in Crude Petroleum were:

In 2018, Thailand's main importing competitors in Crude Petroleum were:

Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Crude Petroleum in Thailand. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2015, the tariffs for Crude Petroleum in the imports of Thailand were of 0% around the world.

Explore Tariff Data