2023
Exports
$112MWorld Rnk 8 / 151
Flag Rnk 292 / 1212
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$9.93MWorld Rnk 51 / 210
Flag Rnk 818 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $112M in Coconut Oil, making it the 8th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 292nd most exported product in Thailand. The main destination of Coconut Oil exports from Thailand are: Malaysia ($76.6M), India ($21.4M), China ($3.35M), Ecuador ($2.51M), and Japan ($1.06M).

The fastest growing export markets for Coconut Oil of Thailand between 2022 and 2023 were India ($20.4M), Ecuador ($2.51M), and Sri Lanka ($585k).

Imports In 2023, Thailand imported $9.93M in Coconut Oil, becoming the 51st largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 818th most imported product in Thailand. Thailand imports Coconut Oil primarily from: Indonesia ($9.47M), Australia ($186k), Burma ($60.3k), Philippines ($50.2k), and Germany ($43.4k).

The fastest growing import markets in Coconut Oil for Thailand between 2022 and 2023 were Burma ($60.3k), Chinese Taipei ($21k), and Netherlands ($14.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Coconut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$112M
IMPORTS (2023)$9.93M
NET TRADE (2023)$102M

In 2023, Thailand exported $112M in Coconut Oil. The main destinations of Thailand exports on Coconut Oil were Malaysia ($76.6M), India ($21.4M), China ($3.35M), Ecuador ($2.51M), and Japan ($1.06M).

In 2023, Thailand imported $9.93M in Coconut Oil, mainly from Indonesia ($9.47M), Australia ($186k), Burma ($60.3k), Philippines ($50.2k), and Germany ($43.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
India$20.4M (2.15k%)
Ecuador$2.51M (1%)
Sri Lanka$585k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Thailand WERE (2022 - 2023):
Malaysia-$132M (-63.3%)
China-$1.04M (-23.6%)
Hong Kong-$221k (-33.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Coconut Oil were:
In 2023, Thailand's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.31M
TOP IMPORT POTENTIALIndonesia+ $3.95M

Coconut Oil’s highest export potential is China. With an export gap of $6.31M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $3.95M.

See methodology.

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