HS Icon Crude Petroleum in  Flag Thailand

2020
Exports | Imports
: $395M | $15B, World Rnk 46 / 132
Flag Rnk 111 / 1202 | World Rnk 11 / 145
Flag Rnk 1 / 1210

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $8.99M | $756M, Vietnam |  Russia

2020
ECONOMIC COMPLEXITY of Thailand
: 0.91, Rnk 30 / 127

2020
PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.2, Rnk 1018 / 1029

Exports In 2020, Thailand exported $395M in Crude Petroleum, making it the 46th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 111th most exported product in Thailand. The main destination of Crude Petroleum exports from Thailand are: China ($185M), Malaysia ($149M), Singapore ($47.4M), Vietnam ($9.21M), and Indonesia ($5M).

The fastest growing export markets for Crude Petroleum of Thailand between 2019 and 2020 were Vietnam ($8.99M), Indonesia ($5M), and Maldives ($56.2k).

Imports In 2020, Thailand imported $15B in Crude Petroleum, becoming the 11th 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 ($3.84B), Saudi Arabia ($2.65B), United States ($1.37B), Angola ($1.09B), and Nigeria ($984M).

The fastest growing import markets in Crude Petroleum for Thailand between 2019 and 2020 were Russia ($756M), Nigeria ($683M), and Angola ($557M).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Crude Petroleum. 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

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EXPORTS (2020): $395M

IMPORTS (2020): $15B

NET TRADE (2020): -$14.6B

In 2020, Thailand exported $395M in Crude Petroleum. The main destinations of Thailand exports on Crude Petroleum were China ($185M), Malaysia ($149M), Singapore ($47.4M), Vietnam ($9.21M), and Indonesia ($5M).

In 2020, Thailand imported $15B in Crude Petroleum, mainly from United Arab Emirates ($3.84B), Saudi Arabia ($2.65B), United States ($1.37B), Angola ($1.09B), and Nigeria ($984M).

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THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Thailand WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Thailand WERE (2019 - 2020):

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Market Concentration

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In 2020, Thailand's main exporting competitors in Crude Petroleum were:

In 2020, Thailand's main importing competitors in Crude Petroleum were:

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