Crude Petroleum in Thailand | The Observatory of Economic Complexity

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Exports In 2022, Thailand exported $507M in Crude Petroleum, making it the 50th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 112th most exported product in Thailand. The main destination of Crude Petroleum exports from Thailand are: Malaysia ($329M), China ($143M), Singapore ($34.1M), Spain ($141), and Seychelles ($132).

The fastest growing export markets for Crude Petroleum of Thailand between 2021 and 2022 were Malaysia ($280M), Spain ($141), and Seychelles ($132).

Imports In 2022, Thailand imported $32.8B 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 ($12.9B), Saudi Arabia ($4.54B), United States ($2.24B), Malaysia ($1.97B), and Libya ($1.67B).

The fastest growing import markets in Crude Petroleum for Thailand between 2021 and 2022 were United Arab Emirates ($6.95B), United States ($1.42B), and Australia ($1.08B).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Thailand to the United States.

Feb 2024

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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 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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EXPORTS (2022)$507M

IMPORTS (2022)$32.8B

NET TRADE (2022)-$32.3B

In 2022, Thailand exported $507M in Crude Petroleum. The main destinations of Thailand exports on Crude Petroleum were Malaysia ($329M), China ($143M), Singapore ($34.1M), Spain ($141), and Seychelles ($132).

In 2022, Thailand imported $32.8B in Crude Petroleum, mainly from United Arab Emirates ($12.9B), Saudi Arabia ($4.54B), United States ($2.24B), Malaysia ($1.97B), and Libya ($1.67B).