2022
Exports
$24.6MWorld Rnk 23 / 118
Flag Rnk 560 / 1211
2022
PRODUCT COMPLEXITY IN Fish oil
-1.83Rnk 985 / 1025
2022
Imports
$15.8MWorld Rnk 31 / 171
Flag Rnk 751 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $24.6M in Fish oil, making it the 23rd largest exporter of Fish oil in the world. At the same year, Fish oil was the 560th most exported product in Thailand. The main destination of Fish oil exports from Thailand are: China ($5.6M), Japan ($5.49M), Australia ($3.73M), United Kingdom ($2.76M), and Malaysia ($2.57M).

The fastest growing export markets for Fish oil of Thailand between 2021 and 2022 were China ($1.39M), Germany ($1.24M), and Malaysia ($989k).

Imports In 2022, Thailand imported $15.8M in Fish oil, becoming the 31st largest importer of Fish oil in the world. At the same year, Fish oil was the 751st most imported product in Thailand. Thailand imports Fish oil primarily from: Chile ($5.83M), New Zealand ($2.25M), Australia ($2.02M), China ($1.52M), and Iceland ($786k).

The fastest growing import markets in Fish oil for Thailand between 2021 and 2022 were Australia ($848k), New Zealand ($366k), and China ($331k).

Latest Trends

Jul 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 Fish 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 (2022)$24.6M
IMPORTS (2022)$15.8M
NET TRADE (2022)$8.81M

In 2022, Thailand exported $24.6M in Fish oil. The main destinations of Thailand exports on Fish oil were China ($5.6M), Japan ($5.49M), Australia ($3.73M), United Kingdom ($2.76M), and Malaysia ($2.57M).

In 2022, Thailand imported $15.8M in Fish oil, mainly from Chile ($5.83M), New Zealand ($2.25M), Australia ($2.02M), China ($1.52M), and Iceland ($786k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Fish oil EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
China$1.39M (33.1%)
Germany$1.24M (355%)
Malaysia$989k (62.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fish oil BY Thailand WERE (2021 - 2022):
Japan-$1.38M (-20.1%)
Switzerland-$765k (-100%)
Australia-$175k (-4.48%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Fish oil were:
Peru $556M
Chile $249M
In 2022, Thailand's main importing competitors in Fish oil were:

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Trade Value of Fish oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.11M
TOP IMPORT POTENTIALChina+ $686k

Fish oil’s highest export potential is China. With an export gap of $2.11M.   Fish oil’s highest import potential is China with an import gap of $686k.

See methodology.

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