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2022
Exports $49.7kWorld Rnk 41 / 99
Flag Rnk 1152 / 1211
2022
Destination $18k Laos
2021 - 2022
FASTEST GROWING MARKET $18kLaos
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $102kWorld Rnk 60 / 185
Flag Rnk 1175 / 1210
2022
Origin $13.8k United States
2021 - 2022
FASTEST GROWING ORIGIN $13.8kIndia
2022
ECONOMIC COMPLEXITY of Thailand0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $49.7k in Ground Nut Oil, making it the 41st largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1152nd most exported product in Thailand. The main destination of Ground Nut Oil exports from Thailand are: Laos ($31.6k), Germany ($8.62k), Kuwait ($3.33k), Hong Kong ($2.97k), and Colombia ($1.44k).

The fastest growing export markets for Ground Nut Oil of Thailand between 2021 and 2022 were Laos ($18k), Kuwait ($3.33k), and Hong Kong ($2.97k).

Imports In 2022, Thailand imported $102k in Ground Nut Oil, becoming the 60th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1175th most imported product in Thailand. Thailand imports Ground Nut Oil primarily from: United States ($87.6k), India ($13.9k), Brazil ($702), and France ($8).

The fastest growing import markets in Ground Nut Oil for Thailand between 2021 and 2022 were India ($13.8k) and Brazil ($702).

Latest Trends

Oct 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 Ground Nut 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)$49.7k
IMPORTS (2022)$102k
NET TRADE (2022)-$52.5k

In 2022, Thailand exported $49.7k in Ground Nut Oil. The main destinations of Thailand exports on Ground Nut Oil were Laos ($31.6k), Germany ($8.62k), Kuwait ($3.33k), Hong Kong ($2.97k), and Colombia ($1.44k).

In 2022, Thailand imported $102k in Ground Nut Oil, mainly from United States ($87.6k), India ($13.9k), Brazil ($702), and France ($8).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Laos$18k (133%)
Kuwait$3.33k (1%)
Hong Kong$2.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Thailand WERE (2021 - 2022):
Germany-$12.9k (-60%)
Vietnam-$5.26k (-100%)
Austria-$1.62k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Thailand's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.68k
TOP IMPORT POTENTIALIndia+ $27.8k

Ground Nut Oil’s highest export potential is Germany. With an export gap of $4.68k.   Ground Nut Oil’s highest import potential is India with an import gap of $27.8k.

See methodology.

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