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Exports In 2023, Thailand exported $17k in Olive Oil, making it the 52nd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1172nd most exported product in Thailand. The main destination of Olive Oil exports from Thailand are: Maldives ($15.6k), Germany ($1.19k), Seychelles ($145), Fiji ($69), and South Korea ($19).

The fastest growing export markets for Olive Oil of Thailand between 2022 and 2023 were Maldives ($15.2k), Germany ($615), and Fiji ($69).

Imports In 2023, Thailand imported $2.28M in Olive Oil, becoming the 37th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1021st most imported product in Thailand. Thailand imports Olive Oil primarily from: Spain ($1.95M), Turkey ($225k), Italy ($70.7k), Peru ($39k), and Singapore ($819).

The fastest growing import markets in Olive Oil for Thailand between 2022 and 2023 were Spain ($767k), Turkey ($198k), and Peru ($39k).

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 Olive 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)$17k
IMPORTS (2023)$2.28M
NET TRADE (2023)-$2.27M

In 2023, Thailand exported $17k in Olive Oil. The main destinations of Thailand exports on Olive Oil were Maldives ($15.6k), Germany ($1.19k), Seychelles ($145), Fiji ($69), and South Korea ($19).

In 2023, Thailand imported $2.28M in Olive Oil, mainly from Spain ($1.95M), Turkey ($225k), Italy ($70.7k), Peru ($39k), and Singapore ($819).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Maldives$15.2k (3.75k%)
Germany$615 (107%)
Fiji$69 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Thailand WERE (2022 - 2023):
United Arab Emirates-$4.03k (-100%)
Seychelles-$243 (-62.6%)
Burma-$49 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Thailand's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $1.65k
TOP IMPORT POTENTIALItaly+ $97.5k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $1.65k.   Olive Oil’s highest import potential is Italy with an import gap of $97.5k.

See methodology.

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