2023
Exports
$51.4MWorld Rnk 15 / 155
Flag Rnk 433 / 1212
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$83.8MWorld Rnk 14 / 217
Flag Rnk 381 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $51.4M in Other Vegetable Oils, making it the 15th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 433rd most exported product in Thailand. The main destination of Other Vegetable Oils exports from Thailand are: Burma ($21.6M), Cambodia ($9.29M), Laos ($5.89M), China ($3.98M), and Japan ($2.95M).

The fastest growing export markets for Other Vegetable Oils of Thailand between 2022 and 2023 were Cambodia ($3.99M), Burma ($1.83M), and Netherlands ($727k).

Imports In 2023, Thailand imported $83.8M in Other Vegetable Oils, becoming the 14th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 381st most imported product in Thailand. Thailand imports Other Vegetable Oils primarily from: Indonesia ($53.6M), Malaysia ($27.5M), Germany ($546k), Japan ($361k), and China ($250k).

The fastest growing import markets in Other Vegetable Oils for Thailand between 2022 and 2023 were Chinese Taipei ($119k), France ($89.8k), and South Korea ($58.6k).

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 Other Vegetable Oils. 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)$51.4M
IMPORTS (2023)$83.8M
NET TRADE (2023)-$32.4M

In 2023, Thailand exported $51.4M in Other Vegetable Oils. The main destinations of Thailand exports on Other Vegetable Oils were Burma ($21.6M), Cambodia ($9.29M), Laos ($5.89M), China ($3.98M), and Japan ($2.95M).

In 2023, Thailand imported $83.8M in Other Vegetable Oils, mainly from Indonesia ($53.6M), Malaysia ($27.5M), Germany ($546k), Japan ($361k), and China ($250k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Cambodia$3.99M (75.4%)
Burma$1.83M (9.25%)
Netherlands$727k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Thailand WERE (2022 - 2023):
Laos-$1.48M (-20%)
Germany-$599k (-21.2%)
United States-$573k (-33.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Other Vegetable Oils were:
In 2023, Thailand's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.18M
TOP IMPORT POTENTIALMalaysia+ $8.85M

Other Vegetable Oils’s highest export potential is China. With an export gap of $4.18M.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $8.85M.

See methodology.

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