Palm Oil in Thailand | The Observatory of Economic Complexity

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Exports In 2022, Thailand exported $1.31B in Palm Oil, making it the 3rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 49th most exported product in Thailand. The main destination of Palm Oil exports from Thailand are: India ($1.11B), Burma ($131M), Kenya ($16.1M), Cambodia ($9.56M), and Netherlands ($8.19M).

The fastest growing export markets for Palm Oil of Thailand between 2021 and 2022 were India ($501M), Burma ($83.6M), and Netherlands ($8.19M).

Imports In 2022, Thailand imported $14.2M in Palm Oil, becoming the 118th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 777th most imported product in Thailand. Thailand imports Palm Oil primarily from: Malaysia ($13.9M), Indonesia ($181k), Sweden ($69.9k), United States ($46.7k), and Singapore ($13.1k).

The fastest growing import markets in Palm Oil for Thailand between 2021 and 2022 were Sweden ($27k), Singapore ($13k), and India ($73).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil 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 Palm 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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EXPORTS (2022)$1.31B

IMPORTS (2022)$14.2M

NET TRADE (2022)$1.3B

In 2022, Thailand exported $1.31B in Palm Oil. The main destinations of Thailand exports on Palm Oil were India ($1.11B), Burma ($131M), Kenya ($16.1M), Cambodia ($9.56M), and Netherlands ($8.19M).

In 2022, Thailand imported $14.2M in Palm Oil, mainly from Malaysia ($13.9M), Indonesia ($181k), Sweden ($69.9k), United States ($46.7k), and Singapore ($13.1k).