HS Icon Refined Petroleum in  Flag Thailand

2021
Exports | Imports
: $7.32B | $4.8B, World Rnk 22 / 218
Flag Rnk 6 / 1209 | World Rnk 40 / 226
Flag Rnk 7 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $672M | $1.22B, Cambodia |  United Arab Emirates

2021
ECONOMIC COMPLEXITY of Thailand
: 0.97, Rnk 29 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Thailand exported $7.32B in Refined Petroleum, making it the 22nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most exported product in Thailand. The main destination of Refined Petroleum exports from Thailand are: Cambodia ($1.85B), Singapore ($1.09B), Malaysia ($830M), Vietnam ($764M), and Laos ($631M).

The fastest growing export markets for Refined Petroleum of Thailand between 2020 and 2021 were Cambodia ($672M), Singapore ($458M), and Philippines ($431M).

Imports In 2021, Thailand imported $4.8B in Refined Petroleum, becoming the 40th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most imported product in Thailand. Thailand imports Refined Petroleum primarily from: United Arab Emirates ($1.85B), Singapore ($657M), Qatar ($469M), Kuwait ($318M), and South Korea ($318M).

The fastest growing import markets in Refined Petroleum for Thailand between 2020 and 2021 were United Arab Emirates ($1.22B), Qatar ($250M), and South Korea ($117M).

Tariffs In 2015, the average tariff for Thailand in Refined Petroleum was 7.46%. The countries with the highest import tariffs for Refined Petroleum were Botswana (Most Favoured Nation duty rate treatment, 9%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 9%), Cameroon (Most Favoured Nation duty rate treatment, 9%), Republic of the Congo (Most Favoured Nation duty rate treatment, 9%), and Cape Verde (Most Favoured Nation duty rate treatment, 9%).

Subnational Monthly Trade

#permalink to section
View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $7.32B

IMPORTS (2021): $4.8B

NET TRADE (2021): $2.53B

In 2021, Thailand exported $7.32B in Refined Petroleum. The main destinations of Thailand exports on Refined Petroleum were Cambodia ($1.85B), Singapore ($1.09B), Malaysia ($830M), Vietnam ($764M), and Laos ($631M).

In 2021, Thailand imported $4.8B in Refined Petroleum, mainly from United Arab Emirates ($1.85B), Singapore ($657M), Qatar ($469M), Kuwait ($318M), and South Korea ($318M).

Explore Visualizations

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Thailand WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Thailand WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Thailand's main exporting competitors in Refined Petroleum were:

In 2021, Thailand's main importing competitors in Refined Petroleum were:

Explore Visualizations