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%).