2022
Exports
$188MWorld Rnk 5 / 154
Flag Rnk 222 / 1211
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$20.1MWorld Rnk 39 / 212
Flag Rnk 705 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $188M in Coconut Oil, making it the 5th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 222nd most exported product in Thailand. The main destination of Coconut Oil exports from Thailand are: Malaysia ($177M), China ($3.04M), India ($2.1M), Japan ($1.48M), and Laos ($717k).

The fastest growing export markets for Coconut Oil of Thailand between 2021 and 2022 were Kuwait ($360k), Saudi Arabia ($94.6k), and Israel ($63.1k).

Imports In 2022, Thailand imported $20.1M in Coconut Oil, becoming the 39th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 705th most imported product in Thailand. Thailand imports Coconut Oil primarily from: Indonesia ($18.1M), Philippines ($1.32M), Australia ($178k), Cambodia ($161k), and Germany ($80.4k).

The fastest growing import markets in Coconut Oil for Thailand between 2021 and 2022 were Indonesia ($4.81M), Philippines ($255k), and Cambodia ($161k).

Latest Trends

Oct 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 Coconut 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 (2022)$188M
IMPORTS (2022)$20.1M
NET TRADE (2022)$168M

In 2022, Thailand exported $188M in Coconut Oil. The main destinations of Thailand exports on Coconut Oil were Malaysia ($177M), China ($3.04M), India ($2.1M), Japan ($1.48M), and Laos ($717k).

In 2022, Thailand imported $20.1M in Coconut Oil, mainly from Indonesia ($18.1M), Philippines ($1.32M), Australia ($178k), Cambodia ($161k), and Germany ($80.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Kuwait$360k (3.17k%)
Saudi Arabia$94.6k (520%)
Israel$63.1k (476%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Thailand WERE (2021 - 2022):
Malaysia-$34.8M (-16.4%)
India-$6.22M (-74.8%)
China-$4.62M (-60.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Coconut Oil were:
In 2022, Thailand's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.31M
TOP IMPORT POTENTIALIndonesia+ $3.95M

Coconut Oil’s highest export potential is China. With an export gap of $6.31M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $3.95M.

See methodology.

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