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Exports In 2022, Thailand exported $5.25k in Olive Oil, making it the 67th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1188th most exported product in Thailand. The main destination of Olive Oil exports from Thailand are: United Arab Emirates ($3.79k), Germany ($534), Maldives ($415), Seychelles ($407), and Burma ($47).

The fastest growing export markets for Olive Oil of Thailand between 2021 and 2022 were United Arab Emirates ($3.76k), Germany ($534), and Seychelles ($327).

Imports In 2022, Thailand imported $2.06M in Olive Oil, becoming the 44th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 1041st most imported product in Thailand. Thailand imports Olive Oil primarily from: Spain ($1.8M), Italy ($186k), Turkey ($59.7k), Greece ($18k), and China ($2.38k).

The fastest growing import markets in Olive Oil for Thailand between 2021 and 2022 were Spain ($887k), Italy ($143k), and Turkey ($59.7k).

COMPANIES In 2023, leading companies such as IKEA Group (1) were at the forefront of shipping Olive Oil from Thailand to the United States.

Latest Trends

Aug 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 Olive 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)$5.25k
IMPORTS (2022)$2.06M
NET TRADE (2022)-$2.06M

In 2022, Thailand exported $5.25k in Olive Oil. The main destinations of Thailand exports on Olive Oil were United Arab Emirates ($3.79k), Germany ($534), Maldives ($415), Seychelles ($407), and Burma ($47).

In 2022, Thailand imported $2.06M in Olive Oil, mainly from Spain ($1.8M), Italy ($186k), Turkey ($59.7k), Greece ($18k), and China ($2.38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United Arab Emirates$3.76k (13.9k%)
Germany$534 (1%)
Seychelles$327 (409%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Thailand WERE (2021 - 2022):
Ghana-$18.3k (-100%)
South Korea-$2.54k (-99.1%)
Maldives-$1.65k (-79.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Thailand's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Arab Emirates+ $1.65k
TOP IMPORT POTENTIALItaly+ $97.5k

Olive Oil’s highest export potential is United Arab Emirates. With an export gap of $1.65k.   Olive Oil’s highest import potential is Italy with an import gap of $97.5k.

See methodology.

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