2023
Exports
$116kWorld Rnk 79 / 160
Flag Rnk 1120 / 1212
2023
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.73Rnk 765 / 1025
2023
Imports
$26.3MWorld Rnk 37 / 221
Flag Rnk 615 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $116k in Pure Olive Oil, making it the 79th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 1120th most exported product in Thailand. The main destination of Pure Olive Oil exports from Thailand are: United States ($22.4k), Cambodia ($19.9k), Laos ($18.8k), Maldives ($15.7k), and Hong Kong ($8.2k).

The fastest growing export markets for Pure Olive Oil of Thailand between 2022 and 2023 were United States ($9.68k), Philippines ($6.95k), and Hong Kong ($4.69k).

Imports In 2023, Thailand imported $26.3M in Pure Olive Oil, becoming the 37th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 615th most imported product in Thailand. Thailand imports Pure Olive Oil primarily from: Spain ($16.5M), Italy ($8.07M), Turkey ($532k), Greece ($441k), and Tunisia ($407k).

The fastest growing import markets in Pure Olive Oil for Thailand between 2022 and 2023 were Spain ($3.6M), Italy ($592k), and Turkey ($130k).

Latest Trends

Jan 2025

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 Pure 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 (2023)$116k
IMPORTS (2023)$26.3M
NET TRADE (2023)-$26.2M

In 2023, Thailand exported $116k in Pure Olive Oil. The main destinations of Thailand exports on Pure Olive Oil were United States ($22.4k), Cambodia ($19.9k), Laos ($18.8k), Maldives ($15.7k), and Hong Kong ($8.2k).

In 2023, Thailand imported $26.3M in Pure Olive Oil, mainly from Spain ($16.5M), Italy ($8.07M), Turkey ($532k), Greece ($441k), and Tunisia ($407k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
United States$9.68k (76.3%)
Philippines$6.95k (1%)
Hong Kong$4.69k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Thailand WERE (2022 - 2023):
Vietnam-$129k (-95.4%)
Canada-$54.3k (-100%)
Cambodia-$25.5k (-56.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Pure Olive Oil were:
Spain $4.69B
Italy $2.14B
Greece $1.35B
In 2023, Thailand's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $35.3k
TOP IMPORT POTENTIALItaly+ $1.02M

Pure Olive Oil’s highest export potential is United States. With an export gap of $35.3k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $1.02M.

See methodology.

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