2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported N/A in Seed Oils, making it the 65th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 862nd most exported product in Thailand. The main destination of Seed Oils exports from Thailand are: Burma ($2.45M), Vietnam ($140k), Laos ($117k), Singapore ($67k), and Cambodia ($34.8k).

The fastest growing export markets for Seed Oils of Thailand between 2022 and 2023 were Singapore ($64.7k), Laos ($37.1k), and Philippines ($31.9k).

The fastest growing import markets in Seed Oils for Thailand between 2022 and 2023 were China ($1.86M), Turkey ($982k), and United Kingdom ($639k).

Latest Trends

Dec 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 Seed Oils. 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

In N/A, Thailand exported N/A in Seed Oils. The main destinations of Thailand exports on Seed Oils were Burma ($2.45M), Vietnam ($140k), Laos ($117k), Singapore ($67k), and Cambodia ($34.8k).

In N/A, Thailand imported N/A in Seed Oils, mainly from Malaysia ($18M), Turkey ($10.4M), China ($5.14M), Ukraine ($2.24M), and Spain ($1.28M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Singapore$64.7k (2.82k%)
Laos$37.1k (46.6%)
Philippines$31.9k (1.38k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Thailand WERE (2022 - 2023):
Burma-$2.34M (-48.8%)
Vietnam-$249k (-64.1%)
United Kingdom-$198k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, Thailand's main importing competitors in Seed Oils were:
India $2.43B
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $241k
N/AN/AN/A

Seed Oils’s highest export potential is United Kingdom. With an export gap of $241k.   Seed Oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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