2022
Exports
$5.67MWorld Rnk 61 / 152
Flag Rnk 795 / 1211
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$41.3MWorld Rnk 69 / 211
Flag Rnk 548 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $5.67M in Seed Oils, making it the 61st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 795th most exported product in Thailand. The main destination of Seed Oils exports from Thailand are: Burma ($4.9M), Vietnam ($344k), United Kingdom ($178k), Laos ($76.5k), and United Arab Emirates ($73.4k).

The fastest growing export markets for Seed Oils of Thailand between 2021 and 2022 were United Kingdom ($178k), Vietnam ($173k), and United Arab Emirates ($18.4k).

Imports In 2022, Thailand imported $41.3M in Seed Oils, becoming the 69th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 548th most imported product in Thailand. Thailand imports Seed Oils primarily from: Malaysia ($19.2M), Turkey ($10.2M), Ukraine ($6.13M), China ($3.06M), and Spain ($1.3M).

The fastest growing import markets in Seed Oils for Thailand between 2021 and 2022 were Turkey ($2.62M), Spain ($828k), and China ($562k).

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 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
EXPORTS (2022)$5.67M
IMPORTS (2022)$41.3M
NET TRADE (2022)-$35.6M

In 2022, Thailand exported $5.67M in Seed Oils. The main destinations of Thailand exports on Seed Oils were Burma ($4.9M), Vietnam ($344k), United Kingdom ($178k), Laos ($76.5k), and United Arab Emirates ($73.4k).

In 2022, Thailand imported $41.3M in Seed Oils, mainly from Malaysia ($19.2M), Turkey ($10.2M), Ukraine ($6.13M), China ($3.06M), and Spain ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United Kingdom$178k (1%)
Vietnam$173k (101%)
United Arab Emirates$18.4k (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Thailand WERE (2021 - 2022):
Malaysia-$5.24M (-100%)
Burma-$2.22M (-31.1%)
Australia-$26.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Thailand's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $241k
TOP IMPORT POTENTIALUkraine+ $5.18M

Seed Oils’s highest export potential is United Kingdom. With an export gap of $241k.   Seed Oils’s highest import potential is Ukraine with an import gap of $5.18M.

See methodology.

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