Refined Petroleum in Thailand | The Observatory of Economic Complexity

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Exports In 2022, Thailand exported $8.83B in Refined Petroleum, making it the 27th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Thailand. The main destination of Refined Petroleum exports from Thailand are: Cambodia ($1.83B), Singapore ($1.54B), Vietnam ($1.2B), Laos ($1.11B), and Malaysia ($917M).

The fastest growing export markets for Refined Petroleum of Thailand between 2021 and 2022 were Laos ($483M), Singapore ($460M), and Vietnam ($436M).

Imports In 2022, Thailand imported $5.82B in Refined Petroleum, becoming the 47th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most imported product in Thailand. Thailand imports Refined Petroleum primarily from: United Arab Emirates ($1.5B), Singapore ($1.07B), Kuwait ($604M), China ($561M), and Malaysia ($393M).

The fastest growing import markets in Refined Petroleum for Thailand between 2021 and 2022 were Singapore ($417M), China ($300M), and Kuwait ($285M).

COMPANIES In 2023, leading companies such as WALGREEN CO. (8) were at the forefront of shipping Refined Petroleum from Thailand to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Refined Petroleum. 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

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Trade Value

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Growth (%)

Year

EXPORTS (2022)$8.83B

IMPORTS (2022)$5.82B

NET TRADE (2022)$3.01B

In 2022, Thailand exported $8.83B in Refined Petroleum. The main destinations of Thailand exports on Refined Petroleum were Cambodia ($1.83B), Singapore ($1.54B), Vietnam ($1.2B), Laos ($1.11B), and Malaysia ($917M).

In 2022, Thailand imported $5.82B in Refined Petroleum, mainly from United Arab Emirates ($1.5B), Singapore ($1.07B), Kuwait ($604M), China ($561M), and Malaysia ($393M).

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