Thailand | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from Thailand totalled $ 857 million in 2023. Sales of commodity group 1511 from Thailand decreased by 32% in value terms compared to 2022. exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 414 million (cumulative exports of commodity group 1511 from Thailand amounted $1.27 billion in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.3% of total exports from Thailand (cumulative merchandise exports from Thailand totalled $ 285 billion in 2023). The share of commodity group 1511 in total exports from Thailand decreased by 0.147 p.p. compared to 2022 (it was 0.448% in 2022 and cumulative exports from Thailand were equal to $ 283 billion).
Exports of commodity group 1511 amounted to 56% of total sales of group "" from Thailand in 2023 (the value of exports of commodity group from Thailand amounted to $1.52 billion in 2023). The share of exports of commodity group 1511 in sales of commodity group from Thailand lowered by 7.23 p.p. compared to 2022 (it was 63% in 2022, and exports of commodity group from Thailand were $2 billion).
Where does Thailand export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Thailand in 2023:
- India with a share of 83% (713 million US$)
- Myanmar with a share of 12.3% (105 million US$)
- Kenya with a share of 1.97% (16.9 million US$)
- China - 8.2 million US$
- Cambodia - 7.3 million US$
- Laos - 5.24 million US$
- Pakistan - 549 thousand US$
- Vietnam - 72 thousand US$
- Hong Kong - 19.6 thousand US$
- Djibouti - 15.5 thousand US$
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Thailand in 2023 represented by the following main commodity groups:
- 85% (732 million US$): 151110 - Palm oil, crude
- 14.5% (125 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to Thailand totalled $ 335 thousand in 2023. Sales of commodity group 1511 to Thailand decreased by 52% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 373 thousand (the value of imports of commodity group 1511 to Thailand was equal to $709 thousand in 2022)
Imports of commodity group 1511 reached 0.097% of total imports of group "" to Thailand in 2023 (imports of commodity group to Thailand totalled $343 million in 2023). The share of purchases of commodity group 1511 in imports of commodity group to Thailand went down by 0.054 p.p. compared to 2022 (it was 0.152% in 2022, and imports of commodity group to Thailand accounted for $466 million).
Where does Thailand import Palm oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of Thailand in 2023:
- Malaysia with a share of 99% (335 thousand US$)
- Germany - 225 US$
- New Zealand - 25 US$
- Philippines - 24 US$
- France - 11.3 US$
- Indonesia - 3.06 US$
Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to Thailand in 2023 represented by the following main commodity groups:
- 99% (335 thousand US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 0.015% (52 US$): 151110 - Palm oil, crude
