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Where does Thailand get its crude oil? Import sources 2024

In 2024, Thailand imported $32.8 billion of crude oil (177.5 million tonnes), 2.5% of the world total. Its main sources were the United Arab Emirates (45%), Saudi Arabia (12%) and the United States (11%). Thailand was the world’s 10th-largest importer of crude oil.

Summary

Value
$32.8billion
Tonnes
177.5million tonnes
Share of world total
2.5%
World rank
10th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United Arab Emirates14.7Tonnes: 151,659,782USD per tonne: $9744.9%Sea
Saudi Arabia3.9Tonnes: 5,884,972USD per tonne: $65511.7%Sea
United States3.8Tonnes: 5,093,046USD per tonne: $73811.5%Sea
Malaysia2.4Tonnes: 3,237,739USD per tonne: $7447.3%Land
Indonesia1.8Tonnes: 2,484,558USD per tonne: $7405.6%Sea
Australia1.1Tonnes: 1,456,085USD per tonne: $7333.3%Sea
Qatar1Tonnes: 1,641,476USD per tonne: $6273.1%Sea
Nigeria0.69Tonnes: 911,749USD per tonne: $7542.1%Sea
Libya0.6Tonnes: 838,884USD per tonne: $7151.8%Sea
Vietnam0.54Tonnes: 761,301USD per tonne: $7151.7%Sea
Brunei0.49Tonnes: 738,496USD per tonne: $6671.5%Sea
Republic of the Congo0.38Tonnes: 532,694USD per tonne: $7181.2%Sea
Gabon0.26Tonnes: 330,098USD per tonne: $7760.78%Sea
Azerbaijan0.25Tonnes: 377,293USD per tonne: $6740.77%Sea
Brazil0.23Tonnes: 711,787USD per tonne: $3280.71%Sea
Angola0.23Tonnes: 296,367USD per tonne: $7850.71%Sea
Pakistan0.12Tonnes: 164,747USD per tonne: $7220.36%Sea
Philippines0.09Tonnes: 115,948USD per tonne: $7710.27%Sea
Timor-Leste0.06Tonnes: 75,886USD per tonne: $8450.2%Sea
Oman0.05Tonnes: 77,723USD per tonne: $6970.17%Sea

Trend

Who it buys from

The United Arab Emirates has been its main source since 1997

Value in USD billions. The five largest sources in 2024.

  • United Arab Emirates 14.7
  • Saudi Arabia 3.9
  • United States 3.8
  • Malaysia 2.4
  • Indonesia 1.8

Source: CEPII BACI

Show the numbers
Partner19952024
United Arab Emirates0.614.7
Saudi Arabia0.233.9
United States< 0.013.8
Malaysia0.622.4
Indonesia0.041.8

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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