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Who buys Thailand’s refined petroleum products? Export destinations 2024

In 2024, Thailand exported $7.2 billion of refined petroleum products (9.8 million tonnes), 0.8% of the world total. Its main destinations were Laos (17%), Singapore (17%) and Cambodia (15%). Thailand was the world’s 30th-largest exporter of refined petroleum products.

Summary

Value
$7.2billion
Tonnes
9.8million tonnes
Share of world total
0.8%
World rank
30th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Laos1.2Tonnes: 1,514,090USD per tonne: $82317.3%Land
Singapore re-exports1.2Tonnes: 1,728,658USD per tonne: $72017.2%Sea
Cambodia1.1Tonnes: 1,501,620USD per tonne: $70514.7%Sea
Vietnam0.8Tonnes: 1,019,163USD per tonne: $79011.2%Sea
Malaysia0.68Tonnes: 1,335,283USD per tonne: $5069.4%Sea
Myanmar0.52Tonnes: 565,158USD per tonne: $9257.2%Sea
South Korea0.38Tonnes: 482,783USD per tonne: $7915.3%Sea
Bangladesh0.25Tonnes: 333,757USD per tonne: $7453.5%Sea
Philippines0.24Tonnes: 271,294USD per tonne: $8833.3%Sea
China0.23Tonnes: 307,116USD per tonne: $7603.2%Sea
Hong Kong re-exports0.14Tonnes: 323,275USD per tonne: $4331.9%Sea
Indonesia0.12Tonnes: 137,462USD per tonne: $8801.7%Sea
Japan0.07Tonnes: 100,069USD per tonne: $7481%Sea
Taiwan0.04Tonnes: 64,015USD per tonne: $6360.56%Sea
Australia0.03Tonnes: 21,950USD per tonne: $1,5500.47%Sea
Russia0.02Tonnes: 5,336USD per tonne: $3,3440.25%Sea
United States0.02Tonnes: 24,184USD per tonne: $6750.23%Sea
India0.02Tonnes: 21,061USD per tonne: $7230.21%Sea
South Africa0.01Tonnes: 20,785USD per tonne: $6900.2%Sea
United Arab Emirates0.01Tonnes: 3,458USD per tonne: $3,2020.15%Sea

Trend

Who it sells to

Laos has been its main destination since 2024

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

  • Laos 1.2
  • Singapore 1.2
  • Cambodia 1.1
  • Vietnam 0.8
  • Malaysia 0.68

Source: CEPII BACI

Show the numbers
Partner19952024
Laos0.041.2
Singapore0.061.2
Cambodia0.011.1
Vietnam0.020.8
Malaysia< 0.010.68

Sources and methodology

Other products of this country

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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