Export of Soybean Oil from Thailand
Soybean Oil is categorized under HS code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, and the data is presented accordingly.
Export overview
As of 2023, Thailand ranked #4 in global exports of Soybean Oil. Thailand accounts for approximately 7.6% of the total global export value of Soybean Oil, with an export value of 203,128,532 USD.
The top countries importing Soybean Oil from Thailand include World, Philippines, Cambodia, Indonesia, Vietnam.
Export trend
Thailand's export value of Soybean Oil has increased by 222.9% over the past 5 years, rising from 62,907,553 USD in 2019 to 203,128,532 USD in 2023.
The export data for Thailand Soybean Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, which covers a specific classification for Soybean Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Soybean Oil in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
770
Exporters
12
Importers
60
Major exporters of Thailand Soybean Oil in 2024
THAI PINNACLE
Thailand
THAI PINNACLE THAILAND
Thailand
THANAKORN VEGETABLE OIL PRODUCTS
Thailand
THAI VEGETABLE OIL PUBLIC
Thailand
VMI INTERNATIONAL
Thailand
Major importers of Thailand Soybean Oil in 2024
OYLIS INTERNATIONAL
Bangladesh
KIDO GROUP
Vietnam
EMAMI AGROTECH
India
AN DUONG MANUFACTURING AND TRADING
Vietnam
BNBKOREA
South Korea
Historical export price trends
The export price of Soybean Oil from Thailand has fluctuated over the past 2 years. In 2023, the price varied between 0.26 USD per kg and 2.06 USD per kg. In 2024, the prices continued to fluctuate, ranging from 0.57 USD per kg to 2.02 USD per kg.
The export transaction data for Thailand Soybean Oil is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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