Coconut Oil Prices in Thailand
| Variety | Market level | Price (US$/kg) | Local (THB) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 2.24 | 77.01 | ▼ 3.8% | ▼ 18.9% | World Bank Pink Sheet |
| - | Export (unit value) | 6.50 | 223 | ▲ 18.5% | ▲ 18.5% | UN Comtrade (unit value) |
As of June 2026, the coconut oil price in Thailand available is US$ 6.50 per kg (223 THB), up 18.5% year-on-year.
Thailand is a net exporter of coconut oil, ranking 13th among 70 exporters in 2024 with exports valued at US$2.4 million (370 tonnes), accounting for 0.1% of global exports and showing a 4.9% year-on-year increase. In 2023, Thailand produced 29,300 tonnes of coconut oil, ranking 10th globally and representing 0.9% of world output, with a 2.1% annual growth. The latest export unit value is US$6.5036 per kg.
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Coconut Oil Price History & Trend
Global benchmark (world reference) price for coconut oil, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - coconut oil in Thailand
Thailand is a net exporter of coconut oil, ranking 13th among 70 exporters in 2024 with exports valued at US$2.4 million (370 tonnes), accounting for 0.1% of global exports and showing a 4.9% year-on-year increase. In 2023, Thailand produced 29,300 tonnes of coconut oil, ranking 10th globally and representing 0.9% of world output, with a 2.1% annual growth. The latest export unit value is US$6.5036 per kg.
Exports UN Comtrade · 2024
In 2024, Thailand exported $2.4M (370.3 t) of coconut oil▲ 4.9% YoY. That ranks #13 worldwide (0.1% of global exports).
Export value by year (US$)
Export volume by year
Top coconut oil exporters worldwide UN Comtrade · 2024
- #1 Philippines $1.24B · 66.4%
- #2 Indonesia $412.5M · 22.1%
- #3 Sri Lanka $65M · 3.5%
- #4 Netherlands $53.6M · 2.9%
- #5 Malaysia $15.2M · 0.8%
Annual export data Thailand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $2.4M | 370.3 t | $6.5 |
| 2023 | $2.3M | 418.2 t | $5.49 |
| 2022 | $1.7M | 321.6 t | $5.26 |
| 2021 | $1.4M | 139.3 t | $10.11 |
| 2020 | $3.6M | 374.9 t | $9.67 |
Production FAOSTAT · 2023
Thailand produced 29.3 kt of coconut oil in 2023▲ 2.1% YoY. It ranks #10 among producing countries (0.9% of world output).
Production by year (tonnes)
HS Code
coconut oil is traded under Harmonized System code 1513.11. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.