Palm oil | Imports and Exports | 2023

In 2023, the world imports of "Palm oil and its fractions, whether or not refined, but not chemically modified" exceeded $39 billion (according to external trade statistics of 134 countries). It was $50 billion in the previous year (according to merchandise trade statistics of 138 countries).

There are no trade data (2023) for such importers as Vietnam (2.47% of the world imports in 2022), Korea (1.56%), Angola (0.659%), Nepal (0.482%), Rwanda (0.343%), Trinidad and Tobago (0.036%), Timor-Leste (0.026%), Mongolia (0.019%), Cambodia (0.013%), State of Palestine (0.012%), Burundi (0.008%), Lesotho (0.002%)

Top importers of Palm oil and its fractions, whether or not refined, but not chemically modified in 2023

The world's largest importers of this commodity group in 2023:

• India - 21% of the world imports ($8.78 billion)
• China - 12.7% ($5.09 billion)
• Pakistan - 7.3% ($2.92 billion)
• USA - 5.04% ($2.01 billion)
• Netherlands - 3.81% ($1.52 billion)

«Palm oil and its fractions, whether or not refined, but not chemically modified» accounted for a substantial share of total imports of

• Djibouti - 8.52% of Djibouti's total imports in 2023 ($451 million of $5.29 billion)
• Pakistan - 5.84% ($2.92 billion of $50 billion)
• Kenya - 4.48% ($833 million of $18.6 billion)
• Benin - 3.81% ($149 million of $3.9 billion)
• Myanmar - 3.81% ($627 million of $16.4 billion)
• Togo - 3.6% ($109 million of $3.04 billion)
• Mauritania - 3.22% ($155 million of $4.81 billion)

According to statistics provided by the major importers, the largest flows of imports of «Palm oil and its fractions, whether or not refined, but not chemically modified» in 2023:

• Imports to China from Indonesia (9.69% of the world imports, $3.87 billion according to external trade statistics of China)
• Imports to China from Malaysia (3.04% of the world imports, $1.21 billion according to external trade statistics of China)
• Imports to Egypt from Indonesia (2.35% of the world imports, $943 million according to external trade statistics of Egypt)
• Imports to India from Indonesia (12.2% of the world imports, $4.9 billion according to external trade statistics of India)
• Imports to India from Malaysia (6.67% of the world imports, $2.66 billion according to external trade statistics of India)
• Imports to India from Thailand (1.98% of the world imports, $794 million according to external trade statistics of India)
• Imports to Malaysia from Indonesia (1.95% of the world imports, $782 million according to external trade statistics of Malaysia)
• Imports to Pakistan from Indonesia (6.54% of the world imports, $2.61 billion according to external trade statistics of Pakistan)
• Imports to Turkey from Malaysia (1.86% of the world imports, $746 million according to external trade statistics of Turkey)
• Imports to USA from Indonesia (4.29% of the world imports, $1.71 billion according to external trade statistics of USA)

In 2023, the world exports of "Palm oil and its fractions, whether or not refined, but not chemically modified" exceeded $42 billion (according to external trade statistics of 95 countries). It was $53 billion in the previous year (according to merchandise trade statistics of 100 countries).

There are no trade data (2023) for such exporters as Nepal (0.346% of the world exports in 2022), Vietnam (0.202%), Cambodia (0.117%), Rwanda (0.107%), Australia (0.001%)

Top exporters of Palm oil and its fractions, whether or not refined, but not chemically modified in 2023

The world's largest exporters of this commodity group in 2023:

• Indonesia - 53% of the world exports ($22 billion)
• Malaysia - 28% ($11.8 billion)
• Netherlands - 2.7% ($1.14 billion)
• Thailand - 2.02% ($857 million)
• Guatemala - 1.98% ($842 million)
• Djibouti - 1.27% ($539 million)

«Palm oil and its fractions, whether or not refined, but not chemically modified» accounted for a substantial share of total exports of

• São Tomé and Principe - 33% of São Tomé and Principe's total exports in 2023 ($5.47 million of $16.5 million)
• Djibouti - 11.2% ($539 million of $4.78 billion)
• Indonesia - 8.76% ($22 billion of $258 billion)
• Guatemala - 5.9% ($842 million of $14.2 billion)
• Togo - 4.75% ($69 million of $1.45 billion)

According to statistics provided by the major exporters, the largest flows of exports of «Palm oil and its fractions, whether or not refined, but not chemically modified» in 2023:

• Exports from Indonesia to Bangladesh: (2.74% of the world exports, $1.16 billion according to external trade statistics of Indonesia)
• Exports from Indonesia to China: (8.5% of the world exports, $3.6 billion according to external trade statistics of Indonesia)
• Exports from Indonesia to Egypt: (1.88% of the world exports, $798 million according to external trade statistics of Indonesia)
• Exports from Indonesia to India: (10.6% of the world exports, $4.51 billion according to external trade statistics of Indonesia)
• Exports from Indonesia to Malaysia: (1.61% of the world exports, $684 million according to external trade statistics of Indonesia)
• Exports from Indonesia to Pakistan: (5.12% of the world exports, $2.17 billion according to external trade statistics of Indonesia)
• Exports from Indonesia to USA: (3.58% of the world exports, $1.51 billion according to external trade statistics of Indonesia)
• Exports from Malaysia to India: (5.48% of the world exports, $2.32 billion according to external trade statistics of Malaysia)
• Exports from Malaysia to Kenya: (1.69% of the world exports, $719 million according to external trade statistics of Malaysia)
• Exports from Thailand to India: (1.68% of the world exports, $713 million according to external trade statistics of Thailand)