USA | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from USA totalled $ 141 million in 2023. Sales of commodity group 1511 from USA decreased by 17.1% in value terms compared to 2022. exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 29 million (cumulative exports of commodity group 1511 from USA amounted $170 million in 2022)
Exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" amounted to 0.006% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 1511 in total exports from USA decreased by 0.001 p.p. compared to 2022 (it was 0.008% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).
Exports of commodity group 1511 amounted to 5.13% of total sales of group "" from USA in 2023 (the value of exports of commodity group from USA amounted to $2.74 billion in 2023). The share of exports of commodity group 1511 in sales of commodity group from USA increased by 1.21 p.p. compared to 2022 (it was 3.92% in 2022, and exports of commodity group from USA were $4.34 billion).
Where does USA export Palm oil and its fractions, whether or not refined, but not chemically modified?
Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from USA in 2023:
- Canada with a share of 91% (129 million US$)
- Mexico with a share of 7.77% (10.9 million US$)
- Korea - 186 thousand US$
- Cuba - 139 thousand US$
- Ecuador - 95 thousand US$
- Japan - 91 thousand US$
- Thailand - 64 thousand US$
- Panama - 61 thousand US$
- Chile - 51 thousand US$
- Costa Rica - 32 thousand US$
Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from USA in 2023 represented by the following main commodity groups:
- 93% (131 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 6.5% (9.19 million US$): 151110 - Palm oil, crude
The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to USA totalled $ 2.01 billion in 2023. Sales of commodity group 1511 to USA decreased by 16.5% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 401 million (the value of imports of commodity group 1511 to USA was equal to $2.42 billion in 2022)
Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.063% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 1511 in total imports to USA decreased by 0.008 p.p. compared to 2022 (it was 0.071% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).
Imports of commodity group 1511 reached 12.8% of total imports of group "" to USA in 2023 (imports of commodity group to USA totalled $15.6 billion in 2023). The share of purchases of commodity group 1511 in imports of commodity group to USA went down by 3.85 p.p. compared to 2022 (it was 16.7% in 2022, and imports of commodity group to USA accounted for $14.4 billion).
Where does USA import Palm oil and its fractions, whether or not refined, but not chemically modified from?
Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of USA in 2023:
- Indonesia with a share of 85% (1.71 billion US$)
- Malaysia with a share of 9.35% (188 million US$)
- Colombia with a share of 2.22% (44 million US$)
- Mexico - 18.2 million US$
- Ecuador - 13.8 million US$
- Singapore - 13.2 million US$
- Japan - 8.17 million US$
- Ghana - 3.87 million US$
- Brazil - 2.06 million US$
- Costa Rica - 1.3 million US$
Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to USA in 2023 represented by the following main commodity groups:
- 98% (1.99 billion US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
- 1.2% (24 million US$): 151110 - Palm oil, crude
