2022
Exports
$60.9MWorld Rnk 92 / 210
Flag Rnk 7 / 85
2022
PRODUCT COMPLEXITY IN Animal or vegetable fats, oils, & waxes
0.8Rnk 244 / 1025
2022
Imports
$91.7MWorld Rnk 127 / 224
Flag Rnk 24 / 94

About

Exports In 2022, Palestine exported $60.9M in Animal or vegetable fats, oils, & waxes, making it the 92nd largest exporter of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 7th most exported product in Palestine. The main destination of Animal or vegetable fats, oils, & waxes exports from Palestine are: United Arab Emirates ($11M), United States ($10.5M), Kuwait ($9.95M), Saudi Arabia ($7.68M), and Israel ($7.3M).

The fastest growing export markets for Animal or vegetable fats, oils, & waxes of Palestine between 2021 and 2022 were Kuwait ($4.05M), United States ($2.46M), and Israel ($1.8M).

Imports In 2022, Palestine imported $91.7M in Animal or vegetable fats, oils, & waxes, becoming the 127th largest importer of Animal or vegetable fats, oils, & waxes in the world. At the same year, Animal or vegetable fats, oils, & waxes was the 24th most imported product in Palestine. Palestine imports Animal or vegetable fats, oils, & waxes primarily from: Turkey ($34.9M), Egypt ($19.6M), Israel ($15.6M), Ukraine ($6.2M), and Russia ($2.7M).

The fastest growing import markets in Animal or vegetable fats, oils, & waxes for Palestine between 2021 and 2022 were Turkey ($20.3M), Russia ($1.8M), and Belgium ($1.45M).

COMPANIES In 2023, leading companies such as Chevron (1) were at the forefront of shipping Animal or vegetable fats, oils, & waxes from Palestine to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal or vegetable fats, oils, & waxes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$60.9M
IMPORTS (2022)$91.7M
NET TRADE (2022)-$30.8M

In 2022, Palestine exported $60.9M in Animal or vegetable fats, oils, & waxes. The main destinations of Palestine exports on Animal or vegetable fats, oils, & waxes were United Arab Emirates ($11M), United States ($10.5M), Kuwait ($9.95M), Saudi Arabia ($7.68M), and Israel ($7.3M).

In 2022, Palestine imported $91.7M in Animal or vegetable fats, oils, & waxes, mainly from Turkey ($34.9M), Egypt ($19.6M), Israel ($15.6M), Ukraine ($6.2M), and Russia ($2.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal or vegetable fats, oils, & waxes EXPORT MARKETS FOR Palestine WERE (2021 - 2022):
Kuwait$4.05M (68.8%)
United States$2.46M (30.5%)
Israel$1.8M (32.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal or vegetable fats, oils, & waxes BY Palestine WERE (2021 - 2022):
Netherlands-$519k (-12.3%)
Oman-$397k (-45.7%)
Australia-$392k (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Palestine' main exporting competitors in Animal or vegetable fats, oils, & waxes were:
In 2022, Palestine' main importing competitors in Animal or vegetable fats, oils, & waxes were:

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Trade Value of Animal or vegetable fats, oils, & waxes by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Animal or vegetable fats, oils, & waxes’s highest export potential is N/A. With an export gap of N/A.   Animal or vegetable fats, oils, & waxes’s highest import potential is N/A with an import gap of N/A.

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