Palm Oil in Australia | The Observatory of Economic Complexity

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Exports In 2022, Australia exported $678k in Palm Oil, making it the 92nd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 953rd most exported product in Australia. The main destination of Palm Oil exports from Australia are: New Zealand ($274k), Fiji ($150k), Sri Lanka ($119k), Malaysia ($66.2k), and Timor-Leste ($35.8k).

The fastest growing export markets for Palm Oil of Australia between 2021 and 2022 were New Zealand ($86.1k), Malaysia ($66.2k), and Fiji ($60.7k).

Imports In 2022, Australia imported $107M in Palm Oil, becoming the 65th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 341st most imported product in Australia. Australia imports Palm Oil primarily from: Malaysia ($103M), Singapore ($2.52M), New Zealand ($670k), Colombia ($246k), and Belgium ($109k).

The fastest growing import markets in Palm Oil for Australia between 2021 and 2022 were Malaysia ($25M), Singapore ($1.11M), and New Zealand ($551k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Australia to the United States.

Feb 2024

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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 Palm Oil. Countries are shown based on data availability.

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

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EXPORTS (2022)$678k

IMPORTS (2022)$107M

NET TRADE (2022)-$106M

In 2022, Australia exported $678k in Palm Oil. The main destinations of Australia exports on Palm Oil were New Zealand ($274k), Fiji ($150k), Sri Lanka ($119k), Malaysia ($66.2k), and Timor-Leste ($35.8k).

In 2022, Australia imported $107M in Palm Oil, mainly from Malaysia ($103M), Singapore ($2.52M), New Zealand ($670k), Colombia ($246k), and Belgium ($109k).