2018
Exports
$8.75MWorld Rnk 59 / 149
Flag Rnk 762 / 1211
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2018
Imports
$70.8MWorld Rnk 77 / 208
Flag Rnk 436 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2018, Austria exported $8.75M in Palm Oil, making it the 59th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 762nd most exported product in Austria. The main destination of Palm Oil exports from Austria are: Netherlands ($3.63M), Romania ($1.32M), Hungary ($868k), Germany ($793k), and Italy ($721k).

The fastest growing export markets for Palm Oil of Austria between 2021 and 2022 were Netherlands ($2.53M), Czechia ($373k), and Slovenia ($310k).

Imports In 2022, Austria imported $70.8M in Palm Oil, becoming the 77th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 436th most imported product in Austria. Austria imports Palm Oil primarily from: Netherlands ($43.9M), Germany ($12.5M), Italy ($5.53M), Sweden ($5.13M), and Spain ($1.99M).

The fastest growing import markets in Palm Oil for Austria between 2021 and 2022 were Netherlands ($17M), Germany ($2.99M), and Belgium ($509k).

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 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.75M
IMPORTS (2022)$70.8M
NET TRADE (2022)-$62M

In 2022, Austria exported $8.75M in Palm Oil. The main destinations of Austria exports on Palm Oil were Netherlands ($3.63M), Romania ($1.32M), Hungary ($868k), Germany ($793k), and Italy ($721k).

In 2022, Austria imported $70.8M in Palm Oil, mainly from Netherlands ($43.9M), Germany ($12.5M), Italy ($5.53M), Sweden ($5.13M), and Spain ($1.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Netherlands$2.53M (231%)
Czechia$373k (329%)
Slovenia$310k (401%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Austria WERE (2021 - 2022):
Hungary-$1.94M (-69%)
Estonia-$205k (-100%)
Russia-$140k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Palm Oil were:
In 2022, Austria' main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.47M
TOP IMPORT POTENTIALGermany+ $3.19M

Palm Oil’s highest export potential is Italy. With an export gap of $1.47M.   Palm Oil’s highest import potential is Germany with an import gap of $3.19M.

See methodology.

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