Palm Oil in Republic of the Congo

EXPORTS (2019): $2.42k, World Rnk 129 / 144
Flag Rnk 447 / 643

TOP DESTINATION (2019): $1.58k, France

FASTEST GROWING MARKET (2018 - 2019): $893, France

IMPORTS (2019): $49.9M, World Rnk 67 / 203
Flag Rnk 7 / 1082

TOP ORIGIN (2019): $32.5M, Indonesia

FASTEST GROWING ORIGIN (2018 - 2019): $610k, Spain

ECONOMIC COMPLEXITY of Republic of the Congo (2019): -0.93, Rnk 130 / 157

PRODUCT COMPLEXITY  IN Palm Oil (2019): -2.12, Rnk 1010 / 1029

Exports: In 2019, Republic of the Congo exported $2.42k in Palm Oil, making it the 129th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 447th most exported product in Republic of the Congo. The main destination of Palm Oil exports from Republic of the Congo are: France ($1.58k), South Africa ($766), and Ghana ($67).

The fastest growing export markets for Palm Oil of Republic of the Congo between 2018 and 2019 were France ($893), South Africa ($766), and Ghana ($67).

Imports: In 2019, Republic of the Congo imported $49.9M in Palm Oil, becoming the 67th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 7th most imported product in Republic of the Congo. Republic of the Congo imports Palm Oil primarily from: Indonesia ($32.5M), Malaysia ($13.4M), Singapore ($1.64M), Spain ($1.03M), and India ($461k).

The fastest growing import markets in Palm Oil for Republic of the Congo between 2018 and 2019 were Spain ($610k), Cameroon ($280k), and India ($127k).

Tariffs: In 2015, the average tariff for Republic of the Congo in Palm Oil was 18.4%. The countries with the highest import tariffs for Palm Oil were Angola (18.8%), Burundi (18.8%), Benin (18.8%), Burkina Faso (18.8%), and Botswana (18.8%).

Value

EXPORTS (2019): $2.42k

IMPORTS (2019): $49.9M

NET TRADE (2019): -$49.9M

In 2019, Republic of the Congo exported $2.42k in Palm Oil. The main destinations of Republic of the Congo exports on Palm Oil were France ($1.58k), South Africa ($766), and Ghana ($67).

In 2019, Republic of the Congo imported $49.9M in Palm Oil, mainly from Indonesia ($32.5M), Malaysia ($13.4M), Singapore ($1.64M), Spain ($1.03M), and India ($461k).

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IN 2019, Republic of the Congo HAD A POSITIVE NET TRADE IN Palm Oil WITH:: Benin , $19.5k ($19.6k - $100)

IN 2019, Republic of the Congo HAD A NEGATIVE NET TRADE IN Palm Oil WITH:: France , -$53.6k ($1.58k - $55.2k)

Flow

THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Republic of the Congo WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Republic of the Congo WERE (2018 - 2019):: Benin, -$19.6k (-100%)

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Market Concentration

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In 2018, Republic of the Congo's main exporting competitors in Palm Oil were:

In 2018, Republic of the Congo's main importing competitors in Palm Oil were:

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Tariffs by Country

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In 2015, the average tariff for Republic of the Congo in Palm Oil was 18.4%.

The countries with the highest tariffs for Palm Oil in Republic of the Congo were Angola (18.8%), Burundi (18.8%), Benin (18.8%), Burkina Faso (18.8%), and Botswana (18.8%).

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