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Exports In 2023, Estonia exported $378M in Palm Oil, making it the 10th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 6th most exported product in Estonia. The main destination of Palm Oil exports from Estonia are: Russia ($375M), Belarus ($2.72M), Ukraine ($227k), Kazakhstan ($141k), and Latvia ($68.4k).

The fastest growing export markets for Palm Oil of Estonia between 2022 and 2023 were Russia ($38.7M), Netherlands ($44.7k), and Latvia ($23.5k).

Imports In 2023, Estonia imported $317M in Palm Oil, becoming the 36th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 7th most imported product in Estonia. Estonia imports Palm Oil primarily from: Indonesia ($298M), Turkey ($10M), Malaysia ($8.76M), Lithuania ($449k), and Poland ($83.9k).

The fastest growing import markets in Palm Oil for Estonia between 2022 and 2023 were Indonesia ($12.7M), Turkey ($10M), and Italy ($17.8k).

Latest Trends

Dec 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 (2023)$378M
IMPORTS (2023)$317M
NET TRADE (2023)$60.9M

In 2023, Estonia exported $378M in Palm Oil. The main destinations of Estonia exports on Palm Oil were Russia ($375M), Belarus ($2.72M), Ukraine ($227k), Kazakhstan ($141k), and Latvia ($68.4k).

In 2023, Estonia imported $317M in Palm Oil, mainly from Indonesia ($298M), Turkey ($10M), Malaysia ($8.76M), Lithuania ($449k), and Poland ($83.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Estonia WERE (2022 - 2023):
Russia$38.7M (11.5%)
Netherlands$44.7k (1.33k%)
Latvia$23.5k (52.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Estonia WERE (2022 - 2023):
Kazakhstan-$2.19M (-94%)
Belarus-$1.37M (-33.4%)
Ukraine-$250k (-52.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Estonia's main exporting competitors in Palm Oil were:
In 2023, Estonia's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

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

Palm Oil’s highest export potential is N/A. With an export gap of N/A.   Palm Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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