HS Icon Palm Oil in  Flag India

2018
Exports | Imports
: $7.94M | $5.04B, World Rnk 48 / 140
Flag Rnk 841 / 1215 | World Rnk 1 / 202
Flag Rnk 12 / 1207

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.56M | $704M, Senegal |  Indonesia

2020
ECONOMIC COMPLEXITY of India
: 0.56, Rnk 40 / 127

2020
PRODUCT COMPLEXITY  IN Palm Oil
: -2.13, Rnk 1013 / 1029

Exports In 2018, India exported $7.94M in Palm Oil, making it the 48th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 841st most exported product in India. The main destination of Palm Oil exports from India are: Senegal ($6.21M), Greece ($469k), Germany ($356k), Lithuania ($213k), and Bhutan ($84.5k).

The fastest growing export markets for Palm Oil of India between 2019 and 2020 were Senegal ($2.56M), Greece ($469k), and Germany ($320k).

Imports In 2020, India imported $5.04B in Palm Oil, becoming the 1st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 12th most imported product in India. India imports Palm Oil primarily from: Indonesia ($3.05B), Malaysia ($1.64B), Singapore ($186M), Thailand ($107M), and Nepal ($44.9M).

The fastest growing import markets in Palm Oil for India between 2019 and 2020 were Indonesia ($704M), Thailand ($19.2M), and Ukraine ($2.83M).

Tariffs In 2019, the average tariff for India in Palm Oil was 90.5%. The countries with the highest import tariffs for Palm Oil were Angola (Most Favoured Nation duty rate treatement, 100%), Botswana (Most Favoured Nation duty rate treatement, 100%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 100%), Cameroon (Most Favoured Nation duty rate treatement, 100%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 100%).

Subnational Monthly Trade

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Y-AXIS SCALE

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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

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EXPORTS (2020): $7.94M

IMPORTS (2020): $5.04B

NET TRADE (2020): -$5.03B

In 2020, India exported $7.94M in Palm Oil. The main destinations of India exports on Palm Oil were Senegal ($6.21M), Greece ($469k), Germany ($356k), Lithuania ($213k), and Bhutan ($84.5k).

In 2020, India imported $5.04B in Palm Oil, mainly from Indonesia ($3.05B), Malaysia ($1.64B), Singapore ($186M), Thailand ($107M), and Nepal ($44.9M).

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Flow

THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR India WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY India WERE (2019 - 2020):

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Market Concentration

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In 2020, India's main exporting competitors in Palm Oil were:

In 2020, India's main importing competitors in Palm Oil were:

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