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%).