2023
Exports
$337kWorld Rnk 98 / 150
Flag Rnk 590 / 1114
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$57.6MWorld Rnk 77 / 206
Flag Rnk 215 / 1185
2023
ECONOMIC COMPLEXITY of Morocco
-0.36Rnk 79 / 132

About

Exports In 2023, Morocco exported $337k in Palm Oil, making it the 98th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 590th most exported product in Morocco. The main destination of Palm Oil exports from Morocco are: Senegal ($317k), Niger ($8.95k), Ghana ($6.65k), Saudi Arabia ($3.74k), and Sweden ($754).

The fastest growing export markets for Palm Oil of Morocco between 2022 and 2023 were Niger ($8.95k), Ghana ($6.65k), and Sweden ($754).

Imports In 2023, Morocco imported $57.6M in Palm Oil, becoming the 77th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 215th most imported product in Morocco. Morocco imports Palm Oil primarily from: Malaysia ($21.2M), Indonesia ($10.4M), Guatemala ($6.33M), Cote d'Ivoire ($5.46M), and Gabon ($3.63M).

The fastest growing import markets in Palm Oil for Morocco between 2022 and 2023 were Malaysia ($21M), Gabon ($3.63M), and United Arab Emirates ($1.93M).

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)$337k
IMPORTS (2023)$57.6M
NET TRADE (2023)-$57.3M

In 2023, Morocco exported $337k in Palm Oil. The main destinations of Morocco exports on Palm Oil were Senegal ($317k), Niger ($8.95k), Ghana ($6.65k), Saudi Arabia ($3.74k), and Sweden ($754).

In 2023, Morocco imported $57.6M in Palm Oil, mainly from Malaysia ($21.2M), Indonesia ($10.4M), Guatemala ($6.33M), Cote d'Ivoire ($5.46M), and Gabon ($3.63M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Morocco WERE (2022 - 2023):
Niger$8.95k (1%)
Ghana$6.65k (1%)
Sweden$754 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Morocco WERE (2022 - 2023):
Ethiopia-$22.8k (-100%)
Senegal-$2.63k (-0.82%)
Canada-$580 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Morocco's main exporting competitors in Palm Oil were:
In 2023, Morocco'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

Flow
View
TOP EXPORT POTENTIALEthiopia+ $43.3k
TOP IMPORT POTENTIALIndonesia+ $9.56M

Palm Oil’s highest export potential is Ethiopia. With an export gap of $43.3k.   Palm Oil’s highest import potential is Indonesia with an import gap of $9.56M.

See methodology.

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