2023
Exports
$1.38kWorld Rnk 141 / 150
Flag Rnk 884 / 1070
falsefalse Angola
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$1.64MWorld Rnk 159 / 206
Flag Rnk 387 / 1181
2023
ECONOMIC COMPLEXITY of Namibia
-0.74Rnk 98 / 132

About

Exports In 2023, Namibia exported $1.38k in Palm Oil, making it the 141st largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 884th most exported product in Namibia. The main destination of Palm Oil exports from Namibia are: Angola ($1.38k).

Imports In 2023, Namibia imported $1.64M in Palm Oil, becoming the 159th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 387th most imported product in Namibia. Namibia imports Palm Oil primarily from: South Africa ($1.53M), Indonesia ($106k), Botswana ($7.12k), Ghana ($13), and Nigeria ($10).

The fastest growing import markets in Palm Oil for Namibia between 2022 and 2023 were Botswana ($7.12k) and Ghana ($13).

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)$1.38k
IMPORTS (2023)$1.64M
NET TRADE (2023)-$1.64M

In 2023, Namibia exported $1.38k in Palm Oil. The main destinations of Namibia exports on Palm Oil were Angola ($1.38k).

In 2023, Namibia imported $1.64M in Palm Oil, mainly from South Africa ($1.53M), Indonesia ($106k), Botswana ($7.12k), Ghana ($13), and Nigeria ($10).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Namibia WERE (2022 - 2023):
Netherlands-$278k (-100%)
Zambia-$1.84k (-100%)
Angola-$1.09k (-44%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Namibia's main exporting competitors in Palm Oil were:
In 2023, Namibia'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 POTENTIALNetherlands+ $92.2k
TOP IMPORT POTENTIALIndonesia+ $632k

Palm Oil’s highest export potential is Netherlands. With an export gap of $92.2k.   Palm Oil’s highest import potential is Indonesia with an import gap of $632k.

See methodology.

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