2023
Exports
$577kWorld Rnk 92 / 150
Flag Rnk 915 / 1203
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$70.7MWorld Rnk 69 / 206
Flag Rnk 332 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $577k in Palm Oil, making it the 92nd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 915th most exported product in Romania. The main destination of Palm Oil exports from Romania are: Bulgaria ($247k), Greece ($153k), Poland ($48.3k), Netherlands ($40.8k), and United Arab Emirates ($39.1k).

The fastest growing export markets for Palm Oil of Romania between 2022 and 2023 were United Arab Emirates ($39.1k), Croatia ($27.4k), and Bulgaria ($25.5k).

Imports In 2023, Romania imported $70.7M in Palm Oil, becoming the 69th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 332nd most imported product in Romania. Romania imports Palm Oil primarily from: Italy ($14.7M), Greece ($10.1M), Bulgaria ($8.89M), Netherlands ($8.68M), and Turkey ($7.5M).

The fastest growing import markets in Palm Oil for Romania between 2022 and 2023 were Italy ($2.28M), Indonesia ($2.02M), and Greece ($1.64M).

COMPANIES In 2024, leading companies such as Chevron (5) were at the forefront of shipping Palm Oil from Romania to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$577k
IMPORTS (2023)$70.7M
NET TRADE (2023)-$70.1M

In 2023, Romania exported $577k in Palm Oil. The main destinations of Romania exports on Palm Oil were Bulgaria ($247k), Greece ($153k), Poland ($48.3k), Netherlands ($40.8k), and United Arab Emirates ($39.1k).

In 2023, Romania imported $70.7M in Palm Oil, mainly from Italy ($14.7M), Greece ($10.1M), Bulgaria ($8.89M), Netherlands ($8.68M), and Turkey ($7.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Croatia$27.4k (1%)
Bulgaria$25.5k (11.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Romania WERE (2022 - 2023):
Greece-$1.25M (-89.1%)
Poland-$303k (-86.3%)
Italy-$69.4k (-99%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $149k
TOP IMPORT POTENTIALMalaysia+ $6.05M

Palm Oil’s highest export potential is Italy. With an export gap of $149k.   Palm Oil’s highest import potential is Malaysia with an import gap of $6.05M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with