2022
Exports
$18.2MWorld Rnk 51 / 149
Flag Rnk 15 / 885
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$124MWorld Rnk 63 / 208
Flag Rnk 3 / 1126
2022
ECONOMIC COMPLEXITY of Rwanda
-0.53Rnk 89 / 133

About

Exports In 2022, Rwanda exported $18.2M in Palm Oil, making it the 51st largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 15th most exported product in Rwanda. The main destination of Palm Oil exports from Rwanda are: Democratic Republic of the Congo ($15.9M), Uganda ($1.63M), Tanzania ($359k), Zambia ($168k), and Burundi ($125k).

The fastest growing export markets for Palm Oil of Rwanda between 2021 and 2022 were Uganda ($1.63M), Tanzania ($359k), and Zambia ($168k).

Imports In 2022, Rwanda imported $124M in Palm Oil, becoming the 63rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 3rd most imported product in Rwanda. Rwanda imports Palm Oil primarily from: Malaysia ($46.8M), Indonesia ($35.4M), Kenya ($25.9M), Democratic Republic of the Congo ($13M), and Singapore ($1.05M).

The fastest growing import markets in Palm Oil for Rwanda between 2021 and 2022 were Kenya ($9.69M), Malaysia ($9.25M), and Democratic Republic of the Congo ($8.8M).

Latest Trends

Aug 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 (2022)$18.2M
IMPORTS (2022)$124M
NET TRADE (2022)-$106M

In 2022, Rwanda exported $18.2M in Palm Oil. The main destinations of Rwanda exports on Palm Oil were Democratic Republic of the Congo ($15.9M), Uganda ($1.63M), Tanzania ($359k), Zambia ($168k), and Burundi ($125k).

In 2022, Rwanda imported $124M in Palm Oil, mainly from Malaysia ($46.8M), Indonesia ($35.4M), Kenya ($25.9M), Democratic Republic of the Congo ($13M), and Singapore ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Rwanda WERE (2021 - 2022):
Uganda$1.63M (1%)
Tanzania$359k (1%)
Zambia$168k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Rwanda WERE (2021 - 2022):
Malawi-$315k (-100%)
Sudan-$275k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Rwanda's main exporting competitors in Palm Oil were:
In 2022, Rwanda's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.05k
TOP IMPORT POTENTIALIndonesia+ $665k

Palm Oil’s highest export potential is India. With an export gap of $1.05k.   Palm Oil’s highest import potential is Indonesia with an import gap of $665k.

See methodology.

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