Palm Oil in   Saudi Arabia

Exports In 2021, Saudi Arabia exported $84.3M in Palm Oil, making it the 28th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 103rd most exported product in Saudi Arabia. The main destination of Palm Oil exports from Saudi Arabia are: United Arab Emirates ($21.9M), Bahrain ($17.2M), Jordan ($12.6M), Yemen ($12.2M), and Djibouti ($7.42M).

The fastest growing export markets for Palm Oil of Saudi Arabia between 2020 and 2021 were Bahrain ($16.9M), Yemen ($11M), and Jordan ($9.61M).

Imports In 2021, Saudi Arabia imported $839M in Palm Oil, becoming the 16th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 30th most imported product in Saudi Arabia. Saudi Arabia imports Palm Oil primarily from: Indonesia ($433M), Malaysia ($348M), Oman ($34.1M), United Arab Emirates ($18.4M), and Singapore ($5.01M).

The fastest growing import markets in Palm Oil for Saudi Arabia between 2020 and 2021 were Indonesia ($312M), Malaysia ($23.3M), and Oman ($5.22M).

Tariffs In 2017, the average tariff for Saudi Arabia in Palm Oil was 4.58%. The countries with the highest import tariffs for Palm Oil were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).