Palm Oil in Saudi Arabia | The Observatory of Economic Complexity

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Exports In 2022, Saudi Arabia exported $108M in Palm Oil, making it the 26th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 84th most exported product in Saudi Arabia. The main destination of Palm Oil exports from Saudi Arabia are: Kuwait ($39.6M), Bahrain ($18.3M), United Arab Emirates ($16.7M), Jordan ($14.4M), and Ethiopia ($9.14M).

The fastest growing export markets for Palm Oil of Saudi Arabia between 2021 and 2022 were Kuwait ($35M), Bahrain ($12.7M), and Ethiopia ($4.97M).

Imports In 2022, Saudi Arabia imported $942M in Palm Oil, becoming the 16th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 34th most imported product in Saudi Arabia. Saudi Arabia imports Palm Oil primarily from: Malaysia ($618M), Indonesia ($269M), Oman ($52.7M), United Arab Emirates ($1.97M), and Kuwait ($504k).

The fastest growing import markets in Palm Oil for Saudi Arabia between 2021 and 2022 were Malaysia ($269M), Oman ($18.7M), and Kuwait ($504k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Saudi Arabia to the United States.

Feb 2024

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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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Year

EXPORTS (2022)$108M

IMPORTS (2022)$942M

NET TRADE (2022)-$834M

In 2022, Saudi Arabia exported $108M in Palm Oil. The main destinations of Saudi Arabia exports on Palm Oil were Kuwait ($39.6M), Bahrain ($18.3M), United Arab Emirates ($16.7M), Jordan ($14.4M), and Ethiopia ($9.14M).

In 2022, Saudi Arabia imported $942M in Palm Oil, mainly from Malaysia ($618M), Indonesia ($269M), Oman ($52.7M), United Arab Emirates ($1.97M), and Kuwait ($504k).