Overview This page contains the latest trade data of Palm oil or fractions simply refined. In 2020, Palm oil or fractions simply refined were the world's 103rd most traded product, with a total trade of $23.1B. Between 2019 and 2020 the exports of Palm oil or fractions simply refined grew by 9.44%, from $21.2B to $23.1B. Trade in Palm oil or fractions simply refined represent 0.14% of total world trade.
Palm oil or fractions simply refined are a part of Palm Oil.
Exports In 2020 the top exporters of Palm oil or fractions simply refined were Indonesia ($12.8B), Malaysia ($7.22B), Netherlands ($861M), Germany ($273M), and Estonia ($150M).
Imports In 2020 the top importers of Palm oil or fractions simply refined were China ($3.65B), Pakistan ($2.03B), United States ($971M), Bangladesh ($895M), and Russia ($769M).
Tariffs In 2018 the average tariff for Palm oil or fractions simply refined was 11%, making it the 1950th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Palm oil or fractions simply refined are Thailand (139%), Switzerland (118%), Liechtenstein (118%), Bhutan (99.6%), and India (90.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), Armenia (0%), and Hong Kong (0%).
Ranking Palm oil or fractions simply refined ranks 4724th in the Product Complexity Index (PCI).