2023
Exports
$4.54kWorld Rnk 137 / 150
Flag Rnk 580 / 940
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$168MWorld Rnk 50 / 206
Flag Rnk 15 / 1186
2023
ECONOMIC COMPLEXITY of Angola
-1.23Rnk 120 / 132

About

Exports In 2023, Angola exported $4.54k in Palm Oil, making it the 137th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 580th most exported product in Angola. The main destination of Palm Oil exports from Angola are: Republic of the Congo ($3.4k), Democratic Republic of the Congo ($949), Portugal ($124), Canada ($49), and Mozambique ($9).

The fastest growing export markets for Palm Oil of Angola between 2022 and 2023 were Canada ($49) and Mozambique ($9).

Imports In 2023, Angola imported $168M in Palm Oil, becoming the 50th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 15th most imported product in Angola. Angola imports Palm Oil primarily from: Malaysia ($76.3M), Indonesia ($67.4M), Cote d'Ivoire ($15.1M), Singapore ($3.7M), and Brazil ($3.39M).

The fastest growing import markets in Palm Oil for Angola between 2022 and 2023 were Cote d'Ivoire ($15.1M), Brazil ($2.47M), and China ($58.7k).

Latest Trends

Dec 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 (2023)$4.54k
IMPORTS (2023)$168M
NET TRADE (2023)-$168M

In 2023, Angola exported $4.54k in Palm Oil. The main destinations of Angola exports on Palm Oil were Republic of the Congo ($3.4k), Democratic Republic of the Congo ($949), Portugal ($124), Canada ($49), and Mozambique ($9).

In 2023, Angola imported $168M in Palm Oil, mainly from Malaysia ($76.3M), Indonesia ($67.4M), Cote d'Ivoire ($15.1M), Singapore ($3.7M), and Brazil ($3.39M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Angola WERE (2022 - 2023):
Canada$49 (1%)
Mozambique$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Angola WERE (2022 - 2023):
Republic of the Congo-$231k (-98.5%)
Ghana-$84.7k (-100%)
Portugal-$9.13k (-98.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPortugal+ $4.33k
TOP IMPORT POTENTIALPortugal+ $33.5k

Palm Oil’s highest export potential is Portugal. With an export gap of $4.33k.   Palm Oil’s highest import potential is Portugal with an import gap of $33.5k.

See methodology.

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