2022
Exports
$246kWorld Rnk 104 / 149
Flag Rnk 194 / 947
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$355MWorld Rnk 33 / 208
Flag Rnk 5 / 1190
2022
ECONOMIC COMPLEXITY of Angola
-1.55Rnk 126 / 133

About

Exports In 2022, Angola exported $246k in Palm Oil, making it the 104th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 194th most exported product in Angola. The main destination of Palm Oil exports from Angola are: Republic of the Congo ($234k), Portugal ($8.72k), Democratic Republic of the Congo ($2.43k), and Cuba ($17).

The fastest growing export markets for Palm Oil of Angola between 2021 and 2022 were Portugal ($8.61k), Democratic Republic of the Congo ($2.06k), and Cuba ($17).

Imports In 2022, Angola imported $355M in Palm Oil, becoming the 33rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 5th most imported product in Angola. Angola imports Palm Oil primarily from: Malaysia ($175M), Indonesia ($168M), Singapore ($7.7M), India ($1.39M), and Brazil ($830k).

The fastest growing import markets in Palm Oil for Angola between 2021 and 2022 were Malaysia ($78.1M), Indonesia ($74M), and Singapore ($5.46M).

Latest Trends

Sep 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)$246k
IMPORTS (2022)$355M
NET TRADE (2022)-$355M

In 2022, Angola exported $246k in Palm Oil. The main destinations of Angola exports on Palm Oil were Republic of the Congo ($234k), Portugal ($8.72k), Democratic Republic of the Congo ($2.43k), and Cuba ($17).

In 2022, Angola imported $355M in Palm Oil, mainly from Malaysia ($175M), Indonesia ($168M), Singapore ($7.7M), India ($1.39M), and Brazil ($830k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Angola WERE (2021 - 2022):
Portugal$8.61k (8.12k%)
Cuba$17 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Angola WERE (2021 - 2022):
Republic of the Congo-$131k (-35.8%)
Namibia-$24 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Angola's main exporting competitors in Palm Oil were:
In 2022, Angola'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 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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