NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $755kWorld Rnk 87 / 150
Flag Rnk 1035 / 1212
2023
Destination $212k United States
2022 - 2023
FASTEST GROWING MARKET $212kUnited States
2023
PRODUCT COMPLEXITY IN Palm Oil-2.25Rnk 1010 / 1025
2023
Imports $162MWorld Rnk 52 / 206
Flag Rnk 443 / 1211
2023
Origin $1.91M Malaysia
2022 - 2023
FASTEST GROWING ORIGIN $1.91MSingapore
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $755k in Palm Oil, making it the 87th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 1035th most exported product in Canada. The main destination of Palm Oil exports from Canada are: United States ($533k), Saudi Arabia ($160k), Ghana ($39.7k), Bahrain ($15.8k), and Mexico ($5.56k).

The fastest growing export markets for Palm Oil of Canada between 2022 and 2023 were United States ($212k), Saudi Arabia ($91k), and Mexico ($5.56k).

Imports In 2023, Canada imported $162M in Palm Oil, becoming the 52nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 443rd most imported product in Canada. Canada imports Palm Oil primarily from: Malaysia ($106M), Indonesia ($33M), United States ($8.9M), Colombia ($7.39M), and Singapore ($2.11M).

The fastest growing import markets in Palm Oil for Canada between 2022 and 2023 were Singapore ($1.91M), Italy ($176k), and Nigeria ($105k).

COMPANIES In 2023, leading companies such as Chevron (5) were at the forefront of shipping Palm Oil from Canada to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Canada's Palm Oil exports accounted up to C$61.6k and imports accounted up to C$17.9M, resulting in a negative trade balance of C$17.8M. Between December 2022 and November 2024 the exports of Canada's   Palm Oil have increased by C$37.9k (161%) from C$23.6k to C$61.6k, while imports decreased by C$-3.62M (-16.8%) from C$21.5M to C$17.9M.

Destinations In November 2024, Palm Oil were exported mostly to United States (C$61.6k), and were imported mostly from Malaysia (C$11.1M), Indonesia (C$4.75M), Colombia (C$660k), United States (C$525k), and Guatemala (C$355k).

Growth In November 2024, the increase in Palm Oil's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Palm Oil's year-by-year imports was explained primarily by a decrease in imports from Indonesia (C$-3.64M or -52.7%), United States (C$-91.9k or -13.6%), and Brazil (C$-55.3k or -98.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - November 2024)C$37.9k(161%)
IMPORT GROWTH (November 2023 - November 2024)C$-3.62M(-16.8%)
MAIN EXPORTER (November 2024)OntarioC$61.6k
MAIN DESTINATION (November 2024)United StatesC$61.6k

This section shows Palm Oil's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Palm Oil over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$755k
IMPORTS (2023)$162M
NET TRADE (2023)-$161M

In 2023, Canada exported $755k in Palm Oil. The main destinations of Canada exports on Palm Oil were United States ($533k), Saudi Arabia ($160k), Ghana ($39.7k), Bahrain ($15.8k), and Mexico ($5.56k).

In 2023, Canada imported $162M in Palm Oil, mainly from Malaysia ($106M), Indonesia ($33M), United States ($8.9M), Colombia ($7.39M), and Singapore ($2.11M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$212k (66.1%)
Saudi Arabia$91k (132%)
Mexico$5.56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Canada WERE (2022 - 2023):
Rwanda-$29.2k (-100%)
Japan-$18.5k (-100%)
Ghana-$16.9k (-29.8%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Palm Oil were:
Indonesia $24.8B
Malaysia $14B
Netherlands $1.12B
In 2023, Canada's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B
Pakistan $2.86B

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.24M
TOP IMPORT POTENTIALIndonesia+ $21.2M

Palm Oil’s highest export potential is United States. With an export gap of $2.24M.   Palm Oil’s highest import potential is Indonesia with an import gap of $21.2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms