2023
Exports
$476kWorld Rnk 94 / 150
Flag Rnk 93 / 786
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$181MWorld Rnk 48 / 206
Flag Rnk 5 / 1053
2023
ECONOMIC COMPLEXITY of Cameroon
-1.2Rnk 119 / 132

About

Exports In 2023, Cameroon exported $476k in Palm Oil, making it the 94th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 93rd most exported product in Cameroon. The main destination of Palm Oil exports from Cameroon are: Central African Republic ($231k), Nigeria ($64.5k), United States ($55.3k), Canada ($55.3k), and France ($43.1k).

The fastest growing export markets for Palm Oil of Cameroon between 2022 and 2023 were Nigeria ($54.4k), France ($35.3k), and Canada ($34.3k).

Imports In 2023, Cameroon imported $181M in Palm Oil, becoming the 48th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 5th most imported product in Cameroon. Cameroon imports Palm Oil primarily from: Gabon ($55.7M), Indonesia ($42.8M), Cote d'Ivoire ($42.2M), Singapore ($12.8M), and Malaysia ($12.5M).

The fastest growing import markets in Palm Oil for Cameroon between 2022 and 2023 were Cote d'Ivoire ($33.2M), Indonesia ($21.5M), and Singapore ($10.5M).

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)$476k
IMPORTS (2023)$181M
NET TRADE (2023)-$180M

In 2023, Cameroon exported $476k in Palm Oil. The main destinations of Cameroon exports on Palm Oil were Central African Republic ($231k), Nigeria ($64.5k), United States ($55.3k), Canada ($55.3k), and France ($43.1k).

In 2023, Cameroon imported $181M in Palm Oil, mainly from Gabon ($55.7M), Indonesia ($42.8M), Cote d'Ivoire ($42.2M), Singapore ($12.8M), and Malaysia ($12.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Cameroon WERE (2022 - 2023):
Nigeria$54.4k (538%)
France$35.3k (448%)
Canada$34.3k (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Cameroon WERE (2022 - 2023):
Central African Republic-$1.45M (-86.3%)
Republic of the Congo-$1.11M (-100%)
Ghana-$489k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cameroon's main exporting competitors in Palm Oil were:
In 2023, Cameroon'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 POTENTIALIndia+ $935k
TOP IMPORT POTENTIALIndonesia+ $5.33M

Palm Oil’s highest export potential is India. With an export gap of $935k.   Palm Oil’s highest import potential is Indonesia with an import gap of $5.33M.

See methodology.

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