2023
Exports
$7.27kWorld Rnk 134 / 150
Flag Rnk 284 / 623
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$103MWorld Rnk 61 / 206
Flag Rnk 6 / 1047
2023
ECONOMIC COMPLEXITY of Republic of the Congo
-1.73Rnk 128 / 132

About

Exports In 2023, Republic of the Congo exported $7.27k in Palm Oil, making it the 134th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 284th most exported product in Republic of the Congo. The main destination of Palm Oil exports from Republic of the Congo are: France ($6.94k), Netherlands ($254), Uganda ($45), and Canada ($35).

The fastest growing export markets for Palm Oil of Republic of the Congo between 2022 and 2023 were Netherlands ($254), Uganda ($45), and Canada ($35).

Imports In 2023, Republic of the Congo imported $103M in Palm Oil, becoming the 61st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 6th most imported product in Republic of the Congo. Republic of the Congo imports Palm Oil primarily from: Indonesia ($67.5M), Malaysia ($29.1M), Kenya ($2.24M), Philippines ($1.47M), and Colombia ($997k).

The fastest growing import markets in Palm Oil for Republic of the Congo between 2022 and 2023 were Indonesia ($21.6M), Malaysia ($11.3M), and Colombia ($997k).

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)$7.27k
IMPORTS (2023)$103M
NET TRADE (2023)-$103M

In 2023, Republic of the Congo exported $7.27k in Palm Oil. The main destinations of Republic of the Congo exports on Palm Oil were France ($6.94k), Netherlands ($254), Uganda ($45), and Canada ($35).

In 2023, Republic of the Congo imported $103M in Palm Oil, mainly from Indonesia ($67.5M), Malaysia ($29.1M), Kenya ($2.24M), Philippines ($1.47M), and Colombia ($997k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Republic of the Congo WERE (2022 - 2023):
Netherlands$254 (1%)
Uganda$45 (1%)
Canada$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Republic of the Congo WERE (2022 - 2023):
Rwanda-$40.6k (-100%)
France-$9.98k (-59%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Republic of the Congo's main exporting competitors in Palm Oil were:
In 2023, Republic of the Congo'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 POTENTIALFrance+ $14.9k
TOP IMPORT POTENTIALIndonesia+ $354k

Palm Oil’s highest export potential is France. With an export gap of $14.9k.   Palm Oil’s highest import potential is Indonesia with an import gap of $354k.

See methodology.

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