Palm Oil in Colombia | The Observatory of Economic Complexity

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Exports In 2022, Colombia exported $676M in Palm Oil, making it the 7th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 10th most exported product in Colombia. The main destination of Palm Oil exports from Colombia are: Brazil ($117M), Netherlands ($109M), Spain ($81.7M), Mexico ($79.9M), and Italy ($67.3M).

The fastest growing export markets for Palm Oil of Colombia between 2021 and 2022 were Netherlands ($58.2M), Mexico ($34.9M), and Dominican Republic ($21.8M).

Imports In 2022, Colombia imported $179M in Palm Oil, becoming the 50th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 89th most imported product in Colombia. Colombia imports Palm Oil primarily from: Ecuador ($92.9M), Indonesia ($76.2M), Peru ($5.43M), Guatemala ($2.01M), and Nicaragua ($1.35M).

The fastest growing import markets in Palm Oil for Colombia between 2021 and 2022 were Ecuador ($23.3M), Peru ($4.38M), and Guatemala ($610k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Colombia to the United States.

Feb 2024

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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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Year

EXPORTS (2022)$676M

IMPORTS (2022)$179M

NET TRADE (2022)$498M

In 2022, Colombia exported $676M in Palm Oil. The main destinations of Colombia exports on Palm Oil were Brazil ($117M), Netherlands ($109M), Spain ($81.7M), Mexico ($79.9M), and Italy ($67.3M).

In 2022, Colombia imported $179M in Palm Oil, mainly from Ecuador ($92.9M), Indonesia ($76.2M), Peru ($5.43M), Guatemala ($2.01M), and Nicaragua ($1.35M).