2023
Exports
$22.8MWorld Rnk 43 / 150
Flag Rnk 233 / 1152
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$1.2BWorld Rnk 9 / 206
Flag Rnk 11 / 1178
2023
ECONOMIC COMPLEXITY of Egypt
-0.11Rnk 66 / 132

About

Exports In 2023, Egypt exported $22.8M in Palm Oil, making it the 43rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 233rd most exported product in Egypt. The main destination of Palm Oil exports from Egypt are: Lebanon ($6.69M), Bulgaria ($3.19M), Palestine ($3.15M), Syria ($2.89M), and Ethiopia ($2.21M).

The fastest growing export markets for Palm Oil of Egypt between 2022 and 2023 were Palestine ($2.5M), Bulgaria ($2.04M), and Libya ($1.24M).

Imports In 2023, Egypt imported $1.2B in Palm Oil, becoming the 9th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 11th most imported product in Egypt. Egypt imports Palm Oil primarily from: Indonesia ($893M), Malaysia ($298M), Saudi Arabia ($7.51M), Turkey ($173k), and United Arab Emirates ($132k).

The fastest growing import markets in Palm Oil for Egypt between 2022 and 2023 were Saudi Arabia ($3.36M), United Arab Emirates ($50.8k), and United Kingdom ($3.49k).

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)$22.8M
IMPORTS (2023)$1.2B
NET TRADE (2023)-$1.18B

In 2023, Egypt exported $22.8M in Palm Oil. The main destinations of Egypt exports on Palm Oil were Lebanon ($6.69M), Bulgaria ($3.19M), Palestine ($3.15M), Syria ($2.89M), and Ethiopia ($2.21M).

In 2023, Egypt imported $1.2B in Palm Oil, mainly from Indonesia ($893M), Malaysia ($298M), Saudi Arabia ($7.51M), Turkey ($173k), and United Arab Emirates ($132k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Egypt WERE (2022 - 2023):
Palestine$2.5M (385%)
Bulgaria$2.04M (177%)
Libya$1.24M (306%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Egypt WERE (2022 - 2023):
Lebanon-$4.39M (-39.6%)
Jordan-$3.75M (-94.4%)
Syria-$1.96M (-40.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Egypt's main exporting competitors in Palm Oil were:
In 2023, Egypt'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 POTENTIALEthiopia+ $657k
TOP IMPORT POTENTIALSaudi Arabia+ $3.45M

Palm Oil’s highest export potential is Ethiopia. With an export gap of $657k.   Palm Oil’s highest import potential is Saudi Arabia with an import gap of $3.45M.

See methodology.

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