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Exports In 2022, Estonia exported $344M in Palm Oil, making it the 12th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 11th most exported product in Estonia. The main destination of Palm Oil exports from Estonia are: Russia ($336M), Belarus ($4.22M), Kazakhstan ($2.33M), Ukraine ($478k), and Angola ($191k).

The fastest growing export markets for Palm Oil of Estonia between 2021 and 2022 were Russia ($120M), Kazakhstan ($2.33M), and Angola ($191k).

Imports In 2022, Estonia imported $257M in Palm Oil, becoming the 45th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 10th most imported product in Estonia. Estonia imports Palm Oil primarily from: Indonesia ($248M), Malaysia ($6.85M), Netherlands ($1.31M), Lithuania ($460k), and Poland ($144k).

The fastest growing import markets in Palm Oil for Estonia between 2021 and 2022 were Indonesia ($41.8M), Malaysia ($6.85M), and Netherlands ($828k).

Latest Trends

Sep 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 (2022)$344M
IMPORTS (2022)$257M
NET TRADE (2022)$86.7M

In 2022, Estonia exported $344M in Palm Oil. The main destinations of Estonia exports on Palm Oil were Russia ($336M), Belarus ($4.22M), Kazakhstan ($2.33M), Ukraine ($478k), and Angola ($191k).

In 2022, Estonia imported $257M in Palm Oil, mainly from Indonesia ($248M), Malaysia ($6.85M), Netherlands ($1.31M), Lithuania ($460k), and Poland ($144k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Russia$120M (55.6%)
Kazakhstan$2.33M (1%)
Angola$191k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Estonia WERE (2021 - 2022):
Belarus-$1.41M (-25.1%)
Ukraine-$463k (-49.2%)
Netherlands-$53.1k (-94.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Palm Oil were:
In 2022, Estonia's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Palm Oil’s highest export potential is N/A. With an export gap of N/A.   Palm Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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