2023
Exports
$90.5MWorld Rnk 24 / 150
Flag Rnk 10 / 717
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$3.19MWorld Rnk 147 / 206
Flag Rnk 188 / 1091
2023
ECONOMIC COMPLEXITY of Gabon
-0.62Rnk 92 / 132

About

Exports In 2023, Gabon exported $90.5M in Palm Oil, making it the 24th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 10th most exported product in Gabon. The main destination of Palm Oil exports from Gabon are: Cameroon ($55.7M), Spain ($26.9M), Senegal ($4.06M), Morocco ($3.63M), and Republic of the Congo ($230k).

The fastest growing export markets for Palm Oil of Gabon between 2022 and 2023 were Morocco ($3.63M), Senegal ($1.07M), and Republic of the Congo ($230k).

Imports In 2023, Gabon imported $3.19M in Palm Oil, becoming the 147th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 188th most imported product in Gabon. Gabon imports Palm Oil primarily from: Malaysia ($2.14M), Indonesia ($849k), China ($90.4k), Singapore ($64.1k), and Togo ($26.8k).

The fastest growing import markets in Palm Oil for Gabon between 2022 and 2023 were Indonesia ($766k), China ($90.4k), and Nigeria ($255).

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)$90.5M
IMPORTS (2023)$3.19M
NET TRADE (2023)$87.3M

In 2023, Gabon exported $90.5M in Palm Oil. The main destinations of Gabon exports on Palm Oil were Cameroon ($55.7M), Spain ($26.9M), Senegal ($4.06M), Morocco ($3.63M), and Republic of the Congo ($230k).

In 2023, Gabon imported $3.19M in Palm Oil, mainly from Malaysia ($2.14M), Indonesia ($849k), China ($90.4k), Singapore ($64.1k), and Togo ($26.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Gabon WERE (2022 - 2023):
Morocco$3.63M (1%)
Senegal$1.07M (35.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Gabon WERE (2022 - 2023):
Cameroon-$35.8M (-39.1%)
Italy-$9.77M (-100%)
Spain-$8.6M (-24.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Gabon's main exporting competitors in Palm Oil were:
In 2023, Gabon'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 POTENTIALItaly+ $3.29M
TOP IMPORT POTENTIALIndonesia+ $611k

Palm Oil’s highest export potential is Italy. With an export gap of $3.29M.   Palm Oil’s highest import potential is Indonesia with an import gap of $611k.

See methodology.

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