2022
Exports
$44.2MWorld Rnk 38 / 149
Flag Rnk 9 / 505
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$3.07MWorld Rnk 155 / 208
Flag Rnk 178 / 1001
2022
ECONOMIC COMPLEXITY of Gabon
-0.99Rnk 112 / 133

About

Exports In 2022, Gabon exported $44.2M in Palm Oil, making it the 38th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 9th most exported product in Gabon. The main destination of Palm Oil exports from Gabon are: Spain ($31.7M), Italy ($9.74M), Senegal ($2.7M), Angola ($102k), and Netherlands ($931).

The fastest growing export markets for Palm Oil of Gabon between 2021 and 2022 were Spain ($22.5M), Italy ($3.24M), and Senegal ($637k).

Imports In 2022, Gabon imported $3.07M in Palm Oil, becoming the 155th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 178th most imported product in Gabon. Gabon imports Palm Oil primarily from: Malaysia ($2.44M), Indonesia ($467k), Singapore ($139k), South Africa ($28k), and Lebanon ($3.77k).

The fastest growing import markets in Palm Oil for Gabon between 2021 and 2022 were South Africa ($20.5k).

Latest Trends

Oct 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)$44.2M
IMPORTS (2022)$3.07M
NET TRADE (2022)$41.2M

In 2022, Gabon exported $44.2M in Palm Oil. The main destinations of Gabon exports on Palm Oil were Spain ($31.7M), Italy ($9.74M), Senegal ($2.7M), Angola ($102k), and Netherlands ($931).

In 2022, Gabon imported $3.07M in Palm Oil, mainly from Malaysia ($2.44M), Indonesia ($467k), Singapore ($139k), South Africa ($28k), and Lebanon ($3.77k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Gabon WERE (2021 - 2022):
Spain$22.5M (245%)
Italy$3.24M (49.7%)
Senegal$637k (30.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Gabon WERE (2021 - 2022):
Cameroon-$37.5M (-100%)
Netherlands-$14.5M (-100%)
Germany-$2.93M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Gabon's main exporting competitors in Palm Oil were:
In 2022, Gabon'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

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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