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Exports In 2023, Gambia exported $59.1k in Palm Oil, making it the 119th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 537th most exported product in Gambia. The main destination of Palm Oil exports from Gambia are: United Kingdom ($40.3k) and United States ($18.9k).

The fastest growing export markets for Palm Oil of Gambia between 2022 and 2023 were United Kingdom ($40.3k).

Imports In 2023, Gambia imported $69.5M in Palm Oil, becoming the 70th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 7th most imported product in Gambia. Gambia imports Palm Oil primarily from: Indonesia ($49.9M), Malaysia ($18.2M), Singapore ($1M), Guinea ($273k), and Sierra Leone ($20.4k).

The fastest growing import markets in Palm Oil for Gambia between 2022 and 2023 were Indonesia ($12.6M), Malaysia ($670k), and Singapore ($613k).

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)$59.1k
IMPORTS (2023)$69.5M
NET TRADE (2023)-$69.4M

In 2023, Gambia exported $59.1k in Palm Oil. The main destinations of Gambia exports on Palm Oil were United Kingdom ($40.3k) and United States ($18.9k).

In 2023, Gambia imported $69.5M in Palm Oil, mainly from Indonesia ($49.9M), Malaysia ($18.2M), Singapore ($1M), Guinea ($273k), and Sierra Leone ($20.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Gambia WERE (2022 - 2023):United Kingdom$40.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Gambia WERE (2022 - 2023):United States-$2.6k (-12.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Gambia's main exporting competitors in Palm Oil were:
In 2023, Gambia'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

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TOP EXPORT POTENTIALUnited States+ $42.5k
TOP IMPORT POTENTIALSingapore+ $236k

Palm Oil’s highest export potential is United States. With an export gap of $42.5k.   Palm Oil’s highest import potential is Singapore with an import gap of $236k.

See methodology.

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