2022
Exports
$65.3MWorld Rnk 34 / 149
Flag Rnk 132 / 1199
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$170MWorld Rnk 51 / 208
Flag Rnk 95 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $65.3M in Palm Oil, making it the 34th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 132nd most exported product in Greece. The main destination of Palm Oil exports from Greece are: Bulgaria ($41.6M), Romania ($9.04M), Poland ($3.31M), Italy ($3.11M), and Hungary ($1.87M).

The fastest growing export markets for Palm Oil of Greece between 2021 and 2022 were Bulgaria ($15.6M), Hungary ($1.6M), and Romania ($1.43M).

Imports In 2022, Greece imported $170M in Palm Oil, becoming the 51st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 95th most imported product in Greece. Greece imports Palm Oil primarily from: Indonesia ($139M), Malaysia ($20.7M), Netherlands ($3.37M), Italy ($2.96M), and Bulgaria ($932k).

The fastest growing import markets in Palm Oil for Greece between 2021 and 2022 were Indonesia ($47.3M), Italy ($1.48M), and Romania ($735k).

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)$65.3M
IMPORTS (2022)$170M
NET TRADE (2022)-$105M

In 2022, Greece exported $65.3M in Palm Oil. The main destinations of Greece exports on Palm Oil were Bulgaria ($41.6M), Romania ($9.04M), Poland ($3.31M), Italy ($3.11M), and Hungary ($1.87M).

In 2022, Greece imported $170M in Palm Oil, mainly from Indonesia ($139M), Malaysia ($20.7M), Netherlands ($3.37M), Italy ($2.96M), and Bulgaria ($932k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Bulgaria$15.6M (60.3%)
Hungary$1.6M (612%)
Romania$1.43M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Greece WERE (2021 - 2022):
Netherlands-$81.1k (-38.5%)
Spain-$48k (-85.9%)
Ethiopia-$47.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Palm Oil were:
In 2022, Greece'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+ $2.47M
TOP IMPORT POTENTIALMalaysia+ $9.99M

Palm Oil’s highest export potential is Italy. With an export gap of $2.47M.   Palm Oil’s highest import potential is Malaysia with an import gap of $9.99M.

See methodology.

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