2022
Exports
$4.83MWorld Rnk 63 / 149
Flag Rnk 433 / 1200
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$32.7MWorld Rnk 105 / 208
Flag Rnk 246 / 1204
2022
ECONOMIC COMPLEXITY of Croatia
0.8Rnk 34 / 133

About

Exports In 2022, Croatia exported $4.83M in Palm Oil, making it the 63rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 433rd most exported product in Croatia. The main destination of Palm Oil exports from Croatia are: Romania ($4.06M), Hungary ($330k), Slovenia ($222k), Malaysia ($55.7k), and North Macedonia ($42.6k).

The fastest growing export markets for Palm Oil of Croatia between 2021 and 2022 were Romania ($1.37M), North Macedonia ($42.6k), and Malaysia ($36.1k).

Imports In 2022, Croatia imported $32.7M in Palm Oil, becoming the 105th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 246th most imported product in Croatia. Croatia imports Palm Oil primarily from: Malaysia ($9.14M), Indonesia ($7.93M), Italy ($6.18M), Germany ($2.55M), and Netherlands ($2.28M).

The fastest growing import markets in Palm Oil for Croatia between 2021 and 2022 were Malaysia ($2.66M), Greece ($784k), and Singapore ($665k).

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)$4.83M
IMPORTS (2022)$32.7M
NET TRADE (2022)-$27.9M

In 2022, Croatia exported $4.83M in Palm Oil. The main destinations of Croatia exports on Palm Oil were Romania ($4.06M), Hungary ($330k), Slovenia ($222k), Malaysia ($55.7k), and North Macedonia ($42.6k).

In 2022, Croatia imported $32.7M in Palm Oil, mainly from Malaysia ($9.14M), Indonesia ($7.93M), Italy ($6.18M), Germany ($2.55M), and Netherlands ($2.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Croatia WERE (2021 - 2022):
Romania$1.37M (50.8%)
North Macedonia$42.6k (1%)
Malaysia$36.1k (185%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Croatia WERE (2021 - 2022):
Italy-$82.5k (-99%)
Hungary-$74.2k (-18.4%)
Belgium-$65.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Croatia's main exporting competitors in Palm Oil were:
In 2022, Croatia'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 POTENTIALHungary+ $171k
TOP IMPORT POTENTIALIndonesia+ $4.65M

Palm Oil’s highest export potential is Hungary. With an export gap of $171k.   Palm Oil’s highest import potential is Indonesia with an import gap of $4.65M.

See methodology.

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