2023
Exports
$1.49MWorld Rnk 77 / 150
Flag Rnk 699 / 1207
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$166MWorld Rnk 51 / 206
Flag Rnk 123 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $1.49M in Palm Oil, making it the 77th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 699th most exported product in Ireland. The main destination of Palm Oil exports from Ireland are: Spain ($688k), United Kingdom ($370k), Senegal ($305k), Slovakia ($103k), and Netherlands ($19.9k).

The fastest growing export markets for Palm Oil of Ireland between 2022 and 2023 were United Kingdom ($357k), Senegal ($305k), and Spain ($173k).

Imports In 2023, Ireland imported $166M in Palm Oil, becoming the 51st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 123rd most imported product in Ireland. Ireland imports Palm Oil primarily from: Malaysia ($78.8M), Netherlands ($65.6M), United Kingdom ($10.2M), Indonesia ($7.2M), and Spain ($2.86M).

The fastest growing import markets in Palm Oil for Ireland between 2022 and 2023 were Indonesia ($7.03M), United Kingdom ($5.06M), and Spain ($2.71M).

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)$1.49M
IMPORTS (2023)$166M
NET TRADE (2023)-$165M

In 2023, Ireland exported $1.49M in Palm Oil. The main destinations of Ireland exports on Palm Oil were Spain ($688k), United Kingdom ($370k), Senegal ($305k), Slovakia ($103k), and Netherlands ($19.9k).

In 2023, Ireland imported $166M in Palm Oil, mainly from Malaysia ($78.8M), Netherlands ($65.6M), United Kingdom ($10.2M), Indonesia ($7.2M), and Spain ($2.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$357k (2.72k%)
Senegal$305k (1%)
Spain$173k (33.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Ireland WERE (2022 - 2023):
Germany-$281k (-100%)
France-$15.3k (-100%)
Netherlands-$5.37k (-21.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Palm Oil were:
In 2023, Ireland'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 POTENTIALGermany+ $166k
TOP IMPORT POTENTIALGermany+ $1.62M

Palm Oil’s highest export potential is Germany. With an export gap of $166k.   Palm Oil’s highest import potential is Germany with an import gap of $1.62M.

See methodology.

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