2022
Exports
$149MWorld Rnk 24 / 149
Flag Rnk 7 / 1103
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$1.28BWorld Rnk 10 / 208
Flag Rnk 2 / 1174
2022
ECONOMIC COMPLEXITY of Kenya
-0.5Rnk 87 / 133

About

Exports In 2022, Kenya exported $149M in Palm Oil, making it the 24th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 7th most exported product in Kenya. The main destination of Palm Oil exports from Kenya are: Uganda ($79.9M), Rwanda ($25.9M), Ethiopia ($12.4M), Djibouti ($11.1M), and Somalia ($4.72M).

The fastest growing export markets for Palm Oil of Kenya between 2021 and 2022 were Ethiopia ($12.4M), Djibouti ($10.9M), and Rwanda ($9.69M).

Imports In 2022, Kenya imported $1.28B in Palm Oil, becoming the 10th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 2nd most imported product in Kenya. Kenya imports Palm Oil primarily from: Malaysia ($859M), Indonesia ($291M), Cote d'Ivoire ($57M), Singapore ($36.2M), and Thailand ($16.1M).

The fastest growing import markets in Palm Oil for Kenya between 2021 and 2022 were Malaysia ($113M), Cote d'Ivoire ($56.8M), and Singapore ($19.4M).

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)$149M
IMPORTS (2022)$1.28B
NET TRADE (2022)-$1.13B

In 2022, Kenya exported $149M in Palm Oil. The main destinations of Kenya exports on Palm Oil were Uganda ($79.9M), Rwanda ($25.9M), Ethiopia ($12.4M), Djibouti ($11.1M), and Somalia ($4.72M).

In 2022, Kenya imported $1.28B in Palm Oil, mainly from Malaysia ($859M), Indonesia ($291M), Cote d'Ivoire ($57M), Singapore ($36.2M), and Thailand ($16.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Kenya WERE (2021 - 2022):
Ethiopia$12.4M (1%)
Djibouti$10.9M (8.37k%)
Rwanda$9.69M (59.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Kenya WERE (2021 - 2022):
Uganda-$8.63M (-9.75%)
Tanzania-$2.9M (-38.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kenya's main exporting competitors in Palm Oil were:
In 2022, Kenya'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 POTENTIALEthiopia+ $6.49M
TOP IMPORT POTENTIALIndonesia+ $27M

Palm Oil’s highest export potential is Ethiopia. With an export gap of $6.49M.   Palm Oil’s highest import potential is Indonesia with an import gap of $27M.

See methodology.

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