2023
Exports
$105MWorld Rnk 23 / 150
Flag Rnk 14 / 1101
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$846MWorld Rnk 14 / 206
Flag Rnk 2 / 1167
2023
ECONOMIC COMPLEXITY of Kenya
-0.47Rnk 86 / 132

About

Exports In 2023, Kenya exported $105M in Palm Oil, making it the 23rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 14th most exported product in Kenya. The main destination of Palm Oil exports from Kenya are: Uganda ($74.5M), Rwanda ($7.06M), Tanzania ($5.88M), South Sudan ($4.95M), and Democratic Republic of the Congo ($3.53M).

The fastest growing export markets for Palm Oil of Kenya between 2022 and 2023 were Uganda ($13.2M), Tanzania ($3.22M), and Burundi ($2.47M).

Imports In 2023, Kenya imported $846M in Palm Oil, becoming the 14th 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 ($614M), Indonesia ($165M), Singapore ($25.2M), Cote d'Ivoire ($18M), and Thailand ($15.4M).

The fastest growing import markets in Palm Oil for Kenya between 2022 and 2023 were Indonesia ($46.2M), Djibouti ($6.71M), and Thailand ($2.66M).

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)$105M
IMPORTS (2023)$846M
NET TRADE (2023)-$741M

In 2023, Kenya exported $105M in Palm Oil. The main destinations of Kenya exports on Palm Oil were Uganda ($74.5M), Rwanda ($7.06M), Tanzania ($5.88M), South Sudan ($4.95M), and Democratic Republic of the Congo ($3.53M).

In 2023, Kenya imported $846M in Palm Oil, mainly from Malaysia ($614M), Indonesia ($165M), Singapore ($25.2M), Cote d'Ivoire ($18M), and Thailand ($15.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Kenya WERE (2022 - 2023):
Uganda$13.2M (21.5%)
Tanzania$3.22M (121%)
Burundi$2.47M (881%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Kenya WERE (2022 - 2023):
Rwanda-$26.9M (-79.2%)
Ethiopia-$19.2M (-99.7%)
Djibouti-$10.9M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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