2022
Exports
$90.8MWorld Rnk 29 / 149
Flag Rnk 7 / 360
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$30.9MWorld Rnk 109 / 208
Flag Rnk 12 / 995
2022
ECONOMIC COMPLEXITY of Liberia
-1.72Rnk 128 / 133

About

Exports In 2022, Liberia exported $90.8M in Palm Oil, making it the 29th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 7th most exported product in Liberia. The main destination of Palm Oil exports from Liberia are: Netherlands ($38.8M), Cote d'Ivoire ($24M), Morocco ($9.78M), Spain ($7.76M), and India ($7.64M).

The fastest growing export markets for Palm Oil of Liberia between 2021 and 2022 were Netherlands ($38.8M), Cote d'Ivoire ($18.6M), and Morocco ($7.14M).

Imports In 2022, Liberia imported $30.9M in Palm Oil, becoming the 109th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 12th most imported product in Liberia. Liberia imports Palm Oil primarily from: Indonesia ($25.8M), Malaysia ($4.97M), Singapore ($27.8k), United Arab Emirates ($14.5k), and Lebanon ($1.06k).

The fastest growing import markets in Palm Oil for Liberia between 2021 and 2022 were Malaysia ($4.13M), Singapore ($27.8k), and United Arab Emirates ($14.5k).

Latest Trends

Oct 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)$90.8M
IMPORTS (2022)$30.9M
NET TRADE (2022)$59.9M

In 2022, Liberia exported $90.8M in Palm Oil. The main destinations of Liberia exports on Palm Oil were Netherlands ($38.8M), Cote d'Ivoire ($24M), Morocco ($9.78M), Spain ($7.76M), and India ($7.64M).

In 2022, Liberia imported $30.9M in Palm Oil, mainly from Indonesia ($25.8M), Malaysia ($4.97M), Singapore ($27.8k), United Arab Emirates ($14.5k), and Lebanon ($1.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Liberia WERE (2021 - 2022):
Netherlands$38.8M (4.02M%)
Cote d'Ivoire$18.6M (351%)
Morocco$7.14M (270%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Liberia WERE (2021 - 2022):
Cameroon-$27M (-100%)
Spain-$14.1M (-64.6%)
Republic of the Congo-$2.42M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Liberia's main exporting competitors in Palm Oil were:
In 2022, Liberia'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 POTENTIALIndia+ $11.6M
TOP IMPORT POTENTIALMalaysia+ $770k

Palm Oil’s highest export potential is India. With an export gap of $11.6M.   Palm Oil’s highest import potential is Malaysia with an import gap of $770k.

See methodology.

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