2022
Exports
$732kWorld Rnk 90 / 149
Flag Rnk 505 / 1105
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$73.5MWorld Rnk 75 / 208
Flag Rnk 177 / 1188
2022
ECONOMIC COMPLEXITY of Morocco
-0.29Rnk 80 / 133

About

Exports In 2022, Morocco exported $732k in Palm Oil, making it the 90th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 505th most exported product in Morocco. The main destination of Palm Oil exports from Morocco are: Senegal ($711k), Ethiopia ($20.3k), Canada ($520), Netherlands ($388), and France ($54).

The fastest growing export markets for Palm Oil of Morocco between 2021 and 2022 were Senegal ($651k), Canada ($520), and France ($54).

Imports In 2022, Morocco imported $73.5M in Palm Oil, becoming the 75th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 177th most imported product in Morocco. Morocco imports Palm Oil primarily from: Cote d'Ivoire ($30.2M), Indonesia ($11.8M), Liberia ($9.78M), Guatemala ($6.54M), and Peru ($4.04M).

The fastest growing import markets in Palm Oil for Morocco between 2021 and 2022 were Cote d'Ivoire ($23.6M), Indonesia ($8.79M), and Liberia ($7.14M).

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)$732k
IMPORTS (2022)$73.5M
NET TRADE (2022)-$72.7M

In 2022, Morocco exported $732k in Palm Oil. The main destinations of Morocco exports on Palm Oil were Senegal ($711k), Ethiopia ($20.3k), Canada ($520), Netherlands ($388), and France ($54).

In 2022, Morocco imported $73.5M in Palm Oil, mainly from Cote d'Ivoire ($30.2M), Indonesia ($11.8M), Liberia ($9.78M), Guatemala ($6.54M), and Peru ($4.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Morocco WERE (2021 - 2022):
Senegal$651k (1.08k%)
Canada$520 (1%)
France$54 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Morocco WERE (2021 - 2022):
Ethiopia-$1.26M (-98.4%)
Netherlands-$973k (-100%)
Bosnia and Herzegovina-$69.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Morocco's main exporting competitors in Palm Oil were:
In 2022, Morocco'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+ $43.3k
TOP IMPORT POTENTIALIndonesia+ $9.56M

Palm Oil’s highest export potential is Ethiopia. With an export gap of $43.3k.   Palm Oil’s highest import potential is Indonesia with an import gap of $9.56M.

See methodology.

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