2023
Exports
$1.76MWorld Rnk 73 / 150
Flag Rnk 25 / 630
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$91.8MWorld Rnk 63 / 206
Flag Rnk 8 / 998
2023
ECONOMIC COMPLEXITY of Mali
-1.41Rnk 125 / 132

About

Exports In 2023, Mali exported $1.76M in Palm Oil, making it the 73rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 25th most exported product in Mali. The main destination of Palm Oil exports from Mali are: Senegal ($1.76M), France ($1.89k), Bahrain ($1.73k), Ireland ($373), and Netherlands ($91).

The fastest growing export markets for Palm Oil of Mali between 2022 and 2023 were Senegal ($1.58M), France ($796), and Ireland ($373).

Imports In 2023, Mali imported $91.8M in Palm Oil, becoming the 63rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 8th most imported product in Mali. Mali imports Palm Oil primarily from: Cote d'Ivoire ($79.9M), Togo ($10.1M), Malaysia ($970k), Indonesia ($488k), and Ghana ($119k).

The fastest growing import markets in Palm Oil for Mali between 2022 and 2023 were Togo ($9.64M), Cote d'Ivoire ($7.42M), and Malaysia ($970k).

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)$1.76M
IMPORTS (2023)$91.8M
NET TRADE (2023)-$90M

In 2023, Mali exported $1.76M in Palm Oil. The main destinations of Mali exports on Palm Oil were Senegal ($1.76M), France ($1.89k), Bahrain ($1.73k), Ireland ($373), and Netherlands ($91).

In 2023, Mali imported $91.8M in Palm Oil, mainly from Cote d'Ivoire ($79.9M), Togo ($10.1M), Malaysia ($970k), Indonesia ($488k), and Ghana ($119k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Mali WERE (2022 - 2023):
Senegal$1.58M (896%)
France$796 (72.7%)
Ireland$373 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Mali WERE (2022 - 2023):
Bahrain-$97.5k (-98.3%)
Germany-$35.9k (-100%)
United States-$4.04k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mali's main exporting competitors in Palm Oil were:
In 2023, Mali'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 POTENTIALSenegal+ $79.4k
TOP IMPORT POTENTIALIndonesia+ $1.55k

Palm Oil’s highest export potential is Senegal. With an export gap of $79.4k.   Palm Oil’s highest import potential is Indonesia with an import gap of $1.55k.

See methodology.

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