2022
Exports
$252kWorld Rnk 103 / 149
Flag Rnk 294 / 1081
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$2.87MWorld Rnk 156 / 208
Flag Rnk 313 / 1170
2022
ECONOMIC COMPLEXITY of Namibia
-0.63Rnk 94 / 133

About

Exports In 2022, Namibia exported $252k in Palm Oil, making it the 103rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 294th most exported product in Namibia. The main destination of Palm Oil exports from Namibia are: Netherlands ($248k), Angola ($2.46k), Zambia ($1.84k), and Democratic Republic of the Congo ($68).

The fastest growing export markets for Palm Oil of Namibia between 2021 and 2022 were Netherlands ($248k) and Zambia ($1.84k).

Imports In 2022, Namibia imported $2.87M in Palm Oil, becoming the 156th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 313th most imported product in Namibia. Namibia imports Palm Oil primarily from: South Africa ($1.72M), Indonesia ($602k), Malaysia ($380k), Singapore ($162k), and Cote d'Ivoire ($2.59k).

The fastest growing import markets in Palm Oil for Namibia between 2021 and 2022 were Indonesia ($467k), South Africa ($380k), and Cote d'Ivoire ($2.59k).

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)$252k
IMPORTS (2022)$2.87M
NET TRADE (2022)-$2.61M

In 2022, Namibia exported $252k in Palm Oil. The main destinations of Namibia exports on Palm Oil were Netherlands ($248k), Angola ($2.46k), Zambia ($1.84k), and Democratic Republic of the Congo ($68).

In 2022, Namibia imported $2.87M in Palm Oil, mainly from South Africa ($1.72M), Indonesia ($602k), Malaysia ($380k), Singapore ($162k), and Cote d'Ivoire ($2.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Namibia WERE (2021 - 2022):
Netherlands$248k (1%)
Zambia$1.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Namibia WERE (2021 - 2022):
Angola-$8.86k (-78.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Namibia's main exporting competitors in Palm Oil were:
In 2022, Namibia'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 POTENTIALNetherlands+ $92.2k
TOP IMPORT POTENTIALIndonesia+ $632k

Palm Oil’s highest export potential is Netherlands. With an export gap of $92.2k.   Palm Oil’s highest import potential is Indonesia with an import gap of $632k.

See methodology.

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