2023
Exports
$70.4MWorld Rnk 29 / 150
Flag Rnk 4 / 721
falsefalse India
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$7.51MWorld Rnk 126 / 206
Flag Rnk 217 / 1139

About

Exports In 2023, Nepal exported $70.4M in Palm Oil, making it the 29th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 4th most exported product in Nepal. The main destination of Palm Oil exports from Nepal are: India ($70.3M) and Poland ($126k).

The fastest growing export markets for Palm Oil of Nepal between 2022 and 2023 were Poland ($126k).

Imports In 2023, Nepal imported $7.51M in Palm Oil, becoming the 126th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 217th most imported product in Nepal. Nepal imports Palm Oil primarily from: Malaysia ($5.62M), India ($749k), Indonesia ($740k), and Philippines ($405k).

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)$70.4M
IMPORTS (2023)$7.51M
NET TRADE (2023)$62.9M

In 2023, Nepal exported $70.4M in Palm Oil. The main destinations of Nepal exports on Palm Oil were India ($70.3M) and Poland ($126k).

In 2023, Nepal imported $7.51M in Palm Oil, mainly from Malaysia ($5.62M), India ($749k), Indonesia ($740k), and Philippines ($405k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Nepal WERE (2022 - 2023):Poland$126k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Nepal WERE (2022 - 2023):India-$106M (-60.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nepal's main exporting competitors in Palm Oil were:
In 2023, Nepal'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 POTENTIALIndia+ $105M
TOP IMPORT POTENTIALMalaysia+ $8.96M

Palm Oil’s highest export potential is India. With an export gap of $105M.   Palm Oil’s highest import potential is Malaysia with an import gap of $8.96M.

See methodology.

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