2022
Exports
$184MWorld Rnk 20 / 149
Flag Rnk 1 / 763
falsefalse India
2022
PRODUCT COMPLEXITY IN Palm Oil
-2.31Rnk 1012 / 1025
2022
Imports
$217MWorld Rnk 46 / 208
Flag Rnk 9 / 1176

About

Exports In 2022, Nepal exported $184M in Palm Oil, making it the 20th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 1st most exported product in Nepal. The main destination of Palm Oil exports from Nepal are: India ($184M).

Imports In 2022, Nepal imported $217M in Palm Oil, becoming the 46th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 9th most imported product in Nepal. Nepal imports Palm Oil primarily from: Indonesia ($176M), Malaysia ($36.1M), India ($1.91M), Thailand ($1.76M), and Philippines ($1.25M).

The fastest growing import markets in Palm Oil for Nepal between 2021 and 2022 were Thailand ($1.76M), India ($1.69M), and Philippines ($655k).

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)$184M
IMPORTS (2022)$217M
NET TRADE (2022)-$33.2M

In 2022, Nepal exported $184M in Palm Oil. The main destinations of Nepal exports on Palm Oil were India ($184M).

In 2022, Nepal imported $217M in Palm Oil, mainly from Indonesia ($176M), Malaysia ($36.1M), India ($1.91M), Thailand ($1.76M), and Philippines ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Nepal WERE (2021 - 2022):India-$70.1M (-27.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Palm Oil were:
In 2022, Nepal'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+ $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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