2023
Exports
$30.8kWorld Rnk 127 / 150
Flag Rnk 576 / 961
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$160MWorld Rnk 53 / 206
Flag Rnk 14 / 1148
2023
ECONOMIC COMPLEXITY of Senegal
-0.51Rnk 87 / 132

About

Exports In 2023, Senegal exported $30.8k in Palm Oil, making it the 127th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 576th most exported product in Senegal. The main destination of Palm Oil exports from Senegal are: Canada ($13.9k), Mauritania ($7.23k), Cape Verde ($3.2k), Gambia ($2.88k), and China ($2.85k).

The fastest growing export markets for Palm Oil of Senegal between 2022 and 2023 were Canada ($8.82k), Cape Verde ($2.44k), and France ($661).

Imports In 2023, Senegal imported $160M in Palm Oil, becoming the 53rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 14th most imported product in Senegal. Senegal imports Palm Oil primarily from: Malaysia ($67.6M), Indonesia ($50.5M), India ($15.7M), Spain ($4.68M), and Ghana ($4.44M).

The fastest growing import markets in Palm Oil for Senegal between 2022 and 2023 were Malaysia ($23.8M), Indonesia ($19.9M), and India ($11.1M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$30.8k
IMPORTS (2023)$160M
NET TRADE (2023)-$160M

In 2023, Senegal exported $30.8k in Palm Oil. The main destinations of Senegal exports on Palm Oil were Canada ($13.9k), Mauritania ($7.23k), Cape Verde ($3.2k), Gambia ($2.88k), and China ($2.85k).

In 2023, Senegal imported $160M in Palm Oil, mainly from Malaysia ($67.6M), Indonesia ($50.5M), India ($15.7M), Spain ($4.68M), and Ghana ($4.44M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Senegal WERE (2022 - 2023):
Canada$8.82k (172%)
Cape Verde$2.44k (321%)
France$661 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Senegal WERE (2022 - 2023):
Mauritania-$191k (-96.3%)
Gambia-$145k (-98.1%)
Cote d'Ivoire-$126k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Senegal's main exporting competitors in Palm Oil were:
In 2023, Senegal's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

Explore Visualizations

Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMauritania+ $62k
TOP IMPORT POTENTIALCote d'Ivoire+ $1.27M

Palm Oil’s highest export potential is Mauritania. With an export gap of $62k.   Palm Oil’s highest import potential is Cote d'Ivoire with an import gap of $1.27M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with