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Exports In 2022, Sierra Leone exported $21.8M in Palm Oil, making it the 49th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 8th most exported product in Sierra Leone. The main destination of Palm Oil exports from Sierra Leone are: Senegal ($10.4M), Portugal ($4.49M), Netherlands ($2.75M), Mozambique ($1.36M), and Malaysia ($986k).

The fastest growing export markets for Palm Oil of Sierra Leone between 2021 and 2022 were Netherlands ($2.73M), Mozambique ($1.36M), and Malaysia ($986k).

Imports In 2022, Sierra Leone imported $5.01M in Palm Oil, becoming the 139th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 77th most imported product in Sierra Leone. Sierra Leone imports Palm Oil primarily from: Indonesia ($3.42M), Malaysia ($1.59M), and Lebanon ($859).

The fastest growing import markets in Palm Oil for Sierra Leone between 2021 and 2022 were Indonesia ($3.28M) and Lebanon ($859).

Latest Trends

Jul 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)$21.8M
IMPORTS (2022)$5.01M
NET TRADE (2022)$16.8M

In 2022, Sierra Leone exported $21.8M in Palm Oil. The main destinations of Sierra Leone exports on Palm Oil were Senegal ($10.4M), Portugal ($4.49M), Netherlands ($2.75M), Mozambique ($1.36M), and Malaysia ($986k).

In 2022, Sierra Leone imported $5.01M in Palm Oil, mainly from Indonesia ($3.42M), Malaysia ($1.59M), and Lebanon ($859).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Sierra Leone WERE (2021 - 2022):
Netherlands$2.73M (16.3k%)
Mozambique$1.36M (1%)
Malaysia$986k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Sierra Leone WERE (2021 - 2022):
Senegal-$1.85M (-15.1%)
Republic of the Congo-$1.66M (-100%)
Cameroon-$804k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sierra Leone's main exporting competitors in Palm Oil were:
In 2022, Sierra Leone'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
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TOP EXPORT POTENTIALNetherlands+ $3.26M
TOP IMPORT POTENTIALIndonesia+ $1.09M

Palm Oil’s highest export potential is Netherlands. With an export gap of $3.26M.   Palm Oil’s highest import potential is Indonesia with an import gap of $1.09M.

See methodology.

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