2023
Exports
$463kWorld Rnk 96 / 150
Flag Rnk 320 / 1018
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$333MWorld Rnk 34 / 206
Flag Rnk 6 / 1165
2023
ECONOMIC COMPLEXITY of Tanzania
-1.13Rnk 116 / 132

About

Exports In 2023, Tanzania exported $463k in Palm Oil, making it the 96th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 320th most exported product in Tanzania. The main destination of Palm Oil exports from Tanzania are: Uganda ($459k), France ($1.45k), Malawi ($1.15k), Botswana ($977), and Comoros ($525).

The fastest growing export markets for Palm Oil of Tanzania between 2022 and 2023 were Comoros ($525), France ($367), and Botswana ($275).

Imports In 2023, Tanzania imported $333M in Palm Oil, becoming the 34th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 6th most imported product in Tanzania. Tanzania imports Palm Oil primarily from: Malaysia ($301M), Indonesia ($23.3M), Kenya ($5.88M), China ($1.48M), and Singapore ($1.05M).

The fastest growing import markets in Palm Oil for Tanzania between 2022 and 2023 were Malaysia ($182M), Kenya ($3.22M), and China ($1.48M).

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)$463k
IMPORTS (2023)$333M
NET TRADE (2023)-$333M

In 2023, Tanzania exported $463k in Palm Oil. The main destinations of Tanzania exports on Palm Oil were Uganda ($459k), France ($1.45k), Malawi ($1.15k), Botswana ($977), and Comoros ($525).

In 2023, Tanzania imported $333M in Palm Oil, mainly from Malaysia ($301M), Indonesia ($23.3M), Kenya ($5.88M), China ($1.48M), and Singapore ($1.05M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Tanzania WERE (2022 - 2023):
Comoros$525 (1%)
France$367 (33.9%)
Botswana$275 (39.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Tanzania WERE (2022 - 2023):
Uganda-$2.22M (-82.9%)
Spain-$288k (-100%)
Rwanda-$278k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Tanzania's main exporting competitors in Palm Oil were:
In 2023, Tanzania'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 POTENTIALSpain+ $260k
TOP IMPORT POTENTIALKenya+ $4.74M

Palm Oil’s highest export potential is Spain. With an export gap of $260k.   Palm Oil’s highest import potential is Kenya with an import gap of $4.74M.

See methodology.

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