Palm Oil in Venezuela | The Observatory of Economic Complexity

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Exports In 2022, Venezuela exported $197k in Palm Oil, making it the 108th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 168th most exported product in Venezuela. The main destination of Palm Oil exports from Venezuela are: Colombia ($197k) and France ($71).

Imports In 2022, Venezuela imported $31.6M in Palm Oil, becoming the 107th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 65th most imported product in Venezuela. Venezuela imports Palm Oil primarily from: Colombia ($26.1M), Guatemala ($4.98M), Ecuador ($351k), Indonesia ($111k), and Lebanon ($9.68k).

The fastest growing import markets in Palm Oil for Venezuela between 2021 and 2022 were Colombia ($12.9M), Guatemala ($4.98M), and Indonesia ($84k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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

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Trade Value

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Growth (%)

Year

EXPORTS (2022)$197k

IMPORTS (2022)$31.6M

NET TRADE (2022)-$31.4M

In 2022, Venezuela exported $197k in Palm Oil. The main destinations of Venezuela exports on Palm Oil were Colombia ($197k) and France ($71).

In 2022, Venezuela imported $31.6M in Palm Oil, mainly from Colombia ($26.1M), Guatemala ($4.98M), Ecuador ($351k), Indonesia ($111k), and Lebanon ($9.68k).

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