2023
Exports
$3.34MWorld Rnk 60 / 150
Flag Rnk 107 / 946
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$78.7MWorld Rnk 66 / 206
Flag Rnk 22 / 1153
2023
ECONOMIC COMPLEXITY of Zambia
-0.65Rnk 94 / 132

About

Exports In 2023, Zambia exported $3.34M in Palm Oil, making it the 60th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 107th most exported product in Zambia. The main destination of Palm Oil exports from Zambia are: Democratic Republic of the Congo ($1.57M), Malawi ($1.04M), and Zimbabwe ($735k).

The fastest growing export markets for Palm Oil of Zambia between 2022 and 2023 were Democratic Republic of the Congo ($1.34M), Malawi ($836k), and Zimbabwe ($633k).

Imports In 2023, Zambia imported $78.7M in Palm Oil, becoming the 66th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 22nd most imported product in Zambia. Zambia imports Palm Oil primarily from: Malaysia ($53.9M), South Africa ($19.2M), Kenya ($1.6M), Mauritius ($1.51M), and Singapore ($1.25M).

The fastest growing import markets in Palm Oil for Zambia between 2022 and 2023 were Malaysia ($3.47M), Singapore ($1.24M), and South Africa ($911k).

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)$3.34M
IMPORTS (2023)$78.7M
NET TRADE (2023)-$75.3M

In 2023, Zambia exported $3.34M in Palm Oil. The main destinations of Zambia exports on Palm Oil were Democratic Republic of the Congo ($1.57M), Malawi ($1.04M), and Zimbabwe ($735k).

In 2023, Zambia imported $78.7M in Palm Oil, mainly from Malaysia ($53.9M), South Africa ($19.2M), Kenya ($1.6M), Mauritius ($1.51M), and Singapore ($1.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Zambia WERE (2022 - 2023):
Malawi$836k (409%)
Zimbabwe$633k (617%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Zambia's main exporting competitors in Palm Oil were:
In 2023, Zambia'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 POTENTIALZimbabwe+ $48.3k
TOP IMPORT POTENTIALKenya+ $584k

Palm Oil’s highest export potential is Zimbabwe. With an export gap of $48.3k.   Palm Oil’s highest import potential is Kenya with an import gap of $584k.

See methodology.

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