Palm Oil in Bangladesh | The Observatory of Economic Complexity

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Exports In 2018, Bangladesh exported $2.52M in Palm Oil, making it the 67th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 196th most exported product in Bangladesh. The main destination of Palm Oil exports from Bangladesh are: India ($2.49M), Kuwait ($31.4k), Canada ($379), and France ($44).

The fastest growing export markets for Palm Oil of Bangladesh between 2021 and 2022 were Kuwait ($31.4k).

Imports In 2022, Bangladesh imported $1.77B in Palm Oil, becoming the 6th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 5th most imported product in Bangladesh. Bangladesh imports Palm Oil primarily from: Indonesia ($1.48B), Malaysia ($295M), India ($54.1k), Singapore ($3.44k), and United Arab Emirates ($395).

The fastest growing import markets in Palm Oil for Bangladesh between 2021 and 2022 were Malaysia ($220M) and Indonesia ($119M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Bangladesh to the United States.

Feb 2024

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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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EXPORTS (2022)$2.52M

IMPORTS (2022)$1.77B

NET TRADE (2022)-$1.77B

In 2022, Bangladesh exported $2.52M in Palm Oil. The main destinations of Bangladesh exports on Palm Oil were India ($2.49M), Kuwait ($31.4k), Canada ($379), and France ($44).

In 2022, Bangladesh imported $1.77B in Palm Oil, mainly from Indonesia ($1.48B), Malaysia ($295M), India ($54.1k), Singapore ($3.44k), and United Arab Emirates ($395).