Palm Oil in United Arab Emirates | The Observatory of Economic Complexity

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Exports In 2022, United Arab Emirates exported $248M in Palm Oil, making it the 16th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 131st most exported product in United Arab Emirates. The main destination of Palm Oil exports from United Arab Emirates are: Somalia ($102M), Djibouti ($31.5M), Yemen ($26.9M), Oman ($23.9M), and Afghanistan ($18.9M).

The fastest growing export markets for Palm Oil of United Arab Emirates between 2021 and 2022 were Somalia ($32M), Yemen ($22.6M), and Oman ($9.21M).

Imports In 2022, United Arab Emirates imported $614M in Palm Oil, becoming the 22nd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 83rd most imported product in United Arab Emirates. United Arab Emirates imports Palm Oil primarily from: Malaysia ($313M), Indonesia ($235M), Oman ($47.7M), Saudi Arabia ($16.7M), and Singapore ($1.03M).

The fastest growing import markets in Palm Oil for United Arab Emirates between 2021 and 2022 were Malaysia ($193M), Oman ($17.4M), and Turkey ($654k).

COMPANIES In 2023, leading companies such as CHEVRON PRODUCTS COMPANY (2) were at the forefront of shipping Palm Oil from United Arab Emirates to the United States.

Latest Trends

Mar 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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Year

EXPORTS (2022)$248M

IMPORTS (2022)$614M

NET TRADE (2022)-$366M

In 2022, United Arab Emirates exported $248M in Palm Oil. The main destinations of United Arab Emirates exports on Palm Oil were Somalia ($102M), Djibouti ($31.5M), Yemen ($26.9M), Oman ($23.9M), and Afghanistan ($18.9M).

In 2022, United Arab Emirates imported $614M in Palm Oil, mainly from Malaysia ($313M), Indonesia ($235M), Oman ($47.7M), Saudi Arabia ($16.7M), and Singapore ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

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Exports

Imports

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Ending

THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR United Arab Emirates WERE (2021 - 2022):

Somalia$32M (45.5%)

Yemen$22.6M (517%)

Oman$9.21M (62.6%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY United Arab Emirates WERE (2021 - 2022):

Iran-$39.4M (-94.7%)

Afghanistan-$9.52M (-33.5%)

Saudi Arabia-$1.77M (-47.4%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, United Arab Emirates's main exporting competitors in Palm Oil were:

Indonesia $28.7B

Malaysia $17.7B

Thailand $1.31B

In 2022, United Arab Emirates's main importing competitors in Palm Oil were:

India $11.1B

China $4.85B

Pakistan $3.8B

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2022)

Import Origins (2022)

Market Growth

Change in Exports by Market (2021 - 2022)

Market Concentration

Trade Value of Palm Oil by Exporters

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