Crude palm oil imports in Morocco: data, top suppliers and prices
In 2024, Morocco imported crude palm oil worth $54.5 million (53.3 thousand tonnes). That is 13% more than in 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $54.5M | 53.3K t |
| 2023 | $48.1M | 45.4K t |
| 2022 | $67.5M | 51.1K t |
| 2021 | $49.3M | 46.0K t |
| 2020 | $21.9M | 31.3K t |
| 2019 | $16.5M | 32.5K t |
| 2018 | $14.1M | 27.0K t |
| 2017 | $25.7M | 38.2K t |
Where Morocco imports crude palm oil from
The largest suppliers were Cote d'Ivoire (49%), Liberia (29%), Malaysia (12%). Among the main suppliers, Liberia grew fastest (+472% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Cote d'Ivoire | $26.7M | 49% |
| Liberia | $15.7M | 29% |
| Malaysia | $6.6M | 12% |
| Guatemala | $2.9M | 5.4% |
| Indonesia | $2.5M | 4.5% |
| Spain | $39K | 0.1% |
| Belgium | $0K | 0% |
Average import price per kg
The average declared value was about $1.02 per kg, close to the world average of $0.99.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Morocco?
The shipment records behind Morocco crude palm oil imports (HS 1511.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1511.10: Vegetable oils: palm oil and its fractions, crude, not chemically modified.
Common questions
What is the value of crude palm oil imported by Morocco?
Morocco imported crude palm oil worth $54.5 million in 2024, the latest year with complete public data, about 53.3 thousand tonnes. That ranks it 17th of 144 countries worldwide, with 0% of world imports. The value was up 13% on 2023.
Which countries supply crude palm oil to Morocco?
Cote d'Ivoire was the largest supplier with 49% of the value ($26.7 million), followed by Liberia (29%) and Malaysia (12%). The top three together account for 90%, out of 7 supplier countries in total. Liberia grew fastest among the top ten, up 472% on the year.
What is the average import price of crude palm oil per kg?
The average declared import value was about $1.02 per kg in 2024, close to the world average of $0.99 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of crude palm oil to Morocco changed since 2017?
Imports went from $25.7 million in 2017 to $54.5 million in 2024, an increase of 112%. The peak was 2022 at $67.5 million. Over 8 years the average was $37.2 million a year.
What is the HS code for crude palm oil?
The HS code for crude palm oil is subheading 1511.10. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1511 page.
How can I find the companies behind this trade?
EximDataX rebuilds Morocco trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
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