Palm oil imports in Morocco: data, top suppliers and prices
Morocco imported $62.1 million of palm oil in 2024 (59.2 thousand tonnes). Value rose 8% on 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $62.1M | 59.2K t |
| 2023 | $57.3M | 52.5K t |
| 2022 | $76.4M | 55.7K t |
| 2021 | $54.4M | 51.3K t |
| 2020 | $28.0M | 40.9K t |
| 2019 | $24.7M | 44.3K t |
| 2018 | $18.0M | 31.9K t |
| 2017 | $36.3M | 48.7K t |
Where Morocco imports palm oil from
The largest suppliers were Cote d'Ivoire (46%), Liberia (25%), Malaysia (11%). Among the main suppliers, Liberia grew fastest (+415% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Cote d'Ivoire | $28.9M | 47% |
| Liberia | $15.7M | 25% |
| Malaysia | $6.6M | 11% |
| United Arab Emirates | $3.6M | 5.7% |
| Guatemala | $2.9M | 4.7% |
| Indonesia | $2.8M | 4.5% |
| Netherlands | $1.0M | 1.6% |
| Sweden | $398K | 0.6% |
| Spain | $80K | 0.1% |
| Belgium | $28K | 0.1% |
Product types under HS 1511
| 1511.10 | Crude palm oil | 88% |
| 1511.90 | Refined palm oil | 12% |
Codes and full descriptions: HS heading 1511.
Average import price per kg
The average declared value was about $1.05 per kg, close to the world average of $1.00.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Palm oil exports from Morocco
Morocco exported $1.4 million of palm oil in 2024 (599 tonnes). Senegal alone took 79% of it. Among the main buyer markets, Senegal grew fastest (+441% on the year before).
| Destination | Value | Share |
|---|---|---|
| Senegal | $1.1M | 79% |
| Canada | $144K | 10% |
| Guinea | $67K | 4.8% |
| Saudi Arabia | $48K | 3.4% |
| Czech Republic | $32K | 2.3% |
| United Kingdom | $1K | 0.1% |
| Spain | $0K | 0% |
| Cabo Verde | $0K | 0% |
| Netherlands | $0K | 0% |
| Indonesia | $0K | 0% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco palm oil imports (HS 1511): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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: Palm oil and its fractions; whether or not refined, but not chemically modified.
Common questions
What is the value of palm oil imported by Morocco?
Morocco imported palm oil worth $62.1 million in 2024, the latest year with complete public data, about 59.2 thousand tonnes. That ranks it 75th of 210 countries worldwide, with 0% of world imports. The value was up 8% on 2023.
Which countries supply palm oil to Morocco?
Cote d'Ivoire was the largest supplier with 46% of the value ($28.9 million), followed by Liberia (25%) and Malaysia (11%). The top three together account for 82%, out of 17 supplier countries in total. Liberia grew fastest among the top ten, up 415% on the year.
What is the average import price of palm oil per kg?
The average declared import value was about $1.05 per kg in 2024, 5% above the world average of $1.00 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of palm oil to Morocco changed since 2017?
Imports went from $36.3 million in 2017 to $62.1 million in 2024, an increase of 71%. The peak was 2022 at $76.4 million. Over 8 years the average was $44.7 million a year.
Does Morocco also export palm oil?
Yes. Morocco exported $1.4 million worth of this product in 2024, mainly to Senegal, Canada and Guinea. On balance Morocco is a net importer of this product, by about $60.7 million a year.
What is the HS code for palm oil?
The HS code for palm oil is heading 1511. In Morocco the largest six-digit codes were 1511.10 (88% of the value) and 1511.90 (12%).
How can I find the companies behind this trade?
For Morocco, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
Palm oil product types in Morocco
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.