Palm oil imports in Senegal: data, top suppliers and prices
In 2024, Senegal imported palm oil worth $242.5 million (266.6 thousand tonnes). Its share of world imports was 1%. That is 19% less 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
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $242.5M | 266.6K t |
| 2023 | $298.0M | 257.0K t |
| 2022 | $267.6M | 210.9K t |
| 2021 | $237.8M | 227.0K t |
| 2020 | $207.7M | 227.5K t |
| 2019 | $122.8M | 164.5K t |
| 2018 | $131.0M | 174.9K t |
| 2017 | $114.0M | 139.0K t |
Where Senegal imports palm oil from
Malaysia alone supplied 57% of it.
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $138.6M | 57% |
| Indonesia | $57.1M | 24% |
| Cote d'Ivoire | $14.0M | 5.8% |
| India | $10.4M | 4.3% |
| Ghana | $6.3M | 2.6% |
| Gabon | $5.5M | 2.3% |
| Sierra Leone | $3.9M | 1.6% |
| Togo | $3.6M | 1.5% |
| Morocco | $1.1M | 0.5% |
| Turkey | $466K | 0.2% |
Product types under HS 1511
| 1511.90 | Refined palm oil | 84% |
| 1511.10 | Crude palm oil | 17% |
Codes and full descriptions: HS heading 1511.
Average import price per kg
The average declared value was about $0.91 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 Senegal
Senegal exported $1.2 million of palm oil in 2024 (1.4 thousand tonnes). Mauritania alone took 55% of it. Among the main buyer markets, Mali grew fastest (+479% on the year before).
| Destination | Value | Share |
|---|---|---|
| Mauritania | $665K | 55% |
| Mali | $413K | 34% |
| Spain | $93K | 7.7% |
| Gambia | $19K | 1.5% |
| Canada | $17K | 1.4% |
| United States | $4K | 0.3% |
| France | $3K | 0.2% |
| Netherlands | $3K | 0.2% |
| Cabo Verde | $2K | 0.1% |
| South Korea | $0K | 0% |
Who is behind these numbers in Senegal?
The shipment records behind Senegal palm oil imports (HS 1511): 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: Palm oil and its fractions; whether or not refined, but not chemically modified.
Common questions
What is the value of palm oil imported by Senegal?
Senegal imported palm oil worth $242.5 million in 2024, the latest year with complete public data, about 266.6 thousand tonnes. That ranks it 36th of 210 countries worldwide, with 1% of world imports. The value was down 19% on 2023.
Which countries supply palm oil to Senegal?
Malaysia was the largest supplier with 57% of the value ($138.6 million), followed by Indonesia (24%) and Cote d'Ivoire (6%). The top three together account for 86%, out of 23 supplier countries in total. Morocco grew fastest among the top ten, up 441% on the year.
What is the average import price of palm oil per kg?
The average declared import value was about $0.91 per kg in 2024, 9% below 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 Senegal changed since 2017?
Imports went from $114.0 million in 2017 to $242.5 million in 2024, an increase of 113%. The peak was 2023 at $298.0 million. Over 8 years the average was $202.7 million a year.
Does Senegal also export palm oil?
Yes. Senegal exported $1.2 million worth of this product in 2024, mainly to Mauritania, Mali and Spain. On balance Senegal is a net importer of this product, by about $241.3 million a year.
What is the HS code for palm oil?
The HS code for palm oil is heading 1511. In Senegal the largest six-digit codes were 1511.90 (83% of the value) and 1511.10 (17%).
How can I find the companies behind this trade?
For Senegal, 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 Senegal
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