๐ฆ๐ช United Arab Emirates imports of palm oil: 2024 trade data
Imports of palm oil by the United Arab Emirates reached $541.3 million in 2024 (574.7 thousand tonnes). Its share of world imports was 1%. That is 23% more than in 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of palm oil by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $541.3M | 574.7K t |
| 2023 | $441.4M | 395.2K t |
| 2022 | $431.3M | 362.1K t |
| 2021 | $376.2M | 329.9K t |
| 2020 | $199.5M | 261.2K t |
| 2019 | $206.5M | 327.9K t |
| 2018 | $247.0M | 366.1K t |
| 2017 | $296.5M | 413.6K t |
Where the United Arab Emirates imports palm oil from
One supplier dominates: Indonesia accounted for 67% of the value. Among the main suppliers, Indonesia grew fastest (+80% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ฎ๐ฉ Indonesia | $365.0M | 67% |
| ๐ฒ๐พ Malaysia | $157.3M | 29% |
| ๐ธ๐ฆ Saudi Arabia | $16.2M | 3% |
| ๐ธ๐ฌ Singapore | $2.6M | 0.5% |
| ๐ณ๐ฑ Netherlands | $116K | 0% |
| ๐ฑ๐ฐ Sri Lanka | $26K | 0% |
| ๐ฎ๐ณ India | $9K | 0% |
| ๐จ๐ฎ Cote d'Ivoire | $5K | 0% |
| ๐ฌ๐ง United Kingdom | $5K | 0% |
| ๐ฐ๐ช Kenya | $2K | 0% |
Types of palm oil under HS 1511
| 1511.90 | Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | 100% |
| 1511.10 | Vegetable oils: palm oil and its fractions, crude, not chemically modified | 0% |
Codes and full descriptions: HS heading 1511.
Average import price of palm oil
The average declared value was about $0.94 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.
The United Arab Emirates also exports palm oil
Exports of palm oil by the United Arab Emirates reached $67.7 million in 2024 (50.6 thousand tonnes). Most of it went to Mozambique (37%), Bahrain (22%), Qatar (15%). Among the main buyer markets, Qatar grew fastest (+217% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐ฒ๐ฟ Mozambique | $25.1M | 37% |
| ๐ง๐ญ Bahrain | $14.9M | 22% |
| ๐ถ๐ฆ Qatar | $10.4M | 15% |
| ๐ฐ๐ผ Kuwait | $6.0M | 8.9% |
| ๐ฒ๐ฆ Morocco | $3.6M | 5.3% |
| ๐ธ๐ฆ Saudi Arabia | $1.7M | 2.4% |
| ๐ฒ๐ผ Malawi | $1.6M | 2.4% |
| ๐จ๐ซ Central African Republic | $865K | 1.3% |
| ๐ต๐ช Peru | $776K | 1.2% |
| ๐น๐ฟ Tanzania | $601K | 0.9% |
Who is behind these numbers in the United Arab Emirates?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
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.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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.
Palm oil trade in the United Arab Emirates: questions
What is the value of palm oil imported by the United Arab Emirates?
The United Arab Emirates imported palm oil worth $541.3 million in 2024 (574.7 thousand tonnes).
Where does the United Arab Emirates import palm oil from?
The main supplier countries in 2024 were Indonesia (67%), Malaysia (29%), Saudi Arabia (3%).
What is the average import price of palm oil in the United Arab Emirates?
The average declared import value was about $0.94 per kg in 2024, against a world average of $1.00 per kg.
Does the United Arab Emirates export palm oil?
Yes. The United Arab Emirates exported palm oil worth $67.7 million in 2024, mainly to Mozambique, Bahrain, Qatar.
What is the HS code for palm oil?
Palm oil falls under HS heading 1511 (Palm oil and its fractions; whether or not refined, but not chemically modified). The six-digit codes under it split the product by type.
How can I find the companies trading palm oil with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Palm oil trade in other countries
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