Refined palm oil exports from the United Arab Emirates: data, top buyers and prices
In 2024, the United Arab Emirates exported refined palm oil worth $40.1 million (33.5 thousand tonnes). Value fell 79% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $370.6 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $40.1M | 33.5K t |
| 2023 | $194.3M | 161.9K t |
| 2022 | $370.6M | 256.5K t |
| 2021 | $275.7M | 223.5K t |
| 2020 | $121.1M | 130.6K t |
| 2019 | $64.4M | 81.0K t |
| 2018 | $106.9M | 124.0K t |
| 2017 | $33.5M | 37.6K t |
Where the United Arab Emirates exports refined palm oil to
Most of it went to Bahrain (37%), Qatar (26%), Kuwait (15%). Among the main buyer markets, Peru grew fastest (+330% on the year before).
| Destination | Value | Share |
|---|---|---|
| Bahrain | $14.9M | 37% |
| Qatar | $10.4M | 26% |
| Kuwait | $6.0M | 15% |
| Morocco | $3.6M | 8.9% |
| Saudi Arabia | $1.7M | 4.1% |
| Peru | $776K | 1.9% |
| Tanzania | $412K | 1% |
| Gambia | $315K | 0.8% |
| Mauritius | $296K | 0.7% |
| Egypt | $269K | 0.7% |
Average export price per kg
The average declared value was about $1.20 per kg, close to the world average of $1.01.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined palm oil imports to the United Arab Emirates
The United Arab Emirates imported $541.3 million of refined palm oil in 2024 (574.7 thousand tonnes). Its share of world imports was 2%. 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 |
|---|---|---|
| Indonesia | $365.0M | 67% |
| Malaysia | $157.3M | 29% |
| Saudi Arabia | $16.2M | 3% |
| Singapore | $2.6M | 0.5% |
| Netherlands | $116K | 0% |
| Sri Lanka | $26K | 0% |
| India | $9K | 0% |
| Cote d'Ivoire | $5K | 0% |
| Kenya | $2K | 0% |
| France | $2K | 0% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates refined palm oil exports (HS 1511.90): 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 1511.90: Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified.
Common questions
What is the value of refined palm oil exported by the United Arab Emirates?
The United Arab Emirates exported refined palm oil worth $40.1 million in 2024, the latest year with complete public data, about 33.5 thousand tonnes. That ranks it 27th of 141 countries worldwide, with 0% of world exports. The value was down 79% on 2023.
Which countries buy refined palm oil from the United Arab Emirates?
Bahrain was the largest buyer with 37% of the value ($14.9 million), followed by Qatar (26%) and Kuwait (15%). The top three together account for 78%, out of 38 buyer countries in total. Peru grew fastest among the top ten, up 330% on the year.
What is the average export price of refined palm oil per kg?
The average declared export value was about $1.20 per kg in 2024, 19% above the world average of $1.01 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of refined palm oil from the United Arab Emirates changed since 2017?
Exports went from $33.5 million in 2017 to $40.1 million in 2024, an increase of 20%. The peak was 2022 at $370.6 million. Over 8 years the average was $150.8 million a year.
Does the United Arab Emirates also import refined palm oil?
Yes. The United Arab Emirates imported $541.3 million worth of this product in 2024, mainly from Indonesia, Malaysia and Saudi Arabia. That compares with exports of $40.1 million in the same year.
What is the HS code for refined palm oil?
The HS code for refined palm oil is subheading 1511.90. 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?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for the United Arab Emirates. Tell us your product to see it live.
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