South Africa palm oil export quantities

In 2019 South Africa sold 50,407,305 tonnes of palm oil. For the year 2019 alone, the interest in South Africa palm oil (processed category) has surged, with a change of 1.346 per cent compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -10.73% earning the nation US$15.33m for the year 2019. South Africa's palm oil exports are categorised as:

  • Crude palm kernel and babassu oil (HS code 151321)
  • Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
  • Crude palm oil (HS code 151110)
  • Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)

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South Africa palm oil export values

In 2019, South Africa sold palm oil costing 15.33m USD, a decrease of -6.42% from 2018's total palm oil export of 16.381m USD. The yearly change in value of South Africa palm oil between 2017 to 2018 was -19.002 pc.

The yearly variation in the volume of South Africa's palm oil exports between 2017 and 2019 was -10.73 percent when compared to a variation of 1.346% in the growth rate between 2018 and 2019.

South Africa's portion of the world's total palm oil's exports in 2019 was less than 1%. The country is ranked position 16 in world exports of palm oil.

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Export markets for South Africa palm oil ( in '000$ )

South Africa's best performing export markets for palm oil are Lesotho, Zimbabwe, Swaziland (Eswatini), Zambia and Malawi.

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Import/Export Trends

South Africa is a net exporter of palm oil. The annual growth of South Africa palm oil in value between 2015 to 2019 was 14%, per annum, while annual growth in quantity during the same period was 6%, per annum.

South Africa purchased 533,928 tonnes of palm oil in 2019.