The quantity of palm oil sold by Austria in 2020 was 20 tons. In 2019 Austria exported 60 tonnes of palm oil. Across 2019 alone, the market for Austria palm oil (processed category) has gone down, flactuating by -55.224 % compared to the year 2018. Between 2017 and 2019, palm oil's exports decreased by -98.71 percent netting Austria US$0.08m for the year 2019. Austria's palm oil exports are classified as:
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
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Österreich palmöl export values
In 2019, Austria supplied palm oil costing 0.08m USD, a contraction of -62.96% from 2018's total palm oil export of 0.216m USD. The annual reduction in value of Austria palm oil between 2017 to 2018 was -96.885 per cent.
The annual variation in the amount of Austria's palm oil exports between 2017 and 2019 was -98.71 per cent compared to a variation of -55.224% in the period between 2018 and 2019.
Austria's share of the world's total palm oil's exports in 2019 was less than 1%. Austria holds number 38 in world exports of palm oil.
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Export markets for Österreich palmöl ( in '000$ )
Austria's best performing destinations for palm oil are Sweden, Italy, Slovakia, Serbia and Romania.
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Import/Export Trends
Austria is a net importer of palm oil. The annual growth of Austria palm oil in value between 2015 to 2019 was 18%, per annum, while annual growth in quantity through the same period was %, per annum.
Austria imported 36,336 tonnes of palm oil in 2019.
