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Niemcy olej palmowy - Production, Exports, Imports, Seasons and HS Codes
The volume of palm oil sold by Germany in 2020 was 330,297 metric tonnes. In 2019 Germany exported 351,593 tonnes of palm oil. For the year 2019 alone, the interest in Germany palm oil (processed category) has decreased, recording a change of -8.18 % compared to the year 2018. Between 2017 and 2019, palm oil's exports went down by -10.57 pc bringing the exporter US$284.17m for the year 2019. Germany's palm oil exports are classified as:
Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
Crude palm oil (HS code 151110)
Crude palm kernel and babassu oil (HS code 151321)
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In 2019, Germany sold palm oil valued at 284.17m USD, a reduction of -18.79% from 2018's total palm oil export of 349.913m USD. The annual change in value of Germany palm oil between 2017 to 2018 was -5.156%.
The annual change in the amount of Germany's palm oil exports between 2017 and 2019 was -10.57% compared to a variation of -8.18% in the period between 2018 and 2019.
Germany's stake of the world's total palm oil's exports in 2019 was less than 1%. The country holds position 17 in world exports of palm oil.
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Export markets for Niemcy olej palmowy ( in '000$ )
Germany's top export markets for palm oil are Sweden, Poland, Italy, Serbia and Russia.
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Import/Export Trends
Germany is a net importer of palm oil. The annual growth of Germany palm oil in value between 2015 to 2019 was 17%, per annum, while annual growth in quantity was 14%, per annum.
Germany bought 1,013,826 tonnes of palm oil in 2019.
