Imports
€19.5B
17.5B kg
Exports
€830.9M
547.1M kg
Balance
€-18.6B
Deficit
Price/kg
€1.11/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €18.6B for ANIMAL, VEGETABLE OR MICROBIAL FATS AND OILS AND THEIR CLEAVAGE PRODUCTS; PREPARED EDIBLE FATS; ANIMAL OR VEGETABLE WAXES, Palm oil and its fractions, whether or not refined, but not chemically modified (NC8 1511), a predominantly imported product. Imports reached €19.5B versus €830.9M in exports. The average import cost stood at €1.11/kg.
| Country |
|---|
| Value (EUR) |
|---|
| Share (%) |
|---|
| 1 | 🇮🇩 Indonesia | €6.5B | 33.6% |
| 2 | 🇲🇾 Malaysia | €5.4B | 27.9% |
| 3 | 🇬🇹 Guatemala | €2.2B | 11.3% |
| 4 | 🇵🇬 Papua New Guinea | €1.3B | 6.5% |
| 5 | 🇭🇳 Honduras | €968.5M | 5.0% |
| 6 | 🇨🇴 Colombia | €734.8M | 3.8% |
| 7 | 🇶🇼 QW | €144.7M | 0.7% |
| 8 | 🇬🇧 United Kingdom | €104.9M | 0.5% |
| 9 | 🇬🇦 Gabon | €87.5M | 0.4% |
| 10 | 🇨🇳 China | €46.4M | 0.2% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €460.3M | 55.4% |
| 2 | 🇽🇸 XS | €76.7M | 9.2% |
| 3 | 🇷🇺 Russia | €52.2M | 6.3% |
| 4 | 🇺🇾 Uruguay | €40.2M | 4.8% |
| 5 | 🇺🇦 Ukraine | €37.6M | 4.5% |
| 6 | 🇩🇿 Algeria | €17.5M | 2.1% |
| 7 | 🇳🇴 Norway | €4.8M | 0.6% |
| 8 | 🇹🇷 Türkiye | €3.7M | 0.4% |
| 9 | 🇨🇭 Switzerland | €3.6M | 0.4% |
| 10 | 🇺🇸 United States | €2.4M | 0.3% |
€0
€0
€0
€1.11/kg
€1.52/kg
2,612
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇮🇩 Indonesia | €6.5B | 6.0Bt | €1.09/kg | 37.3% | |
| 2 | 🇲🇾 Malaysia | €5.4B | 4.5Bt | €1.20/kg | 31.0% | |
| 3 | 🇬🇹 GT | €2.2B | 2.1Bt | €1.06/kg | 12.5% | |
| 4 | 🇵🇬 PG | €1.3B | 1.2Bt | €1.05/kg | 7.2% | |
| 5 | 🇭🇳 HN | €968.5M | 929.2Mt | €1.04/kg | 5.5% | |
| 6 | 🇨🇴 Colombia | €734.8M | 643.7Mt | €1.14/kg | 4.2% | |
| 7 | 🇶🇼 QW | €144.7M | 105.1Mt | €1.38/kg | 0.8% | |
| 8 | 🇬🇧 United Kingdom | €104.9M | 72.1Mt | €1.45/kg | 0.6% | |
| 9 | 🇬🇦 GA | €87.5M | 84.2Mt | €1.04/kg | 0.5% | |
| 10 | 🇨🇳 China | €46.4M | 42.7Mt | €1.09/kg | 0.3% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €460.3M | 327.2Mt | €1.41/kg | 65.9% | |
| 2 | 🇽🇸 XS | €76.7M | 52.7Mt | €1.45/kg | 11.0% | |
| 3 | 🇷🇺 Russia | €52.2M | 31.6Mt | €1.65/kg | 7.5% | |
| 4 | 🇺🇾 UY | €40.2M | 19.8Mt | €2.03/kg | 5.7% | |
| 5 | 🇺🇦 Ukraine | €37.6M | 27.4Mt | €1.37/kg | 5.4% | |
| 6 | 🇩🇿 Algeria | €17.5M | 9.0Mt | €1.95/kg | 2.5% | |
| 7 | 🇳🇴 Norway | €4.8M | 2.9Mt | €1.66/kg | 0.7% | |
| 8 | 🇹🇷 Turkey | €3.7M | 1.5Mt | €2.40/kg | 0.5% | |
| 9 | 🇨🇭 Switzerland | €3.6M | 3.7Mt | €0.9603/kg | 0.5% | |
| 10 | 🇺🇸 United States | €2.4M | 1.0Mt | €2.41/kg | 0.3% |