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Western Africa (excluding intra-trade) Fats and Oils (excluding Butter) Export value
What is Western Africa (excluding intra-trade)'s fats and oils (excluding butter) export value (1000 usd)? As of 2023, it's 356.4K 1000 USD, up from 228.4K 1000 USD in 2014.
| Label | Fats and Oils (excluding Butter) Export value (1000 USD) |
|---|---|
| 2014 | 228408.58 1000 USD |
| 2015 | 212918.13 1000 USD |
| 2016 | 277353.06 1000 USD |
| 2017 | 161135.62 1000 USD |
| 2018 | 399773.35 1000 USD |
| 2019 | 271144 1000 USD |
| 2020 | 243019.72 1000 USD |
| 2021 | 412130.64 1000 USD |
| 2022 | 491298.24 1000 USD |
| 2023 | 356433.08 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Western Africa (excluding intra-trade) Fats and Oils (excluding Butter) Export value: Key Points
- The 2014-2023 run puts Western Africa (excluding intra-trade)'s fats and Oils (excluding Butter) Export value at 356.43K USD by the end, up from 228.41K USD at the start — a rise of some 56%.
- 2017: collapses to 161.14K USD (-42%).
- 2018: spikes to 399.77K USD (+148%).
- 2019: drops hard to 271.14K USD (-32%).
- 2021: shoots up to 412.13K USD (+70%).
- Net result across the whole period: up 56.1%, closing 2023 at 356.43K USD.
What Broke Global Trade In 2020
No consistent direction here means no reliable forecast either. Whatever caused the last move up or down, it hasn't been strong enough to hold for long.
Read this drop as part of the worldwide pandemic trade shock — lockdowns disrupted shipping, production, and demand together, and most countries' trade data shows the same pattern.
The pace of this recovery matches the broader trade rebound most economies experienced in 2021, tied to reopening and renewed demand.
This kind of indicator is almost never measured continuously — it's estimated from periodic data collection, published and later revised by Western Africa (excluding intra-trade)'s statistical authority. Direction is the reliable part; individual years less so.
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