Which Country Exports the Most Palm Oil in the World?

Vegetable And Animal Oils And Fats February 01, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global palm oil exports amounted to 46,458 thousand tonnes in 2015, ascending by +8.8% against the previous year level. Overall, the global palm oil exports indicated a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total export volume increased at an average annual rate of +6.9% over the last eight years.

The growth pace was the most rapid in 2008, when the output figure increased by +16% from the previous year level. Over the period under review, the global palm oil exports reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.

In value terms, global exports amounted to $28,500 million in 2015. Overall, the value of global exports increased tangibly from 2007 to 2015, expanding at an average annual rate of +5.2%. This trend pattern, however, indicated relatively mild fluctuations throughout the analyzed period.

Top Palm Oil Exporting Countries in the World

1. Indonesia (26468K Tonnes)

2. Malaysia (15425K Tonnes)

3. Netherlands (1353K Tonnes)

4. Guatemala (471K Tonnes)

5. Germany (443K Tonnes)

6. Colombia (404K Tonnes)

7. Ecuador (275K Tonnes)

Palm Oil Imports By Country

The countries with the highest levels of the palm oil exports in 2015 were Indonesia (26,468 thousand tonnes), Malaysia (15,425 thousand tonnes), the Netherlands (1,353 thousand tonnes), together accounting for 93% of total exports.

From 2007 to 2015, the most notable growth rates of palm oil exports among the main exporting countries was attained by Indonesia (+10.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Indonesia (15,385 million USD), Malaysia (9,501 million USD) and the Netherlands (1,076 million USD) were the countries with the highest levels of exports in 2015, together accounting for 91% of total exports.

Guatemala (+16.5% per year) had the highest growth rates of palm oil exports among the main exporting countries over the last eight years, while the other global leaders experienced more modest paces of growth.

Do you want to know more about global palm oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • palm oil market share
  • palm oil prices
  • palm oil industry
  • palm oil sales
  • palm oil import
  • palm oil export
  • palm oil market forecast
  • palm oil price forecast
  • key palm oil producers

Source: World: Palm Oil - Market Report. Analysis And Forecast To 2025