Overview This page contains the latest trade data of Palm Oil. In 2021, Palm Oil were the world's 87th most traded product, with a total trade of $51.1B. Between 2020 and 2021 the exports of Palm Oil grew by 49.1%, from $34.3B to $51.1B. Trade in Palm Oil represent 0.24% of total world trade.
Palm Oil are a part of Animal or vegetable fats, oils, & waxes. They include Palm oil or fractions simply refined and Palm oil, crude.
Exports In 2021 the top exporters of Palm Oil were Indonesia ($27.3B), Malaysia ($15B), Netherlands ($1.18B), Guatemala ($715M), and Papua New Guinea ($706M).
Imports In 2021 the top importers of Palm Oil were India ($8.72B), China ($5.33B), Pakistan ($3.36B), Netherlands ($2.25B), and United States ($1.71B).
Tariffs In 2018 the average tariff for Palm Oil was 9.26%, making it the 460th lowest tariff using the HS4 product classification.
Ranking Palm Oil ranks 1014th in the Product Complexity Index (PCI).