Overview This page contains the latest trade data of Palm Oil. In 2020, Palm Oil were the world's 104th most traded product, with a total trade of $34.1B. Between 2019 and 2020 the exports of Palm Oil grew by 13.7%, from $30B to $34.1B. Trade in Palm Oil represent 0.2% 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 2020 the top exporters of Palm Oil were Indonesia ($17.9B), Malaysia ($10.6B), Netherlands ($1.03B), Guatemala ($466M), and Papua New Guinea ($434M).
Imports In 2020 the top importers of Palm Oil were India ($5.04B), China ($3.66B), Pakistan ($2.15B), Netherlands ($1.72B), and Spain ($1.25B).
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 1012th in the Product Complexity Index (PCI).