Indonesia leads global oil crops production, contributing 25.1% in metric tons, followed by Brazil at 12.01% and the United States at 10.55%. Other significant producers include Malaysia at 8.74% and China at 6.39%. In 2023, Indonesia and Brazil increased production by 3.17% and 2.5% respectively, while the United States saw a decline of 1.42%. Argentina showed the highest positive growth at 7.07%, indicating a potential shift in production dynamics.
Looking forward, observe Indonesia's expanding dominance alongside Brazil's steady growth. Also, watch for potential shifts if Argentina continues its upward trend and how geopolitical factors might impact Russia and Ukraine’s production levels.
Top countries in Oil Crops Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 25.1 | 2023 | +3.13% | +3.17% | View data |
| 2 | 2 Brazil | 12.01 | 2023 | +2.88% | +2.5% | View data |
| 3 | 3 United States | 10.55 | 2023 | +0.89% | -1.42% | View data |
| 4 | 4 Malaysia | 8.74 | 2023 | +1.26% | +1.29% | View data |
| 5 | 5 China | 6.39 | 2023 | +1.08% | +1.88% | View data |
| 6 | 6 India | 5.65 | 2023 | +1.49% | +1.78% | View data |
| 7 | 7 Argentina | 5.06 | 2023 | +1.25% | +7.07% | View data |
| 8 | 8 Canada | 2.4 | 2023 | +1.92% | +0.37% | View data |
| 9 | 9 Russia | 2.14 | 2023 | +3.93% | +5.77% | View data |
| 10 | 10 Ukraine | 2.13 | 2023 | +3.48% | +3.7% | View data |
