In 2023, Brazil led global peanut oil exports with 145,000 metric tons, benefiting from a significant 24.23% increase. India experienced a substantial surge of 61.86%, highlighting its growing role. Conversely, Argentina saw a decline of 5.65%, marking a broader downward trend. Other noteworthy movements included growth in the United States at 11.84% and a moderate increase in Sudan at 10.76%. Consistent volumes were noted from Mali, China, Nigeria, and Malaysia.
Future trends indicate that countries like India may continue to capitalize on expanding agricultural advancements and increased global demand, whereas traditional giants like Argentina may need strategies to counteract production challenges. Monitoring technological adoption and climatic impacts could be key for export potentials in these regions.
Top countries in Peanut Oil Export by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 145 | 2023 | +3.57% | +24.23% | View data |
| 2 | 2 India | 100 | 2023 | -9.09% | +61.86% | View data |
| 3 | 3 Argentina | 80 | 2023 | +45.45% | -5.65% | View data |
| 4 | 4 Senegal | 30 | 2023 | +25% | -15.1% | View data |
| 5 | 5 Sudan | 25 | 2023 | +25% | +10.76% | View data |
| 6 | 6 Mali | 19 | 2023 | 0% | 0% | View data |
| 7 | 7 Nicaragua | 13 | 2023 | 0% | -2.82% | View data |
| 8 | 8 China | 10 | 2023 | 0% | 0% | View data |
| 9 | 9 United States | 7 | 2023 | +16.67% | +11.84% | View data |
| 10 | 10 Hong Kong | 3 | 2023 |
