In 2023, Indonesia and Malaysia dominate the global palm oil export market with 26.104 and 10.96 billion kilograms, respectively. The Netherlands and Germany are significant but considerably smaller players, with values below 2 billion kilograms. Emerging exporters like the Ivory Coast and Estonia show potential, while the U.S., Russia, and several European countries maintain stable low-level exports. The most significant year-on-year changes occurred in Slovenia, Hungary, and Benin, highlighting dynamic shifts in their export capabilities.
Future trends to watch include potential shifts due to environmental policies, increased demand from growing economies, and changes in major countries' production capabilities. Market diversification and sustainability concerns may influence the global trade map for palm oil exports. Observing these factors could indicate shifts away from traditionally dominant producers like Indonesia and Malaysia.
Top countries in Export of Palm Oil or Fractions Simply Refined by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 26,104,000,000 | 2023 | +3.74% | +4.11% | View data |
| 2 | 2 Malaysia | 10,960,000,000 | 2023 | +0.67% | +0.86% | View data |
| 3 | 3 Netherlands | 1,119,800,000 | 2023 | +0.51% | +1.98% | View data |
| 4 | 4 Germany | 435,290,000 | 2023 | +2.63% | +3.78% | View data |
| 5 | 5 Ivory Coast | 155,530,000 | 2023 | +1.29% | +0.25% | View data |
| 6 | 6 Italy | 133,330,000 | 2023 | +4% | +3.85% | View data |
| 7 | 7 Denmark | 127,470,000 | 2023 | +4.12% | +4.4% | View data |
| 8 | 8 United Arab Emirates | 127,050,000 | 2023 | +4.28% | +2.3% | View data |
| 9 | 9 Estonia | 124,880,000 | 2023 | +6.67% | +2.29% | View data |
| 10 | 10 Thailand | 96,978,000 | 2023 | +2.96% | +1.44% | View data |
