FAO FAOSTAT Trade Data · Commodity · Code 257
Palm oil
Global agricultural trade data from FAO FAOSTAT. Cumulative 2018–2023 values for the top 50 trading nations.
- $240.6B
- exports, 2018–2023
- $262.5B
- imports, 2018–2023
- 47.8%
- of trade is exports
- #5 of 100
- by cumulative trade value
Falling latest-year exports
Palm oil in the heavy-trade third
Top-50 export value for Palm oil fell about 22% on the latest full-year pair in this extract.
Cumulative 2018–2023 trade in Palm oil reached $503.1B across the top 50 trading nations - a heavy-third book where duty shifts move real volume. Indonesia leads exports; India leads imports. Closely related US lines usually sit in HTS Chapter 15; map each shipment to the exact 8- or 10-digit subheading before quoting landed cost on a heavy book.
Dig deeper: HTS Chapter 15 rates. Source: FAO FAOSTAT Trade: Crops and Livestock (USD converted from 1000 USD units).
Trade Trend (2019–2023)
| Year | Total Exports (top 50 countries) | Total Imports (top 50 countries) |
|---|---|---|
| 2019 | $25.5B | $25.4B |
| 2020 | $30.1B | $27.5B |
| 2021 | $45.4B | $42.3B |
| 2022 | $50.7B | $49.6B |
| 2023 | $39.5B | $38.9B |
Top Exporters (2023)
| # | Country | Export Value |
|---|---|---|
| 1 | Indonesia | $22.7B |
| 2 | Malaysia | $11.9B |
| 3 | Netherlands (Kingdom of the) | $1.3B |
| 4 | Thailand | $857.4M |
| 5 | Germany | $478.8M |
| 6 | Italy | $260.5M |
| 7 | Spain | $227.6M |
| 8 | United States of America | $141.2M |
| 9 | Türkiye | $125.6M |
| 10 | Belgium | $98.7M |
Top Importers (2023)
| # | Country | Import Value |
|---|---|---|
| 1 | India | $8.8B |
| 2 | China; mainland | $5.1B |
| 3 | Pakistan | $2.9B |
| 4 | United States of America | $2.0B |
| 5 | Netherlands (Kingdom of the) | $1.6B |
| 6 | Bangladesh | $1.6B |
| 7 | Italy | $1.5B |
| 8 | Egypt | $1.3B |
| 9 | Spain | $1.3B |
| 10 | Viet Nam | $1.0B |
Frequently Asked Questions
Which countries export the most Palm oil? ▼
Which countries import the most Palm oil? ▼
How has global trade in Palm oil changed over time? ▼
What tariffs apply to importing Palm oil into the US? ▼
Where does the trade data come from? ▼
Where does Palm oil rank among agricultural commodities tracked on PlainTariff? ▼
Nationwide commodities with similar trade scale
Two FAO FAOSTAT peer sets for Palm oil, each excluding this commodity (country tables above stay the bilateral path).
Similar total trade value
Nearest other commodities by cumulative global trade ($503.1B here).
Similar export share
Nearest other commodities by exports ÷ total trade (47.8% here).
Sources: U.S. International Trade Commission Harmonized Tariff Schedule (2026 Basic Edition) and FAO FAOSTAT Trade: Crops and Livestock. See our methodology for how figures are computed.
Every figure on PlainTariff is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.