Palm Oil Imports by Country

Palm oil collage (courtesy of Pixabay.com)

Palm oil collage (Pixabay)

International purchases of imported palm oil cost an estimated total US$31.5 billion in 2018.

Overall, the value of palm oil imports decreased by -10.9% for all importing countries since 2014 when international purchases of palm oil cost $35.3 billion. Year over year, palm oil imports slipped -6.8% from 2017 to 2018.

An edible vegetable oil, palm oil is derived from the reddish pulp of oil palm plant fruit. Palm oil is a highly saturated vegetable fat used for lower-cost cooking, blending into mayonnaise and as a butter substitute. Palm oil is also an ingredient for biodiesel fuels.

From a continental perspective, Asian countries imported the highest dollar worth of palm oil during 2018 with purchases valued at $16.9 billion or over half (53.5%) of the global total. In second place were European importers at 24.7% while 14.1% of palm oil imported worldwide was delivered to Africa. Smaller percentages went to customers in North America (4.9%), Latin America (2.2%) excluding Mexico but including the Caribbean, then Oceania (0.5%) led by Australia and Papua New Guinea.

The 4-digit Harmonized Tariff System code prefix is 1515 for palm oil and its refractions, whether or not refined.

Palm Oil Imports by Country

Top 15

Below are the 15 countries that spent the most on imported palm oil during 2018.

  1. India: US$5.5 billion (17.5% of total palm oil imports)
  2. China: $3.4 billion (10.8%)
  3. Pakistan: $1.9 billion (6.1%)
  4. Netherlands: $1.8 billion (5.7%)
  5. Spain: $1.3 billion (4.2%)
  6. United States: $1.1 billion (3.6%)
  7. Bangladesh: $1 billion (3.3%)
  8. Italy: $997 million (3.2%)
  9. Russia: $748.4 million (2.4%)
  10. Egypt: $686.2 million (2.2%)
  11. Germany: $583.7 million (1.9%)
  12. Myanmar (Burma): $575.8 million (1.8%)
  13. Japan: $536.4 million (1.7%)
  14. Vietnam: $513.4 million (1.6%)
  15. Malaysia: $452.8 million (1.4%)

By value, the listed 15 countries purchased 67.4% of all palm oil imports in 2018.

Among the above countries, the fastest-growing markets for palm oil since 2014 were: Myanmar also called Burma (up 940.6%), Egypt (up 60.3%), Malaysia (up 18.7%) and Spain (up 18.3%).

Those countries that posted declines in their imported palm oil purchases were led by: Germany (down -48.5%), Italy (down -35.7%), China (down -22.5%) and Netherlands (down -16.4%).

India

Palm Oil Imported into India

India’s global purchases of imported palm oil totaled US$5.5 billion in 2018. Below are the top 15 suppliers from which India imported the highest dollar value worth of palm oil during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Indonesia: US$3.7 billion (down -6.4% from 2014)
  2. Malaysia: $1.3 billion (down -46.3%)
  3. Thailand: $242.1 million (up 213.5%)
  4. Singapore: $183.4 million (no 2014 data)
  5. Papua New Guinea: $18.2 million (no 2014 data)
  6. Nepal: $15.6 million (no 2014 data)
  7. Philippines: $11.2 million (down -61.8%)
  8. Bhutan: $2.5 million (no 2014 data)
  9. Bangladesh: $982,000 (no 2014 data)
  10. Denmark: $472,000 (no 2014 data)
  11. Spain: $77,000 (no 2014 data)
  12. Cambodia: $68,000 (no 2014 data)
  13. Liberia: $13,000 (no 2014 data)
  14. Netherlands: $8,000 (no 2014 data)
  15. United States: $8,000 (no 2014 data)

The listed 15 countries shipped 99.9998% of India’s palm oil imported in 2018.

Only Thailand expanded its palm oil sales to India since 2014 via a 213.5% gain.

Three countries experienced declines in the value of their palm oil supplied to Indian importers namely: Philippines (down -61.8%), Malaysia (down -46.3%) and Indonesia (down -6.4%).

Overall, the value of India’s palm oil imports fell by an average -16.1% from all supplying countries since 2014 when palm oil purchased were valued at $6.6 billion.

China

Palm Oil Imported into China

China’s global purchases of imported palm oil totaled US$3.4 billion in 2018. Below are the top 10 suppliers from which China imported the highest dollar value worth of palm oil during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Indonesia: US$2.3 billion (up 12.1% from 2014)
  2. Malaysia: $1.1 billion (down -52.1%)
  3. Thailand: $1.1 million (no 2014 data)
  4. Ecuador: $102,000 (up 10100.0%)
  5. Denmark: $34,000 (no 2014 data)
  6. Colombia: $31,000 (no 2014 data)
  7. Netherlands: $16,000 (up 700%)
  8. Germany: $5,000 (no 2014 data)
  9. Italy: $3,000 (no 2014 data)
  10. Japan: $2,000 (no 2014 data)

The listed 10 countries shipped 100% of all China’s imported palm oil in 2018.

Three among the above countries accelerated sales of palm oil to China since 2014 namely: Ecuador (up 10,100%), Netherlands (up 700%) and Indonesia (up 12.1%).

Overall, the value of China’s palm oil imports declined by an average -22.5% from all supplying countries since 2014 when palm oil purchases were valued at $4.4 billion.

Pakistan

Palm Oil Imported into Pakistan

Pakistan’s global purchases of imported palm oil totaled US$1.93 billion in 2018. Below are the top 3 suppliers from which Pakistan imported the highest dollar value worth of palm oil during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Indonesia: US$1.5 billion (up 3.5% from 2014)
  2. Malaysia: $480 million (down -10.8%)
  3. United Arab Emirates: $16,000 (no 2014 data)

The listed 3 countries shipped 100% of all Pakistan’s imported palm oil in 2018.

Overall, the value of Pakistan’s palm oil imports slowed by an average -0.7% from all supplying countries since 2014 when palm oil purchases were valued at $1.94 billion.

Netherlands

Palm Oil Imported into the Netherlands

Dutch global purchases of imported palm oil totaled US$1.8 billion in 2018. Below are the top 15 suppliers from which the Netherlands imported the highest dollar value worth of palm oil during 2018. Within parenthesis is the percentage change in value for each supplying country since 2014.

  1. Indonesia: US$414.2 million (down -49% from 2014)
  2. Malaysia: $407.9 million (down -50.2%)
  3. Papua New Guinea: $291.9 million (up 276.3%)
  4. Colombia: $203.4 million (up 140.3%)
  5. Guatemala: $166.7 million (up 47.4%)
  6. Honduras: $164.5 million (up 71.5%)
  7. Belgium: $64.1 million (up 1,066%)
  8. Denmark: $26.2 million (up 477.5%)
  9. Ecuador: $18.6 million (up 3.9%)
  10. Germany: $17.4 million (up 63.3%)
  11. Solomon Islands: $7.1 million (no 2014 data)
  12. Sweden: $4.6 million (up 1,059%)
  13. Brazil: $2.6 million (down -85.5%)
  14. Austria: $2.3 million (no 2014 data)
  15. France: $2.1 million (up 150.5%)

The listed 15 countries shipped 99.6% of Dutch palm oil imported in 2018.

Among the above countries, the fastest-growing suppliers of palm oil to Netherlands since 2014 were: Belgium (up 1,066%), Sweden (up 1,059%), Denmark (up 477.5%) and Papua New Guinea (up 276.3%).

Three countries experienced declines in the value of their palm oil supplied to Dutch importers namely: Brazil (down -85.5%), Malaysia (down -50.2%) and Indonesia (down -49%).

Overall, the value of Netherlands’s palm oil imports fell by an average -16.4% from all supplying countries since 2014 when palm oil purchases were valued at $2.2 billion.



 

Searchable List of Palm Oil Importers in 2018

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankImporterPalm Oil Imports (US$)%World Total
1.India$5.5 billion17.5%
2.China$3.4 billion10.8%
3.Pakistan$1.9 billion6.1%
4.Netherlands$1.8 billion5.7%
5.Spain$1.3 billion4.2%
6.United States$1.1 billion3.6%
7.Bangladesh$1 billion3.3%
8.Italy$997 million3.2%
9.Russia$748.4 million2.4%
10.Egypt$686.2 million2.2%
11.Germany$583.7 million1.9%
12.Myanmar (Burma)$575.8 million1.8%
13.Japan$536.4 million1.7%
14.Vietnam$513.4 million1.6%
15.Malaysia$452.8 million1.4%
16.Belgium$417.8 million1.3%
17.Turkey$409.8 million1.3%
18.South Korea$388.3 million1.2%
19.Benin$371.5 million1.2%
20.Kenya$364.6 million1.2%
21.Mexico$317 million1%
22.United Kingdom$316.8 million1%
23.Djibouti$312.2 million1%
24.South Africa$298.3 million0.9%
25.Iran$291.9 million0.9%
26.Saudi Arabia$273.8 million0.9%
27.France$271.8 million0.9%
28.Poland$236 million0.7%
29.Uganda$232.6 million0.7%
30.Ghana$225.4 million0.7%
31.Tanzania$218.6 million0.7%
32.United Arab Emirates$212 million0.7%
33.Colombia$210.4 million0.7%
34.Togo$207 million0.7%
35.Philippines$186.2 million0.6%
36.Denmark$184.7 million0.6%
37.Singapore$172.8 million0.5%
38.Sweden$162.7 million0.5%
39.Ukraine$158.4 million0.5%
40.Taiwan$156.2 million0.5%
41.Angola$143.6 million0.5%
42.Brazil$140.9 million0.4%
43.Oman$139.6 million0.4%
44.Sri Lanka$137.7 million0.4%
45.Yemen$135.7 million0.4%
46.Nigeria$129.1 million0.4%
47.Senegal$126.4 million0.4%
48.Ethiopia$124.2 million0.4%
49.Ireland$104.2 million0.3%
50.Haiti$101.5 million0.3%
51.Afghanistan$100.5 million0.3%
52.Canada$98.1 million0.3%
53.Algeria$91.3 million0.3%
54.Australia$88.8 million0.3%
55.Mozambique$86.8 million0.3%
56.Estonia$84 million0.3%
57.Ivory Coast$78.6 million0.2%
58.Somalia$76.1 million0.2%
59.El Salvador$71.8 million0.2%
60.Greece$70.9 million0.2%
61.Madagascar$67.7 million0.2%
62.Sudan$67.3 million0.2%
63.Mali$58.2 million0.2%
64.Guinea$53.4 million0.2%
65.Romania$53.1 million0.2%
66.Kazakhstan$52.3 million0.2%
67.Congo$50.8 million0.2%
68.Niger$47 million0.1%
69.Zambia$45 million0.1%
70.Costa Rica$39.5 million0.1%
71.Bulgaria$38.2 million0.1%
72.Democr. Rep. Congo$35.1 million0.1%
73.Austria$34.7 million0.1%
74.Burkina Faso$33.5 million0.1%
75.Tunisia$31.6 million0.1%
76.Jordan$30.2 million0.1%
77.Israel$29 million0.1%
78.Switzerland$28.9 million0.1%
79.Syrian Arab Republic$27.8 million0.1%
80.Papua New Guinea$27.2 million0.1%
81.Serbia$25.9 million0.1%
82.Hungary$25.5 million0.1%
83.Morocco$25.5 million0.1%
84.New Zealand$24.3 million0.1%
85.Portugal$24.1 million0.1%
86.Kuwait$23.5 million0.1%
87.Chile$22.5 million0.1%
88.Uruguay$22 million0.1%
89.Sierra Leone$22 million0.1%
90.Lebanon$22 million0.1%
91.Rwanda$21.5 million0.1%
92.Croatia$21.4 million0.1%
93.Liberia$21.2 million0.1%
94.Cameroon$19.6 million0.1%
95.Czech Republic$18 million0.1%
96.Qatar$17.8 million0.1%
97.North Korea$16.9 million0.1%
98.Venezuela$14 million0.04%
99.Iraq$13.7 million0.04%
100.Lithuania$13 million0.04%
101.Uzbekistan$12.3 million0.04%
102.Nicaragua$12 million0.04%
103.North Macedonia$11.9 million0.04%
104.Equatorial Guinea$11.4 million0.04%
105.Panama$10.5 million0.03%
106.Timor-Leste$10.4 million0.03%
107.Bahrain$10.3 million0.03%
108.Dominican Republic$9.2 million0.03%
109.Cambodia$9 million0.03%
110.Brunei Darussalam$8.8 million0.03%
111.Slovakia$8.3 million0.03%
112.Zimbabwe$7.6 million0.02%
113.Gabon$6.9 million0.02%
114.Trinidad/Tobago$6.7 million0.02%
115.Belarus$6.4 million0.02%
116.Maldives$6.4 million0.02%
117.Bosnia/Herzegovina$5.9 million0.02%
118.Peru$5.6 million0.02%
119.Mongolia$5.6 million0.02%
120.Mauritania$5.3 million0.02%
121.Hong Kong$4.9 million0.02%
122.Eritrea$4.9 million0.02%
123.Mauritius$4.8 million0.02%
124.Argentina$4.5 million0.01%
125.Jamaica$4.5 million0.01%
126.Cuba$4.2 million0.01%
127.Ecuador$4.1 million0.01%
128.Honduras$4.1 million0.01%
129.Guyana$3.2 million0.01%
130.Comoros$3.1 million0.01%
131.Fiji$3.1 million0.01%
132.Burundi$2.8 million0.01%
133.Bolivia$2.6 million0.01%
134.Laos$2.6 million0.01%
135.Solomon Islands$2.6 million0.01%
136.Kyrgyzstan$2.4 million0.01%
137.Nepal$2.2 million0.01%
138.Finland$2 million0.01%
139.Namibia$1.9 million0.01%
140.Samoa$1.9 million0.01%
141.Chad$1.7 million0.01%
142.Latvia$1.6 million0.01%
143.Guinea-Bissau$1.6 million0.01%
144.Albania$1.5 million0.005%
145.Slovenia$1.5 million0.005%
146.Thailand$1.5 million0.005%
147.Guatemala$1.4 million0.004%
148.Moldova$1.3 million0.004%
149.Montenegro$1.3 million0.004%
150.Norway$1.3 million0.004%
151.Vanuatu$1.3 million0.004%
152.Botswana$1.2 million0.004%
153.Barbados$1.2 million0.004%
154.Georgia$1.1 million0.004%
155.Suriname$983,0000.003%
156.Indonesia$915,0000.003%
157.Armenia$880,0000.003%
158.Iceland$879,0000.003%
159.Tonga$816,0000.003%
160.Cyprus$793,0000.003%
161.Central African Rep$792,0000.003%
162.Tajikistan$681,0000.002%
163.Palestine$548,0000.002%
164.Malawi$543,0000.002%
165.Malta$537,0000.002%
166.Eswatini$507,0000.002%
167.Libya$472,0000.001%
168.Seychelles$466,0000.001%
169.Turkmenistan$446,0000.001%
170.Saint Lucia$376,0000.001%
171.Gambia$322,0000.001%
172.Kiribati$317,0000.001%
173.Luxembourg$295,0000.001%
174.Micronesia$275,0000.001%
175.Bahamas$259,0000.001%
176.Grenada$241,0000.001%
177.Sao Tome/Principe$225,0000.001%
178.Lesotho$198,0000.001%
179.Antigua/Barbuda$161,0000.001%
180.Cabo Verde$151,0000.000%
181.Dominica$111,0000.0004%
182.St Vincent/Grenadines$104,0000.0003%
183.Greenland$83,0000.0003%
184.Macao, China$67,0000.0002%
185.Northern Mariana Is$67,0000.0002%
186.New Caledonia$65,0000.0002%
187.US Minor Outlying Is$65,0000.0002%
188.Curaçao$57,0000.0002%
189.Marshall Islands$46,0000.0001%
190.Azerbaijan$40,0000.0001%
191.Cook Islands$29,0000.0001%
192.Aruba$28,0000.0001%
193.Bhutan$23,0000.0001%
194.Paraguay$16,0000.0001%
195.Saint Kitts/Nevis$16,0000.0001%
196.South Sudan$11,0000.0000%
197.Andorra$10,0000.00003%
198.Falkland Is (Malvinas)$10,0000.00003%
199.Palau$6,0000.00002%
200.Faroe Islands$3,0000.00001%
201.Bermuda$2,0000.00001%
202.Gibraltar$2,0000.00001%
203.Cayman Islands$1,0000.000003%


See also Palm Oil Exports by Country, Sugar Imports by Country and Imported Pickles by Country

Research Sources:
Investopedia, Net Exports Definition. Accessed on May 8, 2019

The World Factbook, Field Listing: Imports – Commodities, Central Intelligence Agency. Accessed on May 8, 2019

Trade Map, International Trade Centre. Accessed on May 8, 2019

Wikipedia, Palm oil. Accessed on May 8, 2019