Palm Oil Trade

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Palm Oil Trade

The announcement of ban on import of refined palm oil by India has sent ripples across Nepal. In this context, New Business Age has compiled all relevant data about palm so as to help policy makers, entrepreneurs, exporters, industrialists and the concerned ministry to access information.

Import of Palm Oil from around the world in 2018

Country

Price in Billion US Dollars

World

                                               31.35

India

                                                5.50

China

                                                3.39

Pakistan

                                                1.93

Netherlands

                                                1.83

Spain

                                                 1.32

USA

                                                1.14

Bangladesh

                                                1.04

Italy

                                                1.00

Russia

                                                0.75

Egypt

                                                0.69

Others

                                       12.77

   

Source: ITC Trademap

Export of Palm Oil from to the world in 2018

Country

Price in Billion US Dollars

World

                                 30.75

Indonesia

                                  16.53

Malaysia

                                   8.69

Netherlands

                                   0.98

Papua New Guenia

                                  0.48

Guatemala

                                   0.45

Colombia

                                   0.45

Germany

                                   0.33

Niger

                                   0.28

Honduras

                                   0.26

Thailand

                                   0.22

Others

                                                     2.10

 

Source: ITC Trademap

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