Which country produces the most palm oil in the world?
Indonesia is the world’s largest producer of palm oil, surpassing Malaysia in 2006, producing more than 20.9 million metric tons (23.0 million short tons), a number that has since risen to over 34.5 million metric tons (38.0 million short tons) (2016 output). Indonesia expects to double production by the end of 2030.
Which countries export palm oil?
The leading palm oil export markets for Malaysia are India, the European Union, and China. Almost two-thirds of Malaysia’s palm oil exports go to these three markets. Colombia, which ranks fourth in total palm oil production worldwide, produces nearly twice as much as any other Latin American palm oil-producing country.
How much palm oil is produced in Indonesia?
In 2023/24, Indonesian production volume of palm oil amounted to 47 million metric tons. This is more than twice as much as the production volume in Malaysia, which had the second-highest production levels worldwide in that year. Palm oil is an edible vegetable oil commonly used for food products, detergents, and cosmetics.
What is palm oil used for in Malaysia?
Palm oil is an edible vegetable oil commonly used for food products, detergents, and cosmetics. The leading palm oil export markets for Malaysia are India, the European Union, and China. Almost two-thirds of Malaysia’s palm oil exports go to these three markets.