However, in most cases African oil palm crops are mainly used for local consumption, with Cameroon and Ivory Coast as the only major palm oil exporters (Corley and Tinker 2015). Nigeria is the fifth highest producer globally, with an annual 1·0 Mt, although this is dwarfed by Indonesia with 42.5 Mt and Malaysia with 18.5 Mt (Statista 2020).
Where does Cote d’Ivoire import palm oil?
The main destinations of Cote d’Ivoire exports on Palm Oil were Ghana ($77.8M), Burkina Faso ($77.7M), Mali ($72.5M), Kenya ($57M), and Nigeria ($46.9M). In 2022, Cote d’Ivoire imported $159M in Palm Oil, mainly from Malaysia ($74.3M), Indonesia ($41.8M), Liberia ($24M), Ghana ($11.1M), and Thailand ($7.27M).
How much palm oil did Cote d’Ivoire export in 2022?
In 2022, Cote d’Ivoire exported $512M in Palm Oil. The main destinations of Cote d’Ivoire exports on Palm Oil were Ghana ($77.8M), Burkina Faso ($77.7M), Mali ($72.5M), Kenya ($57M), and Nigeria ($46.9M).
What is the largest oil discovery in Ivory Coast?
Estimated to contain up to 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, the Baleine field is the largest oil discovery in Ivory Coast. The project is also expected to become the first emissions-free upstream development project in Africa under Scope 1 and 2 of the global standard Greenhouse Gas Protocol.