# Palm oil: Movement

The world's most traded vegetable oil and its sea lane

Source page: https://www.materialinsights.org/commodities/palm_oil/movement/

The world's most traded vegetable oil and its sea lane What this tab covers How it flows between countries: the largest bilateral trade routes drawn on a world map, 2024 UN Comtrade export and import values with the top exporters and importers by share, plus shipping routes, chokepoints and trade restrictions.

Palm oil (HS 1511) is the most traded vegetable oil, with exports worth $41.0 billion in 2024 (Comtrade). Indonesia shipped 48.8% of export value and Malaysia 33.0%, mostly through the Strait of Malacca. The Netherlands, at 2.9%, re-exports from Rotterdam refineries. India took 25.2% of imports, China 10.0% and Pakistan 8.7%. Indonesia uses export levies, domestic supply rules and biodiesel mandates to manage its market, and briefly banned exports in April 2022. The EU deforestation regulation will require proof that imports did not come from newly cleared land.

#### Main trade routes, 2024

Chart: World map of the largest trade flows
 Exporter (size = share of world exports) Importer (share of world imports) Largest bilateral flows (width = value) Shipping chokepoint UN Comtrade 2024, reported exports by the top four exporters of each traded form to their partners (US$). Bubbles: shares of reported world exports and imports for the main traded form. Hover a line or circle for values.

#### Palm oil · HS 1511
 World exports 2024 $41.0 bn sum of 40 reporting countries World imports 2024 $33.8 bn sum of 40 reporting countries Top exporters, share of value Indonesia 48.8% Malaysia 33% Netherlands 2.9% Thailand 2.1% Papua New Guinea 1.6% Guatemala 1.3% Top importers, share of value India 25.2% China 10% Pakistan 8.7% United States 5.6% Netherlands 4.5% Italy 4.1% UN Comtrade, reporter declarations to the world, US$. Exports and imports are reported separately, so totals differ. Re-exporting hubs (Netherlands, Singapore, Switzerland, UAE) can appear large.

## Other sections

- [Summary](https://www.materialinsights.org/commodities/palm_oil/index.md)
- [Overview](https://www.materialinsights.org/commodities/palm_oil/overview/index.md)
- [Correlation](https://www.materialinsights.org/commodities/palm_oil/correlation/index.md)
- [Extraction](https://www.materialinsights.org/commodities/palm_oil/extraction/index.md)
- [Production](https://www.materialinsights.org/commodities/palm_oil/production/index.md)
- [Stocks](https://www.materialinsights.org/commodities/palm_oil/stocks/index.md)
- [Cycles](https://www.materialinsights.org/commodities/palm_oil/cycles/index.md)
- [Trading](https://www.materialinsights.org/commodities/palm_oil/trading/index.md)
- [Criticality](https://www.materialinsights.org/commodities/palm_oil/criticality/index.md)
- [Characteristics](https://www.materialinsights.org/commodities/palm_oil/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/commodities/palm_oil/emissions/index.md)
- [Relationships](https://www.materialinsights.org/commodities/palm_oil/links/index.md)