# HS 151110 Palm Oil And Its Fractions global trade data...

Reported global trade in palm oil and its fractions, crude, not chemically modified reached $9.7B in 2024, with five-year annual growth of +3.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $10.8B | -21.3% | +0.3% |
| 2014 | $10.3B | -4.6% | -11.5% |
| 2015 | $9.3B | -9.8% | -12.2% |
| 2016 | $7.8B | -16% | -10.3% |
| 2017 | $9.1B | +17% | -3.9% |
| 2018 | $8.2B | -10.2% | -4.1% |
| 2019 | $8.1B | -1.8% | +1.1% |
| 2020 | $10.2B | +26.6% | +3.8% |
| 2021 | $12.6B | +24% | +15.5% |
| 2022 | $13.8B | +8.9% | +19.6% |
| 2023 | $10.7B | -22.2% | +1.6% |
| 2024 | $9.7B | -9.4% | -8.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| India | $5.7B | +12.8% | 10 |
| Netherlands | $1.1B | -1% | 58 |
| Kenya | $566.8M | +15.8% | 7 |
| Mexico | $502.6M | +14.9% | 21 |
| Germany | $291.1M | +6.6% | 41 |
| Spain | $274.3M | -20.1% | 26 |
| Italy | $221.2M | -11.8% | 20 |
| Cameroon | $126.8M | +32.1% | 11 |
| United Kingdom | $101.9M | +14% | 26 |
| Mozambique | $86.8M | +21% | 7 |
| Colombia | $61.5M | -7.8% | 6 |
| Dominican Republic | $54.0M | +22.3% | 5 |

_Source: reported merchandise trade data. Updated 2026-08-14._