# HS 151190 Palm Oil And Its Fractions global trade data...

Reported global trade in palm oil and its fractions, other than crude, whether or not refined, but not chemically modified reached $31.7B in 2024, with five-year annual growth of +9.2%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $23.3B | -7.1% | +9.6% |
| 2014 | $24.2B | +3.8% | -0.9% |
| 2015 | $19.8B | -18.2% | -7.6% |
| 2016 | $20.4B | +2.9% | -4.4% |
| 2017 | $24.3B | +19.3% | +0.2% |
| 2018 | $22.3B | -8.3% | +4% |
| 2019 | $20.4B | -8.5% | +0% |
| 2020 | $22.1B | +8% | -3.2% |
| 2021 | $36.0B | +63.4% | +17.3% |
| 2022 | $42.0B | +16.5% | +27.2% |
| 2023 | $33.5B | -20.1% | +15% |
| 2024 | $31.7B | -5.4% | -4.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $3.1B | -3.2% | 20 |
| Pakistan | $2.9B | +15.1% | 9 |
| India | $1.9B | +1.9% | 19 |
| USA | $1.6B | +14.1% | 45 |
| Bangladesh | $1.3B | +18.1% | 5 |
| Egypt | $1.1B | +13.9% | 13 |
| Viet Nam | $1.1B | +17.4% | 9 |
| Philippines | $989.6M | +11.4% | 5 |
| Russia | $864.4M | +10.4% | 13 |
| United Arab Emirates | $799.5M | +32.5% | 28 |
| Italy | $748.9M | +9.8% | 28 |
| Turkey | $650.9M | +9.6% | 23 |

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