# HS 230660 Whether Or Not Ground Or In The Form global trade...

Reported global trade in whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils reached $1.1B in 2024, with five-year annual growth of +1.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.1B | +22.2% | +26.9% |
| 2014 | $1.1B | -5% | +6.8% |
| 2015 | $802.9M | -25.7% | -4.8% |
| 2016 | $720.5M | -10.3% | -14.1% |
| 2017 | $792.8M | +10% | -9.8% |
| 2018 | $1.1B | +35.3% | +10.1% |
| 2019 | $1.0B | -3.7% | +12.8% |
| 2020 | $1.1B | +10% | +12.8% |
| 2021 | $1.7B | +46% | +15.7% |
| 2022 | $1.7B | +1.2% | +17.6% |
| 2023 | $1.4B | -17.2% | +7% |
| 2024 | $1.1B | -19.2% | -12.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| New Zealand | $304.5M | +9.9% | 3 |
| Netherlands | $174.8M | -2.9% | 23 |
| Republic of Korea | $140.7M | +7.6% | 8 |
| China | $129.2M | +8.5% | 5 |
| Viet Nam | $98.9M | +12.7% | 2 |
| Japan | $48.2M | +5.5% | 7 |
| Thailand | $43.9M | +15.4% | 4 |
| Belgium | $35.0M | +10.2% | 6 |
| Pakistan | $22.6M | -8.9% | 2 |
| United Kingdom | $21.6M | -15.3% | 8 |
| Saudi Arabia | $18.7M | -12.8% | 2 |
| Germany | $18.4M | -10.7% | 22 |

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