Palm kernel cake trade by country: top importers, exporters and prices
World trade in palm kernel cake was worth $1.48 billion in 2024, about 8.31 million tonnes. That is an increase of 56% since 2017, and down 16% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.48B | 8.31M t |
| 2023 | $1.76B | 8.29M t |
| 2022 | $2.23B | 10.32M t |
| 2021 | $1.85B | 8.71M t |
| 2020 | $1.36B | 8.48M t |
| 2019 | $1.20B | 10.20M t |
| 2018 | $1.23B | 9.11M t |
| 2017 | $946.8M | 8.64M t |
Top palm kernel cake exporting countries
Indonesia is the largest exporter with 64% of world exports, followed by Malaysia and the Netherlands. The top three supply 96% between them, out of 69 exporting countries.
Top importing countries and buyer markets
New Zealand is the biggest buyer with 24% of world imports, ahead of Japan and the Netherlands. Demand is concentrated: the top three take 53% across 85 importing countries.
| Importer | Value | Share |
|---|---|---|
| New Zealand | $348.4M | 24% |
| Japan | $263.3M | 18% |
| Netherlands | $170.9M | 12% |
| South Korea | $162.3M | 11% |
| China | $130.0M | 8.8% |
| United Kingdom | $74.4M | 5% |
| Vietnam | $74.1M | 5% |
| Ireland | $46.6M | 3.2% |
| Thailand | $46.2M | 3.1% |
| Belgium | $32.9M | 2.2% |
| Spain | $24.6M | 1.7% |
| Pakistan | $22.2M | 1.5% |
Average price per kg
The world average declared value was about $0.18 per kg in 2024. Among the main exporters, Belgium averaged $0.39 per kg and Nigeria $0.14 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Palm kernel cake (HS 2306.60) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2306.60: Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oils. HS 2306 codes.
Common questions
Which countries export the most palm kernel cake?
Indonesia exported $941.9 million in 2024, 64% of the world total, followed by Malaysia (29%) and the Netherlands (4%). In all, 69 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most palm kernel cake?
New Zealand imported $348.4 million in 2024, 24% of world imports, ahead of Japan (18%) and the Netherlands (12%). The top three importers together take 53%. Each country with its own page is linked from the table.
How big is the world trade in palm kernel cake?
It was worth $1.48 billion in 2024, about 8.31 million tonnes. That is an increase of 56% since 2017. The peak year was 2022 at $2.23 billion. 69 countries reported exports and 85 reported imports.
What is the average price of palm kernel cake per kg?
The world average declared value was about $0.18 per kg in 2024. Among the main exporters, Belgium averaged $0.39 per kg and Nigeria $0.14 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for palm kernel cake?
The HS code for palm kernel cake is subheading 2306.60, in chapter 23 (food industries, residues and wastes thereof; prepared animal fodder). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2306 page.
How can I find palm kernel cake buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show palm kernel cake buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.