Crude palm oil imports in Saudi Arabia: data, top suppliers and prices
Imports of crude palm oil by Saudi Arabia reached $592.1 million in 2024 (601.7 thousand tonnes). That makes it the 4th largest importer of this product worldwide, out of 144 countries. That is 4% less than in 2023. Over 2017-2024 the trade grew strongly, by about 290% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $592.1M | 601.7K t |
| 2023 | $615.6M | 553.5K t |
| 2022 | $358.6M | 303.7K t |
| 2021 | $354.3M | 382.0K t |
| 2020 | $1K | 0 t |
| 2019 | $0K | - |
| 2018 | $52K | 24 t |
| 2017 | $43K | 39 t |
Where Saudi Arabia imports crude palm oil from
Indonesia alone supplied 62% of it. Among the main suppliers, Indonesia grew fastest (+47% on the year before).
Average import price per kg
The average declared value was about $0.98 per kg, close to the world average of $0.99.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia crude palm oil imports (HS 1511.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 1511.10: Vegetable oils: palm oil and its fractions, crude, not chemically modified.
Common questions
What is the value of crude palm oil imported by Saudi Arabia?
Saudi Arabia imported crude palm oil worth $592.1 million in 2024, the latest year with complete public data, about 601.7 thousand tonnes. That ranks it 4th of 144 countries worldwide, with 5% of world imports. The value was down 4% on 2023.
Which countries supply crude palm oil to Saudi Arabia?
Indonesia was the largest supplier with 62% of the value ($366.4 million), followed by Malaysia (38%) and Italy (0%). The top three together account for 100%, out of 15 supplier countries in total. Indonesia grew fastest among the top ten, up 47% on the year.
What is the average import price of crude palm oil per kg?
The average declared import value was about $0.98 per kg in 2024, close to the world average of $0.99 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of crude palm oil to Saudi Arabia changed since 2017?
Imports went from $43 thousand in 2017 to $592.1 million in 2024. The peak was 2023 at $615.6 million. Over 8 years the average was $240.1 million a year.
Does Saudi Arabia also export crude palm oil?
Yes. Saudi Arabia exported $1.0 million worth of this product in 2024, mainly to Yemen, Qatar and Egypt. On balance Saudi Arabia is a net importer of this product, by about $591.1 million a year.
What is the HS code for crude palm oil?
The HS code for crude palm oil is subheading 1511.10. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1511 page.
How can I find the companies behind this trade?
For Saudi Arabia, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
More trade data for Saudi Arabia
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