Palm oil imports in Turkey: data, top suppliers and prices
Turkey imported $711.6 million of palm oil in 2024 (738.5 thousand tonnes). Its share of world imports was 2%. Value fell 12% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $1.22 billion.
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 | $711.6M | 738.5K t |
| 2023 | $810.2M | 824.7K t |
| 2022 | $1.22B | 1.03M t |
| 2021 | $763.9M | 837.4K t |
| 2020 | $615.0M | 814.0K t |
| 2019 | $466.2M | 728.7K t |
| 2018 | $443.3M | 669.5K t |
| 2017 | $461.2M | 630.5K t |
Where Turkey imports palm oil from
One supplier dominates: Malaysia accounted for 89% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $631.4M | 89% |
| Indonesia | $76.8M | 11% |
| Sweden | $782K | 0.1% |
| Singapore | $714K | 0.1% |
| Netherlands | $526K | 0.1% |
| Denmark | $496K | 0.1% |
| Saudi Arabia | $299K | 0% |
| Italy | $253K | 0% |
| Spain | $91K | 0% |
| Papua New Guinea | $60K | 0% |
Product types under HS 1511
| 1511.90 | Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | 100% |
| 1511.10 | Vegetable oils: palm oil and its fractions, crude, not chemically modified | 0% |
Codes and full descriptions: HS heading 1511.
Average import price per kg
The average declared value was about $0.96 per kg, close to the world average of $1.00.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Palm oil exports from Turkey
Turkey exported $110.7 million of palm oil in 2024 (111.0 thousand tonnes). Most of it went to Ukraine (50%), Estonia (23%), Romania (7%). Among the main buyer markets, Estonia grew fastest (+158% on the year before).
| Destination | Value | Share |
|---|---|---|
| Ukraine | $55.1M | 50% |
| Estonia | $25.9M | 23% |
| Romania | $7.3M | 6.6% |
| Iraq | $6.9M | 6.3% |
| Georgia | $5.5M | 4.9% |
| Russia | $3.6M | 3.2% |
| Syria | $1.9M | 1.7% |
| Armenia | $621K | 0.6% |
| Mauritania | $602K | 0.5% |
| Bulgaria | $531K | 0.5% |
Who is behind these numbers in Turkey?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Palm oil and its fractions; whether or not refined, but not chemically modified.
Common questions
What is the value of palm oil imported by Turkey?
Turkey imported palm oil worth $711.6 million in 2024, the latest year with complete public data, about 738.5 thousand tonnes. That ranks it 15th of 210 countries worldwide, with 2% of world imports. The value was down 12% on 2023.
Which countries supply palm oil to Turkey?
Malaysia was the largest supplier with 89% of the value ($631.4 million), followed by Indonesia (11%) and Sweden (0%). The top three together account for 100%, out of 23 supplier countries in total. Sweden grew fastest among the top ten, up 94% on the year.
What is the average import price of palm oil per kg?
The average declared import value was about $0.96 per kg in 2024, close to the world average of $1.00 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have imports of palm oil to Turkey changed since 2017?
Imports went from $461.2 million in 2017 to $711.6 million in 2024, an increase of 54%. The peak was 2022 at $1.22 billion. Monthly and weekly movements since then are in EximDataX.
Does Turkey also export palm oil?
Yes. Turkey exported $110.7 million worth of this product in 2024, mainly to Ukraine, Estonia and Romania. On balance Turkey is a net importer of this product, by about $600.9 million a year.
What is the HS code for palm oil?
The HS code for palm oil is heading 1511. In Turkey the largest six-digit codes were 1511.90 (100% of the value) and 1511.10 (0%). 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?
Public statistics stop at country totals. EximDataX has a direct customs feed for Turkey with shipment-level records, updated weekly, so you can see importers and exporters by name with dates, quantities and declared values. Tell us your product and we will show you the latest records on a live call.
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