Refined palm kernel or babassu oil imports in Turkey: data, top suppliers and prices
Turkey imported $84.6 million of refined palm kernel or babassu oil in 2024 (71.1 thousand tonnes). That makes it the 8th largest importer of this product worldwide, out of 160 countries. Value rose 24% on 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $140.1 million.
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 | $84.6M | 71.1K t |
| 2023 | $68.5M | 62.5K t |
| 2022 | $140.1M | 85.0K t |
| 2021 | $103.7M | 89.2K t |
| 2020 | $61.8M | 74.7K t |
| 2019 | $53.9M | 64.5K t |
| 2018 | $74.7M | 61.3K t |
| 2017 | $96.0M | 71.1K t |
Where Turkey imports refined palm kernel or babassu oil from
One supplier dominates: Malaysia accounted for 95% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $80.5M | 95% |
| Indonesia | $4.0M | 4.7% |
| Spain | $52K | 0.1% |
| Germany | $44K | 0.1% |
| United States | $0K | 0% |
| Ghana | $0K | 0% |
| India | $0K | 0% |
| Brazil | $0K | 0% |
Average import price per kg
The average declared value was about $1.19 per kg, close to the world average of $1.30.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined palm kernel or babassu oil exports from Turkey
Turkey exported $4.0 million of refined palm kernel or babassu oil in 2024 (3.7 thousand tonnes). The largest buyer markets were Ukraine (50%), Estonia (47%), Brunei (3%). Among the main buyer markets, Ukraine grew fastest (+195% on the year before).
| Destination | Value | Share |
|---|---|---|
| Ukraine | $2.0M | 50% |
| Estonia | $1.9M | 47% |
| Brunei | $116K | 2.9% |
| Libya | $1K | 0% |
| El Salvador | $1K | 0% |
| Saudi Arabia | $1K | 0% |
| Russia | $0K | 0% |
| United Arab Emirates | $0K | 0% |
| Kuwait | $0K | 0% |
| Qatar | $0K | 0% |
Who is behind these numbers in Turkey?
The shipment records behind Turkey refined palm kernel or babassu oil imports (HS 1513.29): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 1513.29: Vegetable oils: palm kernel or babassu oil and their fractions, other than crude, whether or not refined, but not chemically modified.
Common questions
What is the value of refined palm kernel or babassu oil imported by Turkey?
Turkey imported refined palm kernel or babassu oil worth $84.6 million in 2024, the latest year with complete public data, about 71.1 thousand tonnes. That ranks it 8th of 160 countries worldwide, with 3% of world imports. The value was up 24% on 2023.
Which countries supply refined palm kernel or babassu oil to Turkey?
Malaysia was the largest supplier with 95% of the value ($80.5 million), followed by Indonesia (5%) and Spain (0%). The top three together account for 100%, out of 8 supplier countries in total. Indonesia grew fastest among the top ten, up 773% on the year.
What is the average import price of refined palm kernel or babassu oil per kg?
The average declared import value was about $1.19 per kg in 2024, 8% below the world average of $1.30 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of refined palm kernel or babassu oil to Turkey changed since 2017?
Imports went from $96.0 million in 2017 to $84.6 million in 2024, a fall of 12%. The peak was 2022 at $140.1 million. Over 8 years the average was $85.4 million a year.
Does Turkey also export refined palm kernel or babassu oil?
Yes. Turkey exported $4.0 million worth of this product in 2024, mainly to Ukraine, Estonia and Brunei. On balance Turkey is a net importer of this product, by about $80.6 million a year.
What is the HS code for refined palm kernel or babassu oil?
The HS code for refined palm kernel or babassu oil is subheading 1513.29. 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 1513 page.
How can I find the companies behind this trade?
Shipment-level records for Turkey reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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