🇬🇧 United Kingdom imports of palm oil: 2024 trade data
Imports of palm oil by the United Kingdom reached $426.7 million in 2024 (369.7 thousand tonnes). Its share of world imports was 1%. The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $544.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of palm oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $426.7M | 369.7K t |
| 2023 | $434.7M | 373.2K t |
| 2022 | $544.2M | 358.9K t |
| 2021 | $445.4M | 388.1K t |
| 2020 | $319.5M | 415.3K t |
| 2019 | $323.4M | 474.3K t |
| 2018 | $314.2M | 397.4K t |
| 2017 | $346.0M | 412.3K t |
Where the United Kingdom imports palm oil from
Most of the value came from Papua New Guinea (46%), Malaysia (15%), Indonesia (13%). Among the main suppliers, Netherlands grew fastest (+53% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇵🇬 Papua New Guinea | $196.9M | 46% |
| 🇲🇾 Malaysia | $65.3M | 15% |
| 🇮🇩 Indonesia | $55.3M | 13% |
| 🇳🇱 Netherlands | $43.1M | 10% |
| 🇩🇪 Germany | $35.6M | 8.3% |
| 🇪🇸 Spain | $7.8M | 1.8% |
| 🇱🇷 Liberia | $5.0M | 1.2% |
| 🇧🇪 Belgium | $2.3M | 0.5% |
| 🇸🇧 Solomon Isds | $2.2M | 0.5% |
| 🇬🇹 Guatemala | $2.0M | 0.5% |
Types of palm oil under HS 1511
| 1511.90 | Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | 59% |
| 1511.10 | Vegetable oils: palm oil and its fractions, crude, not chemically modified | 41% |
Codes and full descriptions: HS heading 1511.
Average import price of palm oil
The average declared value was about $1.15 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.
The United Kingdom also exports palm oil
In 2024, the United Kingdom exported palm oil worth $34.9 million (22.6 thousand tonnes). One buyer market dominates: Ireland accounted for 88% of the value. Among the main buyer markets, Ireland grew fastest (+238% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇪 Ireland | $30.7M | 88% |
| 🇳🇱 Netherlands | $1.6M | 4.5% |
| 🇪🇸 Spain | $558K | 1.6% |
| 🇫🇷 France | $466K | 1.3% |
| 🇧🇪 Belgium | $339K | 1% |
| 🇩🇪 Germany | $180K | 0.5% |
| 🇰🇷 South Korea | $180K | 0.5% |
| 🇷🇸 Serbia | $102K | 0.3% |
| 🇨🇾 Cyprus | $96K | 0.3% |
| 🇵🇱 Poland | $78K | 0.2% |
Who is behind these numbers in the United Kingdom?
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.
Palm oil trade in the United Kingdom: questions
What is the value of palm oil imported by the United Kingdom?
The United Kingdom imported palm oil worth $426.7 million in 2024 (369.7 thousand tonnes).
Where does the United Kingdom import palm oil from?
The main supplier countries in 2024 were Papua New Guinea (46%), Malaysia (15%), Indonesia (13%).
What is the average import price of palm oil in the United Kingdom?
The average declared import value was about $1.15 per kg in 2024, against a world average of $1.00 per kg.
Does the United Kingdom export palm oil?
Yes. The United Kingdom exported palm oil worth $34.9 million in 2024, mainly to Ireland, Netherlands, Spain.
What is the HS code for palm oil?
Palm oil falls under HS heading 1511 (Palm oil and its fractions; whether or not refined, but not chemically modified). The six-digit codes under it split the product by type.
How can I find the companies trading palm oil with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Palm oil trade in other countries
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.