Refined palm oil imports in the United Kingdom: data, top suppliers and prices
Imports of refined palm oil by the United Kingdom reached $250.1 million in 2024 (195.4 thousand tonnes). Its share of world imports was 1%. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable.
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 | $250.1M | 195.4K t |
| 2023 | $246.7M | 182.2K t |
| 2022 | $307.1M | 197.3K t |
| 2021 | $265.9M | 230.8K t |
| 2020 | $260.4M | 337.5K t |
| 2019 | $245.0M | 387.4K t |
| 2018 | $263.0M | 333.0K t |
| 2017 | $184.8M | 211.7K t |
Where the United Kingdom imports refined palm oil from
Most of the value came from Malaysia (23%), Indonesia (22%), Papua New Guinea (18%). Among the main suppliers, Spain grew fastest (+79% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $56.9M | 23% |
| Indonesia | $54.0M | 22% |
| Papua New Guinea | $44.5M | 18% |
| Netherlands | $42.3M | 17% |
| Germany | $35.6M | 14% |
| Spain | $7.8M | 3.1% |
| Belgium | $2.2M | 0.9% |
| Ghana | $1.5M | 0.6% |
| Denmark | $1.4M | 0.6% |
| Ireland | $1.1M | 0.4% |
Average import price per kg
The average declared value was about $1.28 per kg, 27% above the world average of $1.01. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined palm oil exports from the United Kingdom
In 2024, the United Kingdom exported refined palm oil worth $34.4 million (22.2 thousand tonnes). One buyer market dominates: Ireland accounted for 88% of the value. Among the main buyer markets, Ireland grew fastest (+247% on the year before).
| Destination | Value | Share |
|---|---|---|
| Ireland | $30.5M | 89% |
| Netherlands | $1.5M | 4.5% |
| Spain | $504K | 1.5% |
| France | $464K | 1.4% |
| Belgium | $337K | 1% |
| South Korea | $180K | 0.5% |
| Germany | $178K | 0.5% |
| Serbia | $102K | 0.3% |
| Cyprus | $96K | 0.3% |
| Poland | $74K | 0.2% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom refined palm oil imports (HS 1511.90): companies, dates, quantities and declared values.
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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 1511.90: Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified.
Common questions
What is the value of refined palm oil imported by the United Kingdom?
The United Kingdom imported refined palm oil worth $250.1 million in 2024, the latest year with complete public data, about 195.4 thousand tonnes. That ranks it 30th of 209 countries worldwide, with 1% of world imports. The value was up 1% on 2023.
Which countries supply refined palm oil to the United Kingdom?
Malaysia was the largest supplier with 23% of the value ($56.9 million), followed by Indonesia (22%) and Papua New Guinea (18%). The top three together account for 62%, out of 39 supplier countries in total. Ireland grew fastest among the top ten, up 197% on the year.
What is the average import price of refined palm oil per kg?
The average declared import value was about $1.28 per kg in 2024, 27% above the world average of $1.01 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 oil to the United Kingdom changed since 2017?
Imports went from $184.8 million in 2017 to $250.1 million in 2024, an increase of 35%. The peak was 2022 at $307.1 million. Over 8 years the average was $252.9 million a year.
Does the United Kingdom also export refined palm oil?
Yes. The United Kingdom exported $34.4 million worth of this product in 2024, mainly to Ireland, the Netherlands and Spain. On balance the United Kingdom is a net importer of this product, by about $215.7 million a year.
What is the HS code for refined palm oil?
The HS code for refined palm oil is subheading 1511.90. 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United Kingdom. Tell us your product to see it live.
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