🇺🇸 United States imports of palm oil: 2024 trade data
Imports of palm oil by the United States reached $1.77 billion in 2024 (1.69 million tonnes). It ranks 4th of 210 countries for imports of this product. That is 9% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $2.28 billion.
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 | $1.77B | 1.69M t |
| 2023 | $1.95B | 1.95M t |
| 2022 | $2.28B | 1.73M t |
| 2021 | $1.82B | 1.70M t |
| 2020 | $1.05B | 1.42M t |
| 2019 | $952.5M | 1.55M t |
| 2018 | $1.07B | 1.54M t |
| 2017 | $1.04B | 1.39M t |
Where the United States imports palm oil from
Indonesia alone supplied 84% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇩 Indonesia | $1.48B | 84% |
| 🇲🇾 Malaysia | $192.7M | 11% |
| 🇲🇽 Mexico | $18.1M | 1% |
| 🇨🇴 Colombia | $16.2M | 0.9% |
| 🇵🇭 Philippines | $15.6M | 0.9% |
| 🇭🇳 Honduras | $15.2M | 0.9% |
| 🇪🇨 Ecuador | $7.5M | 0.4% |
| 🇸🇬 Singapore | $7.1M | 0.4% |
| 🇬🇭 Ghana | $3.7M | 0.2% |
| 🇨🇦 Canada | $1.6M | 0.1% |
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 | 100% |
| 1511.10 | Vegetable oils: palm oil and its fractions, crude, not chemically modified | 0.3% |
Codes and full descriptions: HS heading 1511.
Average import price of palm oil
The average declared value was about $1.05 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 States also exports palm oil
The United States exported $77.6 million of palm oil in 2024 (36.5 thousand tonnes). Canada alone took 59% of it. Among the main buyer markets, South Africa grew fastest (+186% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $45.5M | 59% |
| 🇲🇽 Mexico | $17.9M | 23% |
| 🇿🇦 South Africa | $5.0M | 6.4% |
| 🇧🇷 Brazil | $1.9M | 2.4% |
| 🇨🇫 Central African Republic | $1.6M | 2.1% |
| 🇧🇧 Barbados | $1.6M | 2.1% |
| 🇳🇪 Niger | $1.0M | 1.3% |
| 🇭🇳 Honduras | $687K | 0.9% |
| 🇧🇫 Burkina Faso | $631K | 0.8% |
| 🇸🇻 El Salvador | $277K | 0.4% |
Who is behind these numbers in the United States?
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 States: questions
What is the value of palm oil imported by the United States?
The United States imported palm oil worth $1.77 billion in 2024 (1.69 million tonnes).
Where does the United States import palm oil from?
The main supplier countries in 2024 were Indonesia (84%), Malaysia (11%), Mexico (1%).
What is the average import price of palm oil in the United States?
The average declared import value was about $1.05 per kg in 2024, against a world average of $1.00 per kg.
Does the United States export palm oil?
Yes. The United States exported palm oil worth $77.6 million in 2024, mainly to Canada, Mexico, South Africa.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Palm oil trade in other countries
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