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Where does the Netherlands get its palm oil? Import sources 2024

In 2024, the Netherlands imported $1.6 billion of palm oil (1.6 million tonnes), 3.9% of the world total. Its main sources were Malaysia (29%), Indonesia (18%) and Guatemala (15%). The Netherlands was the world’s 5th-largest importer of palm oil.

Summary

Value
$1.6billion
Tonnes
1.6million tonnes
Share of world total
3.9%
World rank
5th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Malaysia484Tonnes: 483,715USD per tonne: $1,00029.5%Sea
Indonesia288Tonnes: 234,672USD per tonne: $1,22917.6%Sea
Guatemala243Tonnes: 262,115USD per tonne: $92614.8%Sea
Papua New Guinea208Tonnes: 194,131USD per tonne: $1,07112.7%Sea
Honduras106Tonnes: 91,374USD per tonne: $1,1556.4%Sea
Costa Rica79Tonnes: 86,728USD per tonne: $9114.8%Sea
Belgium re-exports42.5Tonnes: 32,328USD per tonne: $1,3152.6%Land
Colombia34.2Tonnes: 29,223USD per tonne: $1,1722.1%Sea
Côte d'Ivoire31.3Tonnes: 30,290USD per tonne: $1,0321.9%Sea
Germany28Tonnes: 19,682USD per tonne: $1,4241.7%Land
Solomon Islands20Tonnes: 19,808USD per tonne: $1,0111.2%Sea
Singapore re-exports11.3Tonnes: 9,995USD per tonne: $1,1300.69%Sea
Liberia10.5Tonnes: 10,540USD per tonne: $1,0010.64%Sea
Denmark9.3Tonnes: 12,834USD per tonne: $7210.56%Sea
Ghana7.9Tonnes: 6,558USD per tonne: $1,2060.48%Sea
Ecuador6.3Tonnes: 4,061USD per tonne: $1,5580.39%Sea
São Tomé and Principe6.3Tonnes: 4,555USD per tonne: $1,3810.38%Sea
Gabon5.1Tonnes: 6,325USD per tonne: $8020.31%Sea
Panama4.3Tonnes: 5,367USD per tonne: $8020.26%Sea
Sierra Leone3.9Tonnes: 3,267USD per tonne: $1,2010.24%Sea

Trend

Who it buys from

Malaysia has been its main source since 2020

Value in USD billions. The five largest sources in 2024.

  • Malaysia 0.48
  • Indonesia 0.29
  • Guatemala 0.24
  • Papua New Guinea 0.21
  • Honduras 0.11

Source: CEPII BACI

Show the numbers
Partner19952024
Malaysia0.110.48
Indonesia0.150.29
Guatemala00.24
Papua New Guinea0.030.21
Honduras00.11

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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