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Where does the United States get its palm oil? Import sources 2024

In 2024, the United States imported $1.9 billion of palm oil (1.7 million tonnes), 4.4% of the world total. Indonesia sold 85% of the total, followed by Malaysia (11%) and Mexico (0.9%). The United States was the world’s 4th-largest importer of palm oil.

Summary

Value
$1.9billion
Tonnes
1.7million tonnes
Share of world total
4.4%
World rank
4th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Indonesia1.6Tonnes: 1,485,060USD per tonne: $1,06284.8%Sea
Malaysia0.2Tonnes: 163,648USD per tonne: $1,22910.8%Sea
Mexico0.02Tonnes: 10,911USD per tonne: $1,5440.91%Land
Colombia0.02Tonnes: 10,097USD per tonne: $1,6080.87%Sea
Philippines0.02Tonnes: 9,015USD per tonne: $1,6910.82%Sea
Ecuador0.01Tonnes: 4,527USD per tonne: $1,8910.46%Sea
Singapore re-exports0.01Tonnes: 3,655USD per tonne: $2,0000.39%Sea
Honduras< 0.01Tonnes: 8,874USD per tonne: $4400.21%Sea
Ghana< 0.01Tonnes: 1,506USD per tonne: $2,4680.2%Sea
Netherlands re-exports< 0.01Tonnes: 783USD per tonne: $1,8480.08%Sea
Sierra Leone< 0.01Tonnes: 631USD per tonne: $2,0680.07%Sea
Jordan< 0.01Tonnes: 430USD per tonne: $2,7820.06%Sea
Liberia< 0.01Tonnes: 936USD per tonne: $9090.05%Sea
Nigeria< 0.01Tonnes: 442USD per tonne: $1,8370.04%Sea
Canada< 0.01Tonnes: 730USD per tonne: $9350.04%Sea
Brazil< 0.01Tonnes: 215USD per tonne: $1,9630.02%Sea
Sweden< 0.01Tonnes: 124USD per tonne: $3,0020.02%Sea
India< 0.01Tonnes: 204USD per tonne: $1,4640.02%Sea
Dominican Republic< 0.01Tonnes: 136USD per tonne: $1,9710.01%Sea
Denmark< 0.01Tonnes: 73USD per tonne: $2,6860.01%Sea

Trend

Who it buys from

Indonesia has been its main source since 2016

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

  • Indonesia 1.6
  • Malaysia 0.2
  • Mexico 0.02
  • Colombia 0.02
  • Philippines 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
Indonesia0.011.6
Malaysia0.050.2
Mexico00.02
Colombia< 0.010.02
Philippines< 0.010.02

Sources and methodology

Other products of this country

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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