How much palm kernel oil does Colombia produce and export?
Colombia is the nullth largest producer of palm kernel oil: 118,672 tonnes in 2023, 1.4% of the world's 8.4 million tonnes (FAOSTAT). It is the 4th largest exporter by value: $83.9 million in 2024, 7.7% of world exports of crude palm kernel oil (HS 151321) (CEPII BACI). Its biggest customer is Mexico, which takes 66% of its palm kernel oil exports by value.
All about palm kernel oil · All about Colombia · Palm kernel oil price history
Colombia's palm kernel oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 118,672 tonnes | 1.4% | +3.3% a year | 2023 |
FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2023 |
|---|---|---|---|---|
| 1.2% | 1.8% | 1.3% | 1.4% | 1.4% |
Colombia's palm kernel oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 4 | $83.9 million | 7.7% | 70,097 t | $1,197 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 151321 (Crude palm kernel and babassu oil).
Where Colombia's palm kernel oil goes
| Destination | Value | Share of Colombia's exports |
|---|---|---|
| Mexico | $56M | 66% |
| Netherlands | $14M | 17% |
| Spain | $6M | 7.2% |
| Dominican Republic | $3M | 3.1% |
| Italy | $2M | 2.2% |
How much palm kernel oil Colombia uses
Colombia's domestic supply of palm kernel oil was 56 thousand tonnes in 2023, 0.7% of the world's. Food supply was 0.6 kg per person a year, 9th highest of 82 countries with a million or more people. It produced 384% of what it used (self-sufficiency) and imported 19%. FAO's item is "Palm kernel oil". Consumption · Self-sufficiency.
The palm kernel oil price Colombia sells into
The benchmark price, Malaysia, CIF Rotterdam, was $2,355/t in September 2026, down 2% over twelve months. Its five-year volatility is 32% a year, calmer in 63% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Palm kernel oil price history.
Cite as: Commodity Origins, "Colombia palm kernel oil: production, exports and prices", https://commodityorigins.com/countries/COL/palm-kernel-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.