How much palm kernel oil does Indonesia produce and export?
Indonesia is the largest producer of palm kernel oil: 5 million tonnes in 2023, 59% of the world's 8.4 million tonnes (FAOSTAT). It is the 5th largest exporter by value: $70.5 million in 2024, 6.5% of world exports of crude palm kernel oil (HS 151321) (CEPII BACI). Its biggest customer is the Netherlands, which takes 33% of its palm kernel oil exports by value.
All about palm kernel oil · All about Indonesia · Palm kernel oil price history
Indonesia's palm kernel oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 1 | 5 million tonnes | 59% | +4.9% 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 |
|---|---|---|---|---|
| 18% | 26% | 46% | 57% | 59% |
Indonesia's palm kernel oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $70.5 million | 6.5% | 51,848 t | $1,361 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 151321 (Crude palm kernel and babassu oil).
Where Indonesia's palm kernel oil goes
| Destination | Value | Share of Indonesia's exports |
|---|---|---|
| Netherlands | $23M | 33% |
| Germany | $14M | 20% |
| Saudi Arabia | $14M | 19% |
| Malaysia | $9M | 13% |
| Bangladesh | $7M | 9.7% |
How much palm kernel oil Indonesia uses
Indonesia's domestic supply of palm kernel oil was 3.6 million tonnes in 2023, 42% of the world's. Food supply was 3.1 kg per person a year, 2nd highest of 82 countries with a million or more people. It produced 140% of what it used (self-sufficiency) and imported 0%. FAO's item is "Palm kernel oil". Consumption · Self-sufficiency.
The palm kernel oil price Indonesia 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, "Indonesia palm kernel oil: production, exports and prices", https://commodityorigins.com/countries/IDN/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.