How much palm kernel oil does Papua New Guinea produce and export?
Papua New Guinea is the nullth largest producer of palm kernel oil: 74,000 tonnes in 2023, 0.9% of the world's 8.4 million tonnes (FAOSTAT). It is the 3rd largest exporter by value: $88.7 million in 2024, 8.2% of world exports of crude palm kernel oil (HS 151321) (CEPII BACI). Its biggest customer is the Netherlands, which takes 53% of its palm kernel oil exports by value.
All about palm kernel oil · All about Papua New Guinea · Palm kernel oil price history
Papua New Guinea's palm kernel oil production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 74,000 tonnes | 0.9% | +3.1% 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 |
|---|---|---|---|---|
| 0.9% | 1.2% | 0.8% | 0.8% | 0.9% |
Papua New Guinea's palm kernel oil exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $88.7 million | 8.2% | 69,320 t | $1,280 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 151321 (Crude palm kernel and babassu oil).
Where Papua New Guinea's palm kernel oil goes
| Destination | Value | Share of Papua New Guinea's exports |
|---|---|---|
| Netherlands | $47M | 53% |
| Belgium | $17M | 20% |
| Germany | $5M | 6% |
| Malaysia | $5M | 5.8% |
| India | $5M | 5.5% |
How much palm kernel oil Papua New Guinea uses
Papua New Guinea's domestic supply of palm kernel oil was 4 thousand tonnes in 2023, <0.1% of the world's. Food supply was 0.3 kg per person a year, 16th highest of 82 countries with a million or more people. It produced 1057% of what it used (self-sufficiency) and imported 0%. FAO's item is "Palm kernel oil". Consumption · Self-sufficiency.
The palm kernel oil price Papua New Guinea 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, "Papua New Guinea palm kernel oil: production and exports", https://commodityorigins.com/countries/PNG/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.