Major Global Palm Oil Exporters in 2024 Q1 - Tendata

Palm oil, a versatile ingredient used in various industries, holds a significant position in the global export market. While spices dominate culinary exports, palm oil underscores the economic importance and agricultural prowess of different nations. Let's delve into the major global palm oil exporters in 2024:

1. Colombia (34.07%, $59.97 Million)

Colombia emerges as a leading exporter of palm oil, leveraging its fertile land and agricultural expertise to produce high-quality palm oil products for international markets.

2. Ivory Coast (32.75%, $57.64 Million)

The Ivory Coast secures a substantial share in the global palm oil export market, driven by its commitment to sustainable farming practices and efficient production methods.

3. Vietnam (7.79%, $13.72 Million)

Vietnam showcases its presence in the global palm oil trade, with a focus on modernizing its palm oil industry and meeting the diverse needs of consumers worldwide.

4. Indonesia (5.76%, $10.14 Million)

Indonesia plays a significant role in the global palm oil market, capitalizing on its vast palm plantations and advanced processing facilities to export palm oil products to various countries.

5. Peru (4.94%, $8.69 Million)

Peru contributes to the global palm oil trade, drawing on its agricultural heritage and commitment to environmental sustainability to supply premium palm oil products to international markets.

6. India (3.23%, $5.69 Million)

India makes its mark in the global palm oil export scene, with a focus on quality assurance and meeting the diverse culinary and industrial needs of customers around the world.

7. Philippines (3.17%, $5.58 Million)

The Philippines participates in the global palm oil trade, leveraging its strategic location and robust agricultural sector to export palm oil products that meet international standards.

8. Ecuador (2.02%, $3.55 Million)

Ecuador's modest share in the global palm oil export market highlights its emerging role as a supplier of sustainably produced palm oil products, catering to environmentally conscious consumers.

9. Malaysia (1.81%, $3.18 Million)

Malaysia showcases its expertise in palm oil production and export, with a focus on innovation and technology to ensure the quality and sustainability of its palm oil products.

10. Costa Rica (1.8%, $3.16 Million)

Costa Rica participates in the global palm oil trade, emphasizing eco-friendly practices and responsible cultivation methods to supply palm oil products that meet ethical and environmental standards.

Examining the top companies exporting palm oil in 2024 provides insights into the key players shaping the global palm oil trade:

1. SANIA CIE (25.03%, $440.62 Million)

Sania Cie emerges as a dominant force in the global palm oil export market, with a commitment to sustainable palm oil production and supply chain transparency.

2. C I ACEPALMA S A (21.48%, $378.12 Million)

C I Acepalma S A showcases its expertise in palm oil export, with a focus on product quality and customer satisfaction in the international market.

3. MEDLOG-CI (6.06%, $106.59 Million)

Medlog-CI plays a vital role in the global palm oil trade, with a reputation for reliability and efficiency in palm oil logistics and distribution.

4. CHI NHÁNH CÔNG TY TNHH CALOFIC TẠI HIỆP PHƯỚC, TPHCM (5.12%, $90.16 Million)

Chi Nhánh Công Ty TNHH Calofic Tại Hiệp Phước, TPHCM contributes to the global palm oil export market, with a focus on meeting the diverse needs of customers and partners.

5. SOCIETE AFRICAINE DE RAFFINAGE CI (4.53%, $79.69 Million)

Societe Africaine De Raffinage CI showcases its capabilities in palm oil refining and export, with a commitment to product excellence and industry best practices.

6. EXPORTADORA ROMEX S.A. (3.44%, $60.62 Million)

Exportadora Romex S.A. plays a significant role in the global palm oil trade, with a focus on market expansion and customer satisfaction.

7. NADA OIL WEST AFRICA (2.31%, $40.67 Million)

Nada Oil West Africa contributes to the global palm oil export market, with a reputation for quality and reliability in palm oil production and supply.

8. C.I. TEQUENDAMA S.A.S (2.31%, $40.59 Million)

C.I. Tequendama S.A.S showcases its expertise in palm oil export, with a focus on sustainable practices and responsible business operations.

9. PURTI VANASPATI PRIVATE LIMITED (2.27%, $40 Million)

Purti Vanaspati Private Limited participates in the global palm oil trade, with a commitment to product innovation and customer-centric approach.

10. C.I. TOP S.A.S. (2.27%, $39.96 Million)

C.I. Top S.A.S. demonstrates its capabilities in palm oil export, with a diverse portfolio of palm oil products catering to the needs of international markets.

In conclusion, the global palm oil export market is a dynamic arena shaped by the contributions of various countries and companies. By leveraging their strengths in agriculture, processing, and distribution, exporters can navigate the complexities of the global palm oil trade and seize opportunities for growth and sustainability.

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