Sunflower oil, palm oil, vegetable oil
sunflower seed
walnuts
grains ( wheat, beans, lentils, peas and etc...)
dried fruits
sugar
Refined Sunflower Oil, Mayonnaise, Cornflakes, Wheat Flour, Refined Palm Oil, Shortening, Sweetened Condensed Milk, Evaporated Milk, Coconut Milk Powder, Margarine And Malt Drink(like Milo Nestle)
Pickles, Extra Virgin Olive Oil, Olives, Jams, Molasses, Tahini, Tomato Paste, Flower Waters, Zaatar & Herbs, Grains
Cashew nuts, a4 paper, sisal fiber, white rice, sugar, sesame seeds, macadamia nuts, oil, gloves, surgical mask
Foods , Drinks, Oil
Bonny light crude oil & liquefied natural gas, russian origin gas d2 oil gost 305 82, russia origin mazut m100 gost 10585/75/99, russia origin aviation kerosine colonial grade 54 jet fuel, russia export blend crude gost 51858 2002/ gost 9965 76, lpg, gost 20448 90, fuel oil cst 180, diesel gas oil ultra low sulphur diesel 10 ppm/500 ppm, russia lng gost 5542 87, urea 46% prilled & granular (russia origin), bitumen grades: 40/50, 60/70, and 80/100, d6 virgin fuel oil, aviation kerosene jet a 1, ts 1, european diesel. En 590 (ulsd), automotive gas oil d2 (ago), base oil sn 100, sn150, gasoline 89 92 93 95 octane russia origin, cst 180 fuel oil, cst 280 &380 fuel oil
Food ingredients, organic foods, agricultural commodities, fruit and vegetable based food ingredients including fruit pulp, puree, concentrate and frozen fruits and vegetables and agro commodities like spices, beans, pulses, grains, nuts and oil seeds
Dairy products like cheese, milk, eggs, butter, nuts & kernels like cashew nuts, almond nuts, pistachio nuts, walnuts, pecan nuts, kidney beans, pumpkin seeds, peanuts, maize, niod milk powder, red bull energy drink, coca cola, heineken beer, coca cola energy drink, unsalted butter, jack daniels, xl energy drink, kitkat, mars chocolate, nuttella, ferrero rocher, full cream milk powder, skimmed milk, goat milk, coconut milk, corn oil, sunflower oil, palm oil, coconut oil, olive oil
Glass handicrafts, ceramic handicrafts, crystals, vases, drink ware, figurine, tray, sweet box, candles (all kind and sizes), candle holders, incense, incense holder, perfume oils, oil burner, tin box, gift items
Hardwood charcoal, sesame seeds, dried split ginger, cashew nuts, cassia tora seeds, dried hibiscus flowers, garlic, red onions, tiger nuts, red chili pepper, peanuts (in shells), yellow maize, briquettes (from palm kernel shells), palm kernel shells (pks), palm kernel cake (pkc), shea butter, soybean
Silica sand, gravel, pebbles, palm trees, fruits, decoration pebbles, limestone, anthracite filter media, silica sand, quartz ore, kaolin, dolomite, red iron oxide, aggregate, silica flour, calcium carbonate
Bonny light crude oil (blco), jp54 jet fuel, jet a1(jpa1), diesel fuel d6, diesel d2, diesel en 590, ago automotive gas oil,, mazut m100, liquified natural gas (lng), fluorspar, manganese ore, zircon sand, quartz lumps, gemstones, nickel ore and industrial minerals
Fish meal
Kn95 masks, ffp2 masks, ffp3 masks, nitrile gloves, covid 19 test kits, medical face masks, surgical masks, face shields, infrared digital thermometer, surgical gowns, protective goggles, rbd palm olein, crude palm oil, palm kernel shells, refined sunflower oil, steam coal, coconut shell charcoal, iron ore, wood chips, wood pellets
Glass handicrafts, ceramic handicrafts, crystals, vases, drink ware, figurine, tray, sweet box, candles (all kind and sizes), candle holders, incense, incense holder, perfume oils, oil burner, tin box, gift items
Food items, candies, pulses & cereals, canned food, fruits, meat, tuna, hazel nuts, almond, walnuts, macdamia nuts, dried raisin, commodities, diet sugar, sugar white crystal, brown sugar, raw sugar, petroleum products, d2, m100, lpg lng, jp54, gasoil, lco, mgo, ago, bitumen, methanol, ethanol, parrafin wax, fertilizers, npk, dap, mpk, chemicals and detergent raw materials, sugar icumsa, durum wheat g2, red hard winter wheat grade 2, soft milling wheat g2, premium wheat flour, soft wheat flour, whole wheat flour
Hardwood charcoal, sesame seeds, sorghum, moringa seed, onions, ginger, groundnut, raw cashew nuts, arabic gum, cassava, cocoa, shea nut, peanuts, ginger, cassava, yam
Baby Formula Products, Sunflower Oil, Pedia Sure Cooking Oil, Gas Cream Chargers, 615 Gram Smartwhip Silver Cream Chargers, Fire Stick 4k, 2022 Can Am Outlander Xt 850 Atvs, Cf Moto Atvs, Motor Atv Quad 1000cc Quad Bike, Quality Dry Stock Fish, Pure Red Liquid Mercury, Honey, Cow & Gate Infant Milk, Frozen Beef Cuts, Frozen Pork Cuts, Frozen Chicken Cuts, Frozen Seafood, Liquid Mercury, Powdered , Construction & , Metal Building Materials, Waste Cans, Zinc Ingots, Copper Wire, Copper Wire Scraps, Other Metal Materials, Non Ferrous Metal Materials, Recycling Metal Materials,
Medical Supplies, Face Masks, Nitrile / Latex / Vinyl Gloves, Face Visors, Goggles, Personal Protective Equipment (ppe), Fuel Products, Jet Fuel,Gasoline , Lpg (Liquefied Petroleum Gas), D2 Diesel Fuel , Crude Oil
Labsa, sles, soap noodles, sodium sulphate, white rice, edible salt, used beverage cans (ubc), l.m.s.
Palm oil is one of the most widely consumed vegetable oils. Sourced from the fruit of the palm tree, this oil is used in a number of edible and personal care products. In fact, its unique composition is responsible for its versatile applications (food, cosmetics, pharmaceuticals, and biofuels). Today we all are aware of its significance in the global trade market. But do you know that it was one of the most sought-after commodities during Britain's Industrial Revolution? It is because of their extensive use as an industrial lubricant for machinery. As global consumption keeps growing, palm oil buyers actively seek reliable suppliers who can provide bulk quantities at the best rate.
There are very few commodities that hold as much influence over the global economy as palm oil. This versatile oil has a critical role across multiple industries. Manufacturers prefer this edible oil because it produces a higher oil yield per hectare than other oil-producing crops, such as soybeans or sunflowers. In the year 2022-23, the palm oil market alone accounted for around 35.7% of the world's vegetable oil production. And it grew further as the demand for this commodity increased in nations like China and India.
The increasing demand for palm oil is driven by various factors. More than half of the packaged products that we see in supermarkets are made from palm oils. It is an essential ingredient in a range of products, from packaged foods and snacks to cosmetics. Furthermore, it is also a sustainable & renewable alternative to fossil fuels for biofuel production.
Palm oil is more affordable and economically viable as it offers a higher yield per hectare when compared to other vegetable oils like soybean oil. This commodity also has a major global economic impact as it supports the livelihoods of millions of people worldwide. Did you know palm oil is the top agricultural export of Indonesia and Malaysia? It makes up about 10% of Indonesia’s exports and 5% of Malaysia’s, generating lakhs of job opportunities in these regions (Source: European Parliamentary Research Service (EPRS).
Buyers source palm oil bulk in different forms based on their requirements and end-use. Here are the following types of palm oils popular in the international trade business:
In addition, exporters also trade associated by-products, such as palm kernel, palm kernel cake, palm nuts, etc. Moreover, you can also expand into related edible oils segments like Corn oil, Soybean oil, Sunflower oil, & Rapeseed oil, especially in price-sensitive markets. You can also explore other highly-demanded commodities such as Mustard oil, Coconut oil, and Olive oil in regional specialty categories.
In order to successfully carry out your export operations, it is important to make well-informed, strategic decisions. And staying updated with the latest market insights can be your way to go!
Global Market Size:
Source: IMARC
Top Importing Countries (2024) and their Average Price Range
Source: Seair Exim
To get the latest price updates on edible oils like palm oil or connect with fellow agri-traders, visit our Communities section.
Reaching out to the right buyers looking for palm oil can be really hectic, especially if you don't know where to start. Whether you want to connect with palm kernel oil buyers or you are searching for a buyer crude palm oil, here are the most effective methods that can be useful in your quest.
1. How can I find palm oil buyers?
Here are the most effective ways to find genuine & reliable palm oil importers or buyers globally:
2. Who are the major buyers of palm oil?
Here are the major palm oil buyers as per their ranking:
3. Who is the largest consumer of palm oil in the world?
Currently, India is the largest consumer of palm oil worldwide, followed by China and the EU.
4. What is the import duty on palm oil in India?
India has cut the basic import duty on crude palm oil from 20% to 10% to boost local refining. With additional charges, the total effective duty is around 16.5%. You can always check out DGFT notifications for updated rates.
5. What is the current price of palm oil?
Though the price may change depending on factors like grade, origin, and logistics, the average palm oil price per ton varies between $850–$1,100 per metric ton.
6. What is the palm oil HSN code?
1511 is the palm oil HSN code.
Click here to know more about Palm Oil Q&A.
