World Palm Oil Production 2023/2024

October 2023

This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2023/2024 will be 79.46 million metric tons.

Palm Oil Production last year (*) was 77.58 million tons. This year's 79.46 estimated millions tons could represent an increase of 1.89 million tons or 2.43% in palm oil production around the globe.

Next Update will be November 2023

Palm Oil Production by Country

(Values in Metric Tons)

Indonesia: 47,000,000

Malaysia: 19,000,000

Thailand: 3,450,000

Colombia: 1,900,000

Nigeria: 1,500,000

Guatemala: 920,000

Papua New Guinea: 800,000

Cote d'Ivoire: 600,000

Honduras: 595,000

Brazil: 585,000

Ecuador: 480,000

Cameroon: 465,000

India: 305,000

Ghana: 300,000

Congo (Kinshasa): 300,000

Costa Rica: 275,000

Peru: 275,000

Mexico: 235,000

Philippines: 100,000

Sierra Leone: 75,000

Benin: 70,000

Angola: 55,000

Dominican Republic: 53,000

Guinea: 50,000

Liberia: 45,000

Senegal: 14,000

Togo: 9,000

Venezuela: 8,000

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