The amount of palm oil shipped by Brazil in 2020 was 18,813 metric tons. In 2019 Brazil exported 17,271 tonnes of palm oil. For the year 2019 alone, the market for Brazil palm oil (processed category) has shrunk, flactuating by -44.855 percent compared to the year 2018. Between 2017 and 2019, palm oil's exports decreased by -81.34 percent earning the nation US$11.84m for the year 2019. Brazil's palm oil exports are classified as:
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Brasilien palmöl export values
In 2019, Brazil sold palm oil with a value of 11.84m USD, a reduction of -43.21% from 2018's total palm oil export of 20.849m USD. The yearly reduction in value of Brazil palm oil between 2017 to 2018 was -67.248%.
The per year variation in the volume of Brazil's palm oil exports between 2017 and 2019 was -81.34% when compared to a variation of -44.855% in the growth rate between 2018 and 2019.
Brazil's portion of the world's total palm oil's exports in 2019 was less than 1%. Brazil holds position 40 in world exports of palm oil.
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Export markets for Brasilien palmöl ( in '000$ )
Brazil's best performing export markets for palm oil are Switzerland, the Netherlands, US, Argentina and Paraguay.
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Import/Export Trends
Brazil is a net exporter of palm oil. The annual growth of Brazil palm oil in value between 2015 to 2019 was -26%, per year, while annual growth in quantity through the same period was %, per annum.
Brazil ordered 342,484 tonnes of palm oil in 2019.
Production
The production of palm oil in Brazil was 10,333,172 tonnes in 2019 and is projected to change by an average of 14.82%.
The country had approximately 709,900.00 hectares under palm oil cultivation.
