Palm Oil Prices in Brazil
| Variety | Market level | Price (US$/kg) | Local (BRL) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 5.70 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 5.34 | 26.71 | ▲ 289.4% | ▲ 289.4% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in Brazil available is US$ 5.34 per kg (26.71 BRL), up 289.4% year-on-year.
Brazil exported 171 tonnes of palm oil in 2024, valued at US$234,015, ranking #32 among 65 exporters and accounting for 0.0% of global exports, with a sharp -96.8% year-on-year decline. The country is a net exporter and produced 637,353 tonnes in 2023, ranking #9 globally and representing 0.8% of world output, with a 9.7% increase from the previous year. The latest export unit value is US$5.3432 per kg.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg.
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Production, Exports, Imports & HS Codes - palm oil in Brazil
Brazil exported 171 tonnes of palm oil in 2024, valued at US$234,015, ranking #32 among 65 exporters and accounting for 0.0% of global exports, with a sharp -96.8% year-on-year decline. The country is a net exporter and produced 637,353 tonnes in 2023, ranking #9 globally and representing 0.8% of world output, with a 9.7% increase from the previous year. The latest export unit value is US$5.3432 per kg.
Exports UN Comtrade · 2024
In 2024, Brazil exported $234K (170.5 t) of palm oil▼ 96.8% YoY. That ranks #32 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top palm oil exporters worldwide UN Comtrade · 2024
- #1 Malaysia $3.3B · 38.2%
- #2 Indonesia $2.72B · 31.4%
- #3 Thailand $737.8M · 8.5%
- #4 Guatemala $444.6M · 5.1%
- #5 Colombia $339.5M · 3.9%
Annual export data Brazil · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $234K | 170.5 t | $1.37 |
| 2023 | $7.2M | 7.2 kt | $1 |
| 2022 | $15.9M | 9.9 kt | $1.61 |
| 2021 | $9.8M | 7.4 kt | $1.32 |
| 2020 | $7.3M | 14.9 kt | $0.49 |
Production FAOSTAT · 2023
Brazil produced 637.4 kt of palm oil in 2023▲ 9.7% YoY. It ranks #9 among producing countries (0.8% of world output).
Production by year (tonnes)
HS Code
palm oil is traded under Harmonized System code 1511.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.