Palm Oil Prices in Dominican Republic
| Variety | Market level | Price (US$/kg) | Local (DOP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 62.19 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 1.57 | 85.43 | ▼ 8.3% | ▼ 8.3% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in Dominican Republic available is US$ 1.57 per kg (85.43 DOP), down 8.3% year-on-year.
In 2023, the Dominican Republic exported 266 tonnes of palm oil valued at US$417,108, ranking #38 among 75 exporters and accounting for 0.0% of global exports. The country is a net exporter, with palm oil production reaching 48,000 tonnes, ranking #29 globally and representing 0.1% of world output. The latest export price is US$1.5659 per kg.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg.
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Production, Exports, Imports & HS Codes - palm oil in Dominican Republic
In 2023, the Dominican Republic exported 266 tonnes of palm oil valued at US$417,108, ranking #38 among 75 exporters and accounting for 0.0% of global exports. The country is a net exporter, with palm oil production reaching 48,000 tonnes, ranking #29 globally and representing 0.1% of world output. The latest export price is US$1.5659 per kg.
Exports UN Comtrade · 2023
In 2023, Dominican Republic exported $417.1K (266.4 t) of palm oil▲ 445% YoY. That ranks #38 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top palm oil exporters worldwide UN Comtrade · 2023
- #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 $339.5M · 3.9%
Annual export data Dominican Republic · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2023 | $417.1K | 266.4 t | $1.57 |
| 2022 | $76.5K | 44.8 t | $1.71 |
| 2021 | $53.4K | 32.2 t | $1.66 |
| 2020 | $51.4K | 51.5 t | $1 |
Production FAOSTAT · 2023
Dominican Republic produced 48 kt of palm oil in 2023▲ 6.7% YoY. It ranks #29 among producing countries (0.1% 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.