Palm Oil Prices in India
| Variety | Market level | Price (US$/kg) | Local (INR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Global benchmark | 1.14 | 94.44 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| — | Export (unit value) | 0.97 | 80.14 | ▼ 62.0% | ▼ 62.0% | UN Comtrade (unit value) |
As of May 2026, the palm oil price in India is US$ 0.97 per kg (80.14 INR), down 62.0% year-on-year.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg. A dedicated India series begins building from our next crawl. Source: UN Comtrade (unit value).
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes — palm oil in India
Exports UN Comtrade · 2024
In 2024, India exported $1.9M (2 kt) of palm oil▲ 46956.5% YoY. That ranks #20 worldwide (0% of global exports).
Export value by year (US$)
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 $339.5M · 3.9%
Annual export data India · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $1.9M | 2 kt | $0.97 |
| 2023 | $4.1K | 1.6 t | $2.55 |
| 2022 | $1.5M | 1.2 kt | $1.29 |
| 2021 | $581 | 0.3 t | $2.24 |
| 2020 | $226 | 0.1 t | $2.26 |
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. Values are official reported figures.