Palm Oil Prices in Tanzania
| Variety | Market level | Price (US$/kg) | Local (TZS) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 2,714 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 0.79 | 1,886 | ▲ 1,742.3% | ▲ 1,742.3% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in Tanzania available is US$ 0.79 per kg (1,886 TZS), up 1,742.3% year-on-year.
Tanzania exported 214 tonnes of palm oil in 2024, valued at US$169,920, ranking #33 among 65 global exporters and accounting for 0.0% of world exports. The country is a net exporter, with production in 2023 totaling 5,616 tonnes, ranking #37 globally and representing 0.0% of world output. The latest export price is US$0.7922 per kg.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg.
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Production, Exports, Imports & HS Codes - palm oil in Tanzania
Tanzania exported 214 tonnes of palm oil in 2024, valued at US$169,920, ranking #33 among 65 global exporters and accounting for 0.0% of world exports. The country is a net exporter, with production in 2023 totaling 5,616 tonnes, ranking #37 globally and representing 0.0% of world output. The latest export price is US$0.7922 per kg.
Exports UN Comtrade · 2024
In 2024, Tanzania exported $169.9K (214.5 t) of palm oil▲ 74436.1% YoY. That ranks #33 worldwide (0% of global exports).
Export value by year (US$)
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 $339.5M · 3.9%
Annual export data Tanzania · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $169.9K | 214.5 t | $0.79 |
| 2023 | $228 | 5.3 t | $0.04 |
| 2022 | $89.6K | 99.8 t | $0.9 |
| 2021 | $1.1M | 940.1 t | $1.16 |
| 2020 | $222.4K | 357.2 t | $0.62 |
Production FAOSTAT · 2023
Tanzania produced 5.6 kt of palm oil in 2023▼ 0.2% YoY. It ranks #37 among producing countries (0% 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.