Palm Oil Prices in Turkey
| Variety | Market level | Price (US$/kg) | Local (TRY) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 1.14 | 22.58 | ▼ 0.6% | ▲ 25.6% | World Bank Pink Sheet |
| - | Export (unit value) | 2.10 | 41.53 | ▲ 16.6% | ▲ 16.6% | UN Comtrade (unit value) |
As of June 2026, the palm oil price in Turkey available is US$ 2.10 per kg (41.53 TRY), up 16.6% year-on-year.
In 2024, Turkey exported US$12,488 worth of palm oil, totaling 7 tonnes and ranking #49 out of 65 global exporters, with a 0.0% share of world exports and a -99.7% year-on-year change. Turkey is a net exporter of palm oil. The latest export unit value is US$2.0964 per kg.
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Palm Oil Price History & Trend
Global benchmark (world reference) price for palm oil, US$ per kg.
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Production, Exports, Imports & HS Codes - palm oil in Turkey
In 2024, Turkey exported US$12,488 worth of palm oil, totaling 7 tonnes and ranking #49 out of 65 global exporters, with a 0.0% share of world exports and a -99.7% year-on-year change. Turkey is a net exporter of palm oil. The latest export unit value is US$2.0964 per kg.
Exports UN Comtrade · 2024
In 2024, Turkey exported $12.5K (6.9 t) of palm oil▼ 99.7% YoY. That ranks #49 worldwide (0% of global exports).
Export value by year (US$)
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 $339.5M · 3.9%
Annual export data Turkey · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $12.5K | 6.9 t | $1.8 |
| 2023 | $4.2M | 4.1 kt | $1.02 |
| 2022 | $14.6K | 6.9 t | $2.12 |
| 2021 | $27.8M | 33.3 kt | $0.84 |
| 2020 | $10.7M | 15.4 kt | $0.7 |
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.