Monthly Palm Oil Trade Statistics 2020

PRODUCT	UNIT	JAN – DEC 2020	JAN – DEC 2019	CHANGE (MT)	CHANGE (%)
CPO	MT	4,423,694	3,827,915	595,779	15.56
CPO	RM Mil	12,101.53	8,019.42	4,082.11	50.90
PPO	MT	12,945,171	14,643,150	(1,697,979)	(11.60)
PPO	RM Mil	36,792.80	33,628.59	3,164.21	9.41
PALM OIL	MT	17,368,865	18,471,065	(1,102,200)	(5.97)
PALM OIL	RM Mil	48,894.33	41,648.01	7,246.32	17.40
CPKO	MT	416,836	334,179	82,657	24.73
CPKO	RM Mil	1,390.84	855.59	535.25	62.56
PPKO	MT	802,856	752,075	50,781	6.75
PPKO	RM Mil	3,051.23	2,710.61	340.62	12.57
PALM KERNEL OIL	MT	1,219,693	1,086,254	133,439	12.28
PALM KERNEL OIL	RM Mil	4,442.06	3,566.20	875.86	24.56
PALM KERNEL CAKE	MT	2,568,704	2,492,738	75,966	3.05
PALM KERNEL CAKE	RM Mil	1,362.05	1,016.91	345.14	33.94
OLEO CHEMICALS	MT	3,058,031	3,280,127	(222,096)	(6.77)
OLEO CHEMICALS	RM Mil	12,467.56	12,299.69	167.87	1.36
FINISHED PRODUCTS	MT	561,279	593,714	(32,435)	(5.46)
FINISHED PRODUCTS	RM Mil	2,610.75	2,558.38	52.37	2.05
BIODIESEL	MT	378,582	609,777	(231,195)	(37.91)
BIODIESEL	RM Mil	1,354.54	1,603.77	(249.23)	(15.54)
OTHERS	MT	1,500,240	1,345,502	154,738	11.50
OTHERS	RM Mil	1,634.79	1,038.23	596.56	57.46
TOTAL	MT	26,655,394	27,879,177	(1,223,783)	(4.39)
TOTAL	RM Mil	72,766.09	63,731.19	9,034.90	14.18

	Exports		Imports
	2020	2019	2020	2019
Jan	1,213,539	1,680,891	85,033	81,477
Feb	1,082,417	1,324,615	66,735	94,278
Mar	1,184,702	1,620,752	79,216	131,242
Apr	1,236,478	1,654,499	56,596	62,112
May	1,369,351	1,715,719	37,101	61,789
Jun	1,706,597	1,397,140	48,841	101,250
Jul	1,783,284	1,486,485	52,691	40,069
Aug	1,578,075	1,736,300	32,311	51,055
Sep	1,612,155	1,409,089	48,273	71,112
Oct	1,674,304	1,641,973	45,398	85,034
Nov	1,303,271	1,405,638	112,663	74,684
Dec	1,624,692	1,396,157	282,058	123,029
Jan-Dec	17,368,865	18,469,258	946,917	977,131

COUNTRY	JAN – DEC 2020	JAN – DEC 2019	CHANGE (MT)	CHANGE (%)
CHINA	2,730,660	2,490,503	240,157	9.64
INDIA	2,726,956	4,409,511	(1,682,555)	(38.16)
NETHERLANDS	1,072,952	880,728	192,224	21.83
PAKISTAN	1,003,723	1,085,546	(81,823)	(7.54)
PHILIPPINES	693,026	629,086	63,940	10.16
TURKEY	615,872	709,262	(93,390)	(13.17)
U.S.A	540,349	542,161	(1,812)	(0.33)
KENYA	520,758	193,340	327,418	169.35
SOUTH KOREA	453,278	423,105	30,173	7.13
ITALY	439,053	476,279	(37,226)	(7.82)
TOTAL	10,796,627	11,839,521	(1,042,894)	(8.81)

	Production		End-Stocks
	2020	2019	2020	2019
Jan	1,171,534	1,737,461	1,755,417	3,002,871
Feb	1,288,515	1,544,518	1,700,261	3,056,948
Mar	1,397,322	1,672,058	1,729,583	2,920,377
Apr	1,652,771	1,649,368	2,044,498	2,726,910
May	1,651,336	1,671,467	2,029,579	2,444,458
Jun	1,885,742	1,510,957	1,898,372	2,410,828
Jul	1,807,397	1,740,759	1,699,171	2,378,272
Aug	1,863,309	1,821,548	1,702,809	2,240,491
Sep	1,869,256	1,842,433	1,721,802	2,448,448
Oct	1,724,559	1,795,841	1,573,389	2,352,220
Nov	1,491,551	1,538,053	1,561,758	2,255,035
Dec	1,333,637	1,333,904	1,264,881	2,007,124
*Jan-Dec	1,594,744	1,654,864	1,723,460	2,520,332

* Jan – Dec Average

Note: Average for Peninsular Malaysia

	CPO Local Prices
	2020	2019
Jan	3,014	2,037
Feb	2,715	2,101
Mar	2,382	1,904
Apr	2,299	2,019
May	2,074	1,947
Jun	2,412	1,968
Jul	2,519	1,879
Aug	2,815	2,067
Sep	2,924	2,097
Oct	2,980	2,104
Nov	3,422	2,494
Dec	3,621	2,813
*Jan-Dec	2,765	2,119

* Jan – Dec Average
Note: Average for Peninsular Malaysia

COUNTRY	JAN – DEC 2020	JAN – DEC 2019	CHANGE (MT)	CHANGE (%)
AFGHANISTAN	75,740	72,768	2,972	4.08
ALBANIA	1,599	1,843	(244)	(13.24)
ALGERIA	17,016	34,661	(17,645)	(50.91)
AMERICAN SAMOA	0	21	(21)	(100.00)
ANGOLA	124,017	147,554	(23,537)	(15.95)
ANTIGUA	131	106	25	23.58
ARGENTINA	2,560	3,514	(954)	(27.15)
AUSTRALIA	145,978	144,917	1,061	0.73
AUSTRIA	60	0	60	#DIV/0!
BAHRAIN	9,758	12,633	(2,875)	(22.76)
BANGLADESH	315,275	150,612	164,663	109.33
BARBADOS	288	328	(40)	(12.20)
BELGIUM	3,174	3,561	(387)	(10.87)
BENIN	111,475	119,875	(8,400)	(7.01)
BOSNIA AND HERZEGOVINA	47	48	(1)	(2.08)
BRAZIL	9,141	9,178	(37)	(0.40)
BRUNEI	9,092	8,258	834	10.10
BULGARIA	10,706	11,892	(1,186)	(9.97)
BULKINA FASO	0	542	(542)	(100.00)
BURUNDI	124	0	124	#DIV/0!
CAMBODIA	2,142	1,821	321	17.63
CAMEROON	32,117	17,731	14,386	81.13
CANADA	12,905	11,076	1,829	16.51
CENTRAL AFRICAN REPUBLIC	203	71	132	185.92
CHAD	1,032	3,815	(2,783)	(72.95)
CHILE	8,764	7,315	1,449	19.81
CHINA	2,730,660	2,490,503	240,157	9.64
COLOMBIA	639	12,188	(11,549)	(94.76)
COMOROS	1,242	761	481	63.21
CONGO, DEMOCRATIC REP. OF THE	47,035	43,657	3,378	7.74
COSTA RICA	18	54	(36)	(66.67)
COTE D’IVOIRE	53,799	29,667	24,132	81.34
CROATIA	7,999	9,123	(1,124)	(12.32)
CUBA	618	1,214	(596)	(49.09)
CYPRUS	42	42	0	0.00
CZECH	0	46	(46)	(100.00)
DENMARK	52,832	44,345	8,487	19.14
DJIBOUTI	122,390	52,316	70,074	133.94
DOMINICA	527	38	489	1,286.84
DOMINICAN REPUBLIC	232	4,753	(4,521)	(95.12)
EGYPT	155,747	84,950	70,797	83.34
EL SALVADOR	0	1	(1)	(100.00)
EQUATORIAL GUINEA	20	0	20	#DIV/0!
ERITREA	2,639	4,936	(2,297)	(46.54)
ESTONIA	24	0	24	#DIV/0!
ETHIOPIA	20,080	64,757	(44,677)	(68.99)
FIJI	2,443	3,804	(1,361)	(35.78)
FRANCE	259	460	(201)	(43.70)
GABON	513	9,675	(9,162)	(94.70)
GAMBIA	19,752	17,310	2,442	14.11
GEORGIA	19,470	18,995	475	2.50
GERMANY	21,462	35,310	(13,848)	(39.22)
GHANA	246,861	152,721	94,140	61.64
GREECE	16,006	7,136	8,870	124.30
GRENADA	233	120	113	94.17
GUAM	71	0	71	#DIV/0!
GUATEMALA	1,219	879	340	38.68
GUINEA	19,577	57,563	(37,986)	(65.99)
GUYANA	2,738	3,156	(418)	(13.24)
HAITI	12,743	11,271	1,472	13.06
HONG KONG	10,541	4,275	6,266	146.57
HUNGARY	1,451	1,574	(123)	(7.81)
INDIA	2,726,956	4,409,511	(1,682,555)	(38.16)
INDONESIA	19,101	195,938	(176,837)	(90.25)
IRAN	321,041	521,669	(200,628)	(38.46)
IRAQ	25,869	11,468	14,401	125.58
ITALY	439,053	476,279	(37,226)	(7.82)
JAMAICA	1,809	1,311	498	37.99
JAPAN	433,022	498,359	(65,337)	(13.11)
JORDAN	13,136	14,153	(1,017)	(7.19)
KAZAKHSTAN	16,066	20,465	(4,399)	(21.50)
KENYA	520,758	193,340	327,418	169.35
KIRIBATI	88	85	3	3.53
KUWAIT	20,449	27,994	(7,545)	(26.95)
KYRGYZSTAN	591	1,893	(1,302)	(68.78)
LAOS	248	341	(93)	(27.27)
LATVIA	1,794	2,357	(563)	(23.89)
LEBANON	7,675	7,929	(254)	(3.20)
LIBERIA	7,749	9,970	(2,221)	(22.28)
LIBYA	273	682	(409)	(59.97)
LITHUANIA	97	54	43	79.63
MACEDONIA	817	475	342	72.00
MADAGASCAR	101,058	67,580	33,478	49.54
MALAWI	25	0	25	#DIV/0!
MALDIVES	5,020	6,127	(1,107)	(18.07)
MALI	0	287	(287)	(100.00)
MALTA	0	24	(24)	(100.00)
MARSHALL ISLAND	39	0	39	#DIV/0!
MAURITANIA	88,689	82,865	5,824	7.03
MAURITIUS	3,281	4,321	(1,040)	(24.07)
MAYOTTE	84	0	84	#DIV/0!
MEXICO	7,415	29,673	(22,258)	(75.01)
MICRONESIA FEDERATION	17	18	(1)	(5.56)
MOLDOVA	162	163	(1)	(0.61)
MONGOLIA	1,150	1,534	(384)	(25.03)
MONTENEGRO	398	621	(223)	(35.91)
MOROCCO	18,613	2,434	16,179	664.71
MOZAMBIQUE	301,757	193,918	107,839	55.61
MYANMAR	40,978	76,475	(35,497)	(46.42)
NAMIBIA	972	770	202	26.23
NAURU	18	0	18	#DIV/0!
NEPAL	2,420	6,004	(3,584)	(59.69)
NETHERLANDS	1,072,952	880,728	192,224	21.83
NETHERLANDS ANTILLES	0	22	(22)	(100.00)
NEW CALEDONIA	49	65	(16)	(24.62)
NEW ZEALAND	31,817	21,047	10,770	51.17
NIGER	18,688	16,863	1,825	10.82
NIGERIA	367,819	286,964	80,855	28.18
NORTH KOREA	124	0	124	#DIV/0!
NORWAY	44	22	22	100.00
OMAN	99,911	26,170	73,741	281.78
PAKISTAN	1,003,723	1,085,546	(81,823)	(7.54)
PALAU	38	21	17	80.95
PALESTINE	141	283	(142)	(50.18)
PANAMA	1,244	2,847	(1,603)	(56.30)
PAPUA N GUINEA	10,551	10,112	439	4.34
PERU	675	607	68	11.20
PHILIPPINES	693,026	629,086	63,940	10.16
POLAND	516	1,620	(1,104)	(68.15)
PORTUGAL	328	66	262	396.97
QATAR	20,130	28,693	(8,563)	(29.84)
REUNION	20	185	(165)	(89.19)
ROMANIA	6,559	12,104	(5,545)	(45.81)
RUSSIA	10,967	21,464	(10,497)	(48.91)
RWANDA	72	1,236	(1,164)	(94.17)
SAINT KITTS AND NEVIS	78	0	78	#DIV/0!
SAMOA	139	83	56	67.47
SAO TOME & PRINCIPE	238	41	197	480.49
SAUDI ARABIA	349,489	164,821	184,668	112.04
SENEGAL	39,137	30,113	9,024	29.97
SERBIA	816	962	(146)	(15.18)
SERBIA AND MONTENEGRO	216	0	216	#DIV/0!
SEYCHELLES	361	974	(613)	(62.94)
SIERRA LEONE	4,631	3,238	1,393	43.02
SINGAPORE	288,240	361,898	(73,658)	(20.35)
SLOVENIA	46	70	(24)	(34.29)
SOLOMON ISLAND	255	72	183	254.17
SOMALIA	101,595	93,456	8,139	8.71
SOUTH AFRICA	212,509	216,406	(3,897)	(1.80)
SOUTH KOREA	453,278	423,105	30,173	7.13
SPAIN	198,287	486,658	(288,371)	(59.26)
SRI LANKA	124,128	87,231	36,897	42.30
ST. LUCIA	78	203	(125)	(61.58)
ST. VINCENT AND THE GRENADINES	40	38	2	5.26
SUDAN	25,926	7,457	18,469	247.67
SURINAME	860	796	64	8.04
SWAZILAND	0	520	(520)	(100.00)
SWEDEN	103,440	104,015	(575)	(0.55)
SWITZERLAND	971	1,516	(545)	(35.95)
SYRIA	17,004	18,299	(1,295)	(7.08)
TAIWAN	216,338	223,560	(7,222)	(3.23)
TAJIKISTAN	119	244	(125)	(51.23)
TANZANIA	201,760	217,450	(15,690)	(7.22)
TOBAGO	627	0	627	#DIV/0!
TOGO	173,758	85,340	88,418	103.61
TONGA	64	96	(32)	(33.33)
TRINIDAD	6,167	7,493	(1,326)	(17.70)
TUNISIA	3,337	535	2,802	523.74
TURKEY	615,872	709,262	(93,390)	(13.17)
TURKMENISTAN	1,358	918	440	47.93
TUVALU	2	2	0	0.00
U.A.E	102,158	75,621	26,537	35.09
U.S.A	540,349	542,161	(1,812)	(0.33)
UGANDA	1,246	1,877	(631)	(33.62)
UKRAINE	49,697	33,969	15,728	46.30
UNITED KINGDOM	15,505	16,143	(638)	(3.95)
URUGUAY	67	191	(124)	(64.92)
UZBEKISTAN	30,210	54,176	(23,966)	(44.24)
VANUATU	156	142	14	9.86
VENEZUELA	23	0	23	#DIV/0!
VIETNAM	436,839	595,265	(158,426)	(26.61)
YEMEN ARAB REP.	94,365	64,255	30,110	46.86
ZAMBIA	0	119	(119)	(100.00)
OTHERS	23,776	15,696	8,080	51.48
TOTAL	17,368,865	18,471,064	(1,102,199)	(5.97)

Source : MPOB
*Disclaimer: This document has been prepared based on information from reliable sources. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.

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