Imports: Palm oil
U.S. imports of Palm oil decreased 3.79 percent through August to $1.15 billion.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Indonesia | $943.03 M |
| 2 | Malaysia | $183.53 M |
| 3 | Colombia | $10.1 M |
| 4 | Ecuador | $5.98 M |
| 5 | Singapore | $2.75 M |
| 6 | Mexico | $2.59 M |
| 7 | Ghana | $2.49 M |
| 8 | The Netherlands | $669,283 |
| 9 | Jordan | $416,603 |
| 10 | Liberia | $320,568 |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of New Orleans | $457.83 M |
| 2 | Port of Savannah, GA | $283.15 M |
| 3 | Port of Stockton, CA | $101.36 M |
| 4 | Port of Newark | $88.71 M |
| 5 | Port of Boston | $38.14 M |
| 6 | Port of Charleston | $37.55 M |
| 7 | Port of Richmond, CA | $35.71 M |
| 8 | Port of Virginia | $27.1 M |
| 9 | Port of Houston | $26.1 M |
| 10 | Port of Los Angeles | $9.06 M |
Top markets Palm oil
Total:
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Palm oil by port
Total:
Unavailable, check our plans to know more.
U.S. imports of Palm oil decreased 3.79 percent through August to $1.15 billion
The category ranked 262 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 258 for the last full year with a total value of $1.77 billion, a $143.2 million, 7.50 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 Indonesia, No. 2 Malaysia, No. 3 Colombia, No. 4 Ecuador and No. 5 Singapore. The leading sources were No. 1 Port of New Orleans, No. 2 Port of Savannah, GA, No. 3 Port of Stockton, CA, No. 4 Port of Newark and No. 5 Port of Boston.
In the last previous full year, the leading sources were No. 1 Indonesia, No. 2 Malaysia, No. 3 Philippines, No. 4 Mexico and No. 5 Colombia. The leading sources were No. 1 Port of New Orleans, No. 2 Port of Savannah, GA, No. 3 Port of Stockton, CA, No. 4 Port of Newark and No. 5 Port of Houston.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port of New Orleans rose 13.86 percent compared to last year to $457.83 million.
- Port of Savannah, GA fell 17.3 percent compared to last year to $283.15 million.
- Port of Stockton, CA fell 10.69 percent compared to last year to $101.36 million.
- Port of Newark rose 22.23 percent compared to last year to $88.71 million.
- Port of Boston rose 19.41 percent compared to last year to $38.14 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign sources:
- U.S. imports from No. 1 Indonesia decreased $93.94 million, 9.06 percent, (81.77 percent market share).
- U.S. imports from No. 2 Malaysia increased $78.32 million, 74.45 percent, (15.91 percent market share).
- U.S. imports from No. 3 Colombia increased $733,160, 7.83 percent, (0.88 percent market share).
- U.S. imports from No. 4 Ecuador decreased $105,122, 1.73 percent, (0.52 percent market share).
- U.S. imports from No. 5 Singapore decreased $4.58 million, 62.52 percent, (0.24 percent market share).
All totaled, 99.32 percent of all these Palm oil imports to the United States were shipped from the top five sources through August of this year. That is equal to $1.15 billion of the $1.15 billion total.
All totaled, 84.04 percent of all these Palm oil imports to the United States were shipped to the top five Ports through August of this year. That is equal to $969.2 million of the $1.15 billion total.