World Palm Oil Production 2016/2017

October 2016

This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2016/2017 will be 64.5 million metric tons, around 1 million tons less than the previous month's projection.

Palm Oil Production last year (*) was 58.84 million tons. This year's 64.5 estimated million tons could represent an increase of 5.65 million tons or a 9.6% in palm oil production around the globe.

Palm Oil Production by Country

(Values in Metric Tons)

Indonesia: 35,000,000

Malaysia: 20,000,000

Others: 4,945,000

Thailand: 2,300,000

Colombia: 1,280,000

Nigeria: 970,000

Next Update will be November 9, 2016.