Palm oil industry in Latin America and the Caribbean - statistics & facts
What do lipstick, shampoo, ice cream, pizza dough, and instant noodles have in common? Palm oil. With almost 80 million metric tons produced in 2023, palm oil is the undisputed leader among edible oils produced on a global scale. Extracted from the fruit of oil palm trees, this popular oil mainly produced in Indonesia and Malaysia. However, some Latin American countries such as Guatemala and Colombia are also among the leading providers of palm oil worldwide.
