What is the price of palm oil per kilogram/pound in Panama today?
The retail price range for Panama palm oil is between US$ 0.59 and US$ 0.66 per kilogram or between US$ 0.27 and US$ 0.30 per pound(lb). Click here to see today's exact prices of palm oil in Panama
The retail price range in US Dollar for palm oil is between USD 0.59 and USD 0.66 per kilogram or between USD 0.27 and USD 0.30 per pound(lb) in Panama City and Colón.
Wholesale prices
In 2025, the approximate wholesale price range for Panama palm oil is between US$ 0.42 and US$ 0.46 per kilogram or between US$ 0.19 and US$ 0.21 per pound(lb).
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Prices of other produce in the Processed category in Panama: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Central America: Belize palm oil, Costa Rica palm oil, El Salvador palm oil, Guatemala palm oil, Honduras palm oil, Mexico palm oil, Nicaragua palm oil & Panama palm oil.
Panama palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Panama shipped 27,555 tonnes of palm oil. For 2019 alone, the market for Panama palm oil (processed category) has reduced, recording a change of -24.832 % compared to the year 2018. Between 2017 and 2019, palm oil's exports increased by 688775% earning the exporter US$14.40m for the year 2019. Panama's palm oil exports are classified as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm oil (HS code 151110)
- Crude palm kernel and babassu oil (HS code 151321)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Panama palm oil export values
In 2019, Panama shipped palm oil valued at 14.40m USD, a reduction of -40.58% from 2018's total palm oil export of 24.233m USD. The yearly change in value of Panama palm oil between 2017 to 2018 was 346085.714 per cent.
The per year variation in the amount of Panama's palm oil exports between 2017 and 2019 was 688775 percent in comparison to a variation of -24.832% in the period between 2018 and 2019.
Export markets for Panama palm oil ( in '000$ )
Panama's top destinations for palm oil are Nicaragua, Spain, Costa Rica, Germany and Uruguay.
Panama purchased 13,216 tonnes of palm oil in 2019.
Production
The production of palm oil in Panama was 111,024 tonnes in 2019 and is forecast to change by an average of -21.37%. The country had an estimated 10,964.00 hectares under palm oil cultivation.