What is the price of palm oil in Portugal?

As of May 2026, palm oil in Portugal is US$ 2.23 per kg (2.06 EUR), sourced from UN Comtrade (unit value).

What is Portugal's world rank in palm oil exports?

Portugal ranks #42 out of 65 palm oil exporters.

What was the year-on-year change in Portugal's palm oil exports?

Portugal's palm oil exports declined by 88.0% year-on-year.

Palm Oil Price in Portugal - June 2026 Market Prices (Updated Monthly)

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Current Palm Oil Prices in Portugal
Palm Oil Price History & Trend
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Palm Oil Prices in Portugal

US$ 2.23 / kg

2.06 EUR / kg

MoM ▲ 76.1% YoY ▲ 76.1%

Checked: Jun 9, 2026

Price as of: May 2026

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (EUR)	MoM	YoY	Source
-	Global benchmark	1.14	1.05	▼ 0.6%	▲ 25.6%	World Bank Pink Sheet
-	Export (unit value)	2.23	2.06	▲ 76.1%	▲ 76.1%	UN Comtrade (unit value)

As of June 2026, the palm oil price in Portugal available is US$ 2.23 per kg (2.06 EUR), up 76.1% year-on-year.

Portugal exported 35 tonnes of palm oil in 2024, valued at US$44,951, ranking #42 out of 65 exporters and accounting for 0.0% of global exports. Export volume declined by 88.0% year-on-year. The latest export unit value is US$2.2348 per kg. Portugal is a net exporter of palm oil.

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Palm Oil Price History & Trend

We are building a dedicated palm oil price series for Portugal history. The trend line shown is the closest commodity benchmark, for reference only.

Global benchmark (world reference) price for palm oil, US$ per kg.

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Production, Exports, Imports & HS Codes - palm oil in Portugal

Exports UN Comtrade · 2024

In 2024, Portugal exported $45K (35.4 t) of palm oil▼ 88% YoY. That ranks #42 worldwide (0% of global exports).

$45K

Export value

35.4 t

Export volume

#42 / 65

World rank

Global share

$1.27

Avg export price / kg

Export value by year (US$)

Export volume by year

Top palm oil exporters worldwide UN Comtrade · 2024

#1 Malaysia $3.3B · 38.2%
#2 Indonesia $2.72B · 31.4%
#3 Thailand $737.8M · 8.5%
#4 Guatemala $444.6M · 5.1%
#5 Colombia $339.5M · 3.9%

Annual export data Portugal · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2024	$45K	35.4 t	$1.27
2023	$373.3K	90.2 t	$4.14
2022	$990.7K	99.5 t	$9.96
2021	$1.2M	272.5 t	$4.53
2020	$434.9K	185.2 t	$2.35

HS Code

palm oil is traded under Harmonized System code 1511.10. Trade figures above are compiled for this HS heading.

Sources: trade & HS - UN Comtrade. Values are official reported figures.

Portugal palm oil - Production, Exports, Imports, Seasons and HS Codes

The quantity of palm oil exported by Portugal in 2020 was 5,519 metric tons. In 2019 Portugal shipped 371 tonnes of palm oil. Across 2019 alone, the interest in Portugal palm oil (processed category) has decreased, flactuating by -58.915 per cent compared to the year 2018. Between 2017 and 2019, palm oil's exports decreased by -74.74 percent earning the nation US$0.81m for the year 2019. Portugal's palm oil exports are classified as:

Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
Crude palm oil (HS code 151110)
Crude palm kernel and babassu oil (HS code 151321)
Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)

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Portugal palm oil export values

In 2019, Portugal shipped palm oil with a value of 0.81m USD, a reduction of -25.21% from 2018's total palm oil export of 1.083m USD. The yearly reduction in value of Portugal palm oil between 2017 to 2018 was -39.598 pc.

The per year change in the quantity of Portugal's palm oil exports between 2017 and 2019 was -74.74 percent compared to a variation of -58.915% in the period between 2018 and 2019.

Portugal's stake of the world's total palm oil's exports in 2019 was less than 1%. Portugal is ranked position 33 in world exports of palm oil.

Export markets for Portugal palm oil ( in '000$ )

Portugal's leading export markets for palm oil are Cape Verde, Guinea-Bissau, South Africa, United Kingdom (UK) and Angola.

Import/Export Trends

Portugal is a net importer of palm oil. The annual growth of Portugal palm oil in value between 2015 to 2019 was 32%, per year, while annual growth in quantity for the same period was 37%, per annum.

Portugal imported 55,384 tonnes of palm oil in 2019.

Palm Oil Prices Across Europe

Compare the latest palm oil prices in other Europe countries:

Croatia$1.54/kg Spain$1.44/kg United Kingdom (UK)$3.62/kg Bosnia and Herzegovina$1.14/kg Bulgaria$1.97/kg Czech Republic$4.13/kg Greece$2.21/kg Russia$1.21/kg Germany$1.10/kg Georgia$0.88/kg

Other Processed Prices in Portugal

Latest prices for other processed in Portugal:

Whisky$17.03/kg Coffee$3.97/kg Olive Oil$3.83/kg Agave syrup$2.35/kg Fructose$3.21/kg Other Cereals flour$0.77/kg Peppermint Oil$43.73/kg Rice flour$0.77/kg Vodka$13.26/kg Black Tea$12.57/kg Wheat flour$0.59/kg Sugar$0.73/kg Beer$0.97/kg Cotton$2.10/kg Beeswax$16.21/kg

Pt: Portugal Óleo de palma preços

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