What is the price of palm oil per kilogram/pound in Vietnam today?
The retail price range for Vietnam palm oil is between US$ 0.88 and US$ 1.27 per kilogram or between US$ 0.40 and US$ 0.57 per pound(lb). Click here to see today's exact prices of palm oil in Vietnam
The retail price range in Dong for palm oil is between VND 21,939.75 and VND 31,690.75 per kilogram or between VND 9,950.00 and VND 14,372.22 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2025, the approximate wholesale price range for Vietnam palm oil is between US$ 0.61 and US$ 0.89 per kilogram or between US$ 0.28 and US$ 0.40 per pound(lb).
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Vietnam Palm Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Palm Oil from Vietnam over the last five years has seen a steady decline. In 2013, the price was 1.31 US dollars per kg, dropping to 1.16 US dollars per kg in 2014. This trend continued in 2015, with the price dropping to 1.10 US dollars per kg. In 2016, the price dropped further to 0.88 US dollars per kg, before increasing slightly to 0.95 US dollars per kg in 2017. The price then rose to 1.16 US dollars per kg in 2018, before dropping again to 1.06 US dollars per kg in 2019 and 1.05 US dollars per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Palm Oil from Vietnam will be 0.99 US dollars per kg in 2023 and 0.94 US dollars per kg in 2024.Vietnam Palm Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Palm Oil into Vietnam over the last five years has been relatively stable. In 2016, the price was $0.88, followed by a slight increase to $0.95 in 2017. The price then rose to $1.16 in 2018 before dropping to $1.06 in 2019 and then to $1.05 in 2020. Overall, the import price per kilogram of Palm Oil into Vietnam has seen a slight decrease over the last five years. Based on this trend, it is likely that the import price per kilogram of Palm Oil into Vietnam will remain relatively stable in the next few years, with a predicted price of $1.03 in 2023 and $1.02 in 2024.Export values for Vietnam palm oil
The total values in export for palm oil in Vietnam were US$ 49,202, US$ 46,367, US$ 45,037 and US$ 44,876 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of palm oil in other countries across Asia: Kazakhstan palm oil, Kyrgyzstan palm oil, Tajikistan palm oil, Turkmenistan palm oil, Uzbekistan palm oil, China palm oil, Hong Kong palm oil, Macao palm oil, North Korea palm oil & Mongolia palm oil.
Vietnam palm oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 42,236 tonnes of palm oil. For the year 2019 alone, the market for Vietnam palm oil (processed category) has climbed, recording a change of 8.94 % compared to the year 2018. Between 2017 and 2019, palm oil's exports reduced by -13.35% bringing the nation US$44.88m for the year 2019. Vietnam's palm oil exports are categorised as:
- Palm kernel and babassu oil and their fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151329)
- Crude palm kernel and babassu oil (HS code 151321)
- Crude palm oil (HS code 151110)
- Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) (HS code 151190)
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Vietnam palm oil export values
In 2019, Vietnam supplied palm oil worth 44.88m USD, a decrease of -0.35% from 2018's total palm oil export of 45.037m USD. The yearly change in value of Vietnam palm oil between 2017 to 2018 was -2.868 per cent.
The per year change in the quantity of Vietnam's palm oil exports between 2017 and 2019 was -13.35 per cent in comparison to a variation of 8.94% in the period between 2018 and 2019.
Vietnam's stake of the world's total palm oil's exports in 2019 was less than 1%. Vietnam is ranked number 23 in world exports of palm oil.
Export markets for Vietnam palm oil ( in '000$ )
Vietnam bought 672,947 tonnes of palm oil in 2019.