Fifth Largest Palm Oil-Producing Nations – Nigeria
Nigeria is the largest palm oil-producing nation in Africa and the fifth-largest in the world, with an annual production output of approximately 1 million tonnes. The country’s tropical climate and vast land area make it an ideal location for growing oil palm trees.
- Palm oil has been super important for Nigeria for a long time.
- When Nigeria was ruled by the British, they saw how much palm oil Nigeria could make and made big farms.
- In the 1950s, Nigeria made more palm oil than any other country and sold it all over the world.
- Palm oil is a big part of Nigeria’s money. About 5% of all the money Nigeria makes comes from palm oil.
- Nigeria is good at making palm oil because the weather and soil are just right, the trees make a lot of oil, the government helps, lots of people want it, and Nigerians are good at starting businesses.
Highest Palm Oil-Producing Countries 2024: List of Top 10
Top 10 Palm Oil-Producing Nations: The top palm oil-producing countries are Indonesia (produced 56% of the total production of the World in 2023), Malaysia, Thailand, Colombia, Nigeria, Papua New Guinea, Honduras, Guatemala, Côte d’Ivoire (Ivory Coast), and Brazil. Palm oil is one of the most versatile and widely used vegetable oils in the world. It is estimated that over 50% of the products found in supermarkets contain palm oil, from food items such as cooking oil, margarine, and chocolate to non-food items like cosmetics, soaps, and even biofuels. With its increasing demand and diverse uses, it is no surprise that palm oil production has become a significant industry for many countries.
In this article, we will take a closer look at the top 10 palm oil-producing nations in the world, their contribution to global palm oil production, and the growing concerns surrounding this industry.
Table of Content
- List of Top 10 Highest Palm Oil-Producing Nations
- Largest Palm Oil-Producing Nations – Indonesia
- Second Largest Palm Oil-Producing Nations – Malaysia
- Third Largest Palm Oil-Producing Nations – Thailand
- Fourth Largest Palm Oil-Producing Nations – Colombia
- Fifth Largest Palm Oil-Producing Nations – Nigeria
- Sixth Largest Palm Oil-Producing Nations – Papua New Guinea
- Seventh Largest Palm Oil-Producing Nations – Ecuador
- Eighth Largest Palm Oil-Producing Nations – Honduras
- Ninth Largest Palm Oil-Producing Nations – Côte d’Ivoire (Ivory Coast)
- Tenth Largest Palm Oil-Producing Nations – Brazil
- FAQs on Highest Palm Oil-Producing Nations