Sixth Largest Palm Oil-Producing Nations – Papua New Guinea
Papua New Guinea (PNG) is one of the top producers of palm oil in Oceania, with an annual production output of around 700,000 tonnes. The country’s tropical climate and favorable soil conditions have made it an ideal location for palm oil production.
- Palm oil came to Papua New Guinea (PNG) in the late 1800s when German rulers brought it.
- Most of the palm oil in PNG comes from places like the West New Britain Province and the Oro Province.
- Palm oil is a big part of PNG’s money, making up about 2% of all the money the country makes.
- Almost all of the palm oil in PNG is made by small farmers, not big companies. This gives money to lots of people in the countryside.
- PNG has more than 50,000 hectares of land just for growing palm trees, and they’re planning to grow even more in the future.
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