EU palm oil imports to the EU from Indonesia declined in the first month of MY 2024/25

According to the analytical agency SunSirs, the volume of palm oil imports to the EU declined in the first month of MY 2024/2025, mainly due to lower imports from Indonesia. The European Union purchased 53,000 tons of palm oil from Indonesia, down from last year’s 89,000 tons.

At the end of the first month of fiscal year 2024/2025, the European Union imported 59 thousand tons of palm oil from Malaysia, accounting for 40.3% of total EU imports and higher than the same period last year (57 thousand tons and 19.8% respectively).

The second largest supplier is Indonesia, whose share of imports from Indonesia increased from 31.1% to 35.9% in volume terms.

From 2024 to 2025, the EU exported 150 thousand tons of palm oil, which is 49% less than in the previous year.

Tags: palm oil, Indonesia, EU