Palm Oil in South Africa OEC The Observatory
Overview In January 2023 South Africa's Palm Oil exports accounted up to ZAR23.2M and imports accounted up to ZAR212M, resulting in a negative trade balance of ZAR189M.
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Wilmar is one of the world largest oil palm plantation owners with a total planted area of 231,697 hectares (ha) as at 31 December 2022, of which about 65% is in Indonesia, 26% in East Malaysia and 9% in Africa.
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How Africa is bearing the brunt of palm oil's perfect storm
African nations imported nearly 8 million tonnes of palm oil in 2020, according to the FAO, the latest year for which data is available. Nigeria, the continent's biggest importer, shipped in over
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