At the same year, Palm oil, crude was the 166th most imported product in Pakistan. Pakistan imports Palm oil, crude primarily from: Malaysia ($46.4M) and Indonesia ($18M). For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
Is Pakistan a palm oil producer?
KARACHI: Pakistan’s southeastern Sindh province has successfully completed a pilot oil palm cultivation and extraction project, putting the country on the list of palm oil producers. An oil extraction facility at the site of the pilot oil palm plantation in the province’s southern Thatta district produced its first oil last week.
Should Pakistan replace refined palm oil with crude oil?
Pakistan can save a tremendous amount of import bills if it replaces refined palm oil with crude oil as Pakistan is currently capable of refining 1.5 million tons of crude oil annually. Malaysia has 8 percent export duty while Indonesia has 14 percent export duty on crude oil.
Why is palm oil a natural and economic choice for Pakistan?
Amid rising demands of edible oil and stunted local production, palm oil is a natural and economic choice for Pakistan due to its affordability, accessibility, and availability.