2025 Apr Colombia Palm oil (HS1511) Export Snapshot: Surge & Dip

April Trend: Colombia Palm oil Export

Palm oil, classified under HS Code 1511 (Palm oil and its fractions, whether or not refined, but not chemically modified), saw exports surge in April, with value jumping 73.49% MoM to $114.50M and volume up 81.45% to 96.92M kg. This growth came despite a 4.39% drop in unit price to $1.18/kg, marking the second consecutive monthly decline. The sharp rise in volume suggests heightened demand or preemptive shipments ahead of the US's 10% tariff on Colombian exports, effective April 5. The tariff may have accelerated shipments to avoid higher costs, driving the record monthly volume. Colombia's palm oil trade remains volatile, with prices down 7.1% since February.

Table: Colombia Palm Oil Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Mexico dominates Colombia's palm oil exports, accounting for 60.3% of volume but only 57.6% of value, signaling a bulk hub role where raw materials are prioritized over premium products. The Dominican Republic and Spain follow with similar volume-value alignment, reinforcing a cost-driven export structure. Notably, Cuba shows a slight value premium (4.4% value vs. 3.1% weight), hinting at niche demand for higher-grade oil. The supply chain is volume-optimized, with Mexico acting as the primary throughput channel, suggesting logistical efficiency over margin maximization.

Table: Colombia Palm Oil (HS Code 1511) Top Destination Countries (Source: yTrade)

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Colombia HS Code 1511 Breakdown & Value Logic

yTrade data reveals crude palm oil (HS 1511100000) dominates Colombia's April 2025 exports, capturing 91% of value and 94% of volume under HS Code 1511, dwarfing refined variants (HS 1511900000). The sheer volume-to-value ratio confirms Colombia’s HS Code 1511 Export is a bulk-driven, low-margin game, with crude oil’s commoditized pricing outweighing niche demand for processed fractions. This reflects a market anchored in cost efficiency over premiumization, typical of commodity exporters.

Table: Colombia (HS Code 1511) Breakdown Details (Source: yTrade)

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Colombia Palm Oil Buyers List

Table: Colombia Palm Oil (HS Code 1511) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Colombia Palm oil Export perform in April?

Colombia's palm oil exports surged 73.5% month-on-month to $114.5M in April, with shipment volumes up 81.5% to 96.92M kg. Unit prices dipped 4.4% to $1.18/kg.

What are the top Export partners for Colombia Palm oil?

Mexico ($46.57M), Dominican Republic ($13.43M), and Spain ($10.71M) were the top destinations in April.

Who are the major Palm oil Buyers?

Key buyers included Caribbean Eco Soaps ($13.12M), Industrializadora Oleofinos ($12.96M), and Cargill de México ($11.80M).

What is the specific HS Code for this trade?

The data covers HS Code 1511, with significant activity in crude palm oil (HS 151110****), accounting for $104.29M of exports.