2025 May Colombia Palm oil (HS 1511) Export Snapshot: Vol Dip

May 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 decline in May, with value dropping 15.75% MoM to $96.46M and volume falling 14.84% to 82.53M kg. Unit prices dipped slightly to $1.17/kg, down 1.07% from April. The pullback follows a sharp surge in March and April, when volumes jumped over 80% MoM amid declining prices. No direct news events explain the May contraction, suggesting a market correction after earlier highs. Colombia’s palm oil exports remain volatile, with price trends softening 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 with 25.45% weight share and 23.99% value share, indicating a balanced trade flow without significant premium or bulk bias—suggesting stable, mid-tier demand. However, Cuba stands out with a value-volume gap: 13.55% value share vs. 9.92% weight share, signaling premium demand for higher-grade palm oil. The US, despite minimal volume (1.98% weight), captures 2.62% value, hinting at niche, high-value segments. The structure reveals a dual strategy: bulk efficiency (Mexico, Spain) and selective premiumization (Cuba, US). Supply chains prioritize cost-optimized bulk routes while carving out high-margin niches.

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 exports, capturing 85.5% of volume and 80.6% of value, dwarfing refined variants (HS 1511900000) at just 14.5% volume share. The stark volume-value alignment confirms Colombia’s HS Code 1511 Export is a bulk-driven market, prioritizing low-cost crude oil over premium processed fractions—likely catering to price-sensitive buyers in industrial or food manufacturing sectors. The absence of unit price data suggests commoditized trading, reinforcing volume over margin. This is a classic volume play, not a value shift.

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 May?

Colombia's palm oil exports dropped 15.75% month-on-month to $96.46M in May, with volumes down 14.84% to 82.53M kg.

What are the top Export partners for Colombia Palm oil?

Mexico ($13.09M), Spain ($8.81M), and Cuba ($7.39M) were the top destinations.

Who are the major Palm oil Buyers?

Caribbean Eco Soaps ($15.03M), Marvesa Oils and Fats BV ($9.80M), and Pasternak, Baum and Co Inc ($5.88M) led buyer activity.

What is the specific HS Code for this trade?

The data covers HS Code 1511, with significant activity in crude palm oil (HS 151110****, $77.71M).