How Indonesia, Malaysia, Thailand, and Colombia overtook Nigeria in palm oil production

Nigeria was once a global leader in palm oil production, but it has been overtaken by Malaysia, Indonesia, Thailand, and Colombia.

Indonesia, in particular, has seen a 34,018% increase in production since 1961, reaching 49.7 million tonnes by 2021.

Source:

Food and Agriculture Organization of the United Nations

Period:

1961 - 2021
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Cocoa led Nigeria’s agricultural exports by value in Q1 2025, with over ₦1.2B
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