palm oil production and processing in imo state in vietnam

   
palm oil production and processing in imo state in vietnam
                                               
                                               
                                               
                                               
  • palm oil production and processing in imo state in vietnam
How much palm oil is produced in Imo?

The production in Imo is comparable with Abia state and Rivers state, while lower to productions in Akwa Ibom and Cross river (>250, 000 Metric tonnes) and higher than Ondo, Edo, Delta, Bayelsa states respectively with productions ranging from 0 to 150,000 Metric tonnes of palm oil.

Where does Vietnam import palm oil?

The main destinations of Vietnam exports on Palm Oil were Cambodia ($104M), Laos ($1.75M), Hong Kong ($106k), South Korea ($99.9k), and Malaysia ($64.6k). In 2022, Vietnam imported $1.14B in Palm Oil, mainly from Indonesia ($764M), Malaysia ($378M), Singapore ($620k), Thailand ($104k), and United States ($15.5k).

How to expand palm oil production in Vietnam?

The investors plan to expand palm oil production in Bac Lieu, Kien Giang by increasing the plantation area by up to 10,000 ha. In Vietnam, vegetable oil is mainly produced from copra, soy bean, peanut and sesame.

Is oil palm a viable commercial crop in Vietnam?

Firstly, detailed and practical research and trials are necessary before oil palm can be cultivated as a viable commercial crop. Secondly, there are already several high value industrial crops occupying extensive areas of land in Vietnam, such as copra, soybean, peanut and sesame.