India is importing more crude palm oil from Thailand : Reports
India has always been the crucial importer of palm oil. India makes tremendous amounts of palm oil imports in order to fulfil the cooking needs of its enormous population. Over the years, India's most of the palm oil shipments had come from Indonesia and Malaysia. Indonesia is the leading exporter and producer of palm oil in the world followed by Malaysia, Guatemala, Colombia and Papua New Guinea. Ever since the ban on palm oil imposed by Indonesia and Malaysia, the global market is facing the problems in getting the supply of edible oils. India is looking for other sources to fulfil its palm oil needs. Thailand has emerged as the crucial crude palm oil exporter to India. According to the India import export data reports, Thailand had over 15% share of palm oil exports to India. It keeps on increasing as it rises from 1.5% in 2020 to 11.5% in 2021. Although Indonesia and Malaysia remained major crude oil exporters to India but the share of Thailand crude oil exports to Ind...