News
Colombia is Latin America’s largest producer of palm oil, with nearly 450,000 hectares (1.1 million acres) of oil palm plantations in 2020, with another 100,000 immature plantings that will expand production by about 20 per cent over the next few years. The sector generated approximately $US 5 billion in gross revenues in 2019 and contributes about 150,000 jobs to the national economy. Colombia has a relatively diversified producer sector, and most of the industrial producers actively support independent and smallholder producers. The sector is self-organized via the Federación Nacional de Cultivadores de Palma de Aceite (FEDEPALMA) and its highly competent research and extension service, Corporación Centro de Investigación en Palma de Aceite (CENIPALMA).