Palm oil million metric tonnes. In 2012, Malaysia, the world's second largest producer of palm oil, produced 18.79 million tonnes of crude palm oil on roughly of land. Though Indonesia produces more palm oil, Malaysia is the world's largest exporter of palm oil having exported 18 million tonnes of palm oil products in 2011. China, Pakistan, the European Union, India and the United States are the primary importers of Malaysian palm oil products. As of 2011, Nigeria was the third-largest producer, with approximately under cultivation. Until 1934, Nigeria had been the world's largest producer. Both small- and large-scale producers participated in the
Indonesia Commodity and Derivatives Exchange facilitates services clients’ transactions overing ICDX products. Trading in ICDX will be settled, guarantee and cleared by Indonesia Clearing House (ICH). ICDX membership consists of traders, brokerage firms, and foreign traders (remote members). All members have an option as the Exchange clearing members. ICDX offers a wide range of commodity products which includes the three major groups of commodities: Metals, Soft Agricultural Products, and Energy. More products will be added to ICDX’s growing list of products in phases. Indonesia ICDX has launched: - Delivery - Non delivery ICDX Indonesia Commodity and Derivatives Exchange Indonesia Commodity and Derivatives Exchange (ICDX) ()