Answer: Indonesia
Notes: Indonesia is the world’s largest producer and exporter of Palm Oil. At present, the country is facing a palm oil crisis, due to Russia’s invasion of Ukraine. Indonesia requires its exporters to set aside 30 per cent of palm oil products for domestic use, up from the previous 20 per cent, to tackle the shortage. Massive price spikes for food and energy caused by Ukraine War will push over 40 million people into extreme poverty. India, the world's biggest buyer of edible oil, relies on Indonesia for over half of its palm oil imports.
