Taxonomically it belongs to the subfamily Coryphoideae, tribe Corypheae, subtribe Livistoninae.
It is the source of carnauba wax, which is harvested from the coating on the leaves of the tree. The fruit and pith are eaten, the leaves are variously employed and the wood is used in building.
It withstands drought excellently. A slight saline composition in the soil produces the best trees.
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