HS6 Product Import Market

KOR imports of Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified (HS 150710)

A complete buyer-market view for HS 150710, covering reported demand, import growth, supplier countries, market concentration, trade routes, and historical context.

Importer KORHS6 150710Latest year 2024

Latest imports

$262.7MReported value

Three-year growth

-16.9%Annualized change

Supplier countries

18Latest reported count

Market concentration

4820.92HHI indicator

Market evidence

How large is the KOR HS 150710 market?

This profile combines the buyer market's reported size and growth with supplier and route observations for Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified.

Measure	Reported value	What it indicates
Latest imports	$262.7M	Import value in the latest available year
Three-year annualized growth	-16.9%	Change in reported import value
Three-year average imports	$364.8M	Average reported annual import value
Supplier countries	18	Distinct suppliers reported in the latest period
Market concentration	4820.92	HHI indicator based on supplier shares
Demand momentum	Stable demand	Direction reported for this market

Supplier evidence

Who supplies KOR?

Leading supplier routes for this product and importing country, ranked by latest reported trade value.

Supplier	Route trade	Three-year growth	Market share	Trend	Attention
ARG	$169.0M	-1.7%	64.4%	Stable	High attention
VNM	$65.1M	-1.9%	24.8%	Stable	High attention
USA	$20.7M	-53.3%	7.9%	Rapid decline	Critical attention

Market reading

What does this buyer market show?

KOR reported imports of vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified at $262.7M in the latest available observation, with three-year annualized change of -16.9%.

How to use this view

Compare supplier scale, market share, and growth together. A large supplier is not automatically a growing supplier, and a growing market does not guarantee commercial access.

Interpretation

How to assess this buyer market

Start with the size of reported imports, then compare the pace of change with supplier breadth. A concentrated market may be harder to enter but can reveal established supply relationships; a broad supplier base may offer more room for differentiated positioning.

Compare the route, not only the country

Supplier totals describe the market at country level. Route evidence can reveal which exporter-to-importer relationships account for the observed value and where supplier activity is changing.

Product classification

What does HS 150710 include?

HS 150710 covers Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified. This page describes the six-digit Harmonized System classification and reported merchandise imports, not company-level sales or individual shipments.

The classification belongs to HS chapter 15 and heading 1507. Use the code when comparing this market with related product classifications.

How to interpret this market

Compare demand, suppliers, and routes together

KOR's reported imports of vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified show the size of the buyer market. Supplier breadth and concentration add context, while route-level observations show which exporter-to-importer relationships account for the reported value.

A growing market does not guarantee commercial access, and a large supplier is not automatically the fastest-growing supplier. Read the current value together with the historical coverage, supplier share, and trend indicators.

Source and date

Reported merchandise-trade observations for HS6 150710. Coverage shown on this page: 1995-2024.

Definitions

Market share and growth are calculated from reported values where available. “Not reported” means the value was unavailable for this view.

Read the methodology before comparing markets.