# Soya-Bean Oil And Its Fractions buyer markets and demand | HS...

India is the largest reported buyer market in this view, with imports of $3.9B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| India | $3.9B | +13% | 21 | Argentina |
| Bangladesh | $632.0M | +10.7% | 4 | Argentina |
| Morocco | $603.8M | +10.9% | 12 | Spain |
| China | $514.3M | -0.2% | 12 | Argentina |
| Algeria | $468.1M | -4.5% | 9 | Turkey |
| Peru | $393.7M | +3.9% | 8 | Argentina |
| Iran | $347.9M | +12.4% | 7 | Switzerland, Liechtenstein |
| Republic of Korea | $262.7M | +0.9% | 18 | Argentina |
| Colombia | $258.2M | +5.6% | 4 | Bolivia |
| Poland | $233.3M | +14.2% | 15 | Ukraine |
| Spain | $187.7M | +18.8% | 17 | Argentina |
| Dominican Republic | $185.9M | +9% | 9 | Argentina |
| Zimbabwe | $177.2M | +32.5% | 7 | Mozambique |
| Pakistan | $155.3M | +13.5% | 6 | Argentina |
| Egypt | $109.3M | -8.1% | 6 | Russia |
| Nepal | $104.7M | +18.4% | 13 | Argentina |
| Mozambique | $103.4M | +3.1% | 6 | Argentina |
| Germany | $102.9M | +14% | 31 | Netherlands |
| Netherlands | $99.0M | +10.1% | 52 | Spain |
| Ecuador | $97.6M | +3.4% | 2 | Bolivia |
| Venezuela | $91.4M | +47.4% | 5 | USA |
| Brazil | $83.7M | +22.7% | 6 | Paraguay |
| Guatemala | $82.1M | +3.7% | 10 | Argentina |
| Zambia | $81.2M | +42% | 7 | South Africa |
| Belgium | $66.9M | +16.1% | 20 | Netherlands |
| United Kingdom | $66.5M | -5.6% | 21 | Netherlands |
| Malaysia | $66.5M | +2% | 17 | Argentina |
| Italy | $64.2M | +75.1% | 19 | Spain |
| USA | $63.4M | +45.1% | 17 | Mexico |
| Mexico | $59.3M | +12.4% | 48 | Argentina |
| Argentina | $55.0M | +2.5% | 4 | Paraguay |
| Viet Nam | $54.8M | +9% | 6 | Thailand |
| Angola | $54.8M | +46.7% | 12 | Argentina |
| Russia | $54.5M | +12.4% | 4 | Belarus |
| Tunisia | $44.1M | -11.2% | 8 | Italy |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| India | 2023 | $3.5B | $1,057.43 |
| China | 2023 | $718.1M | $1,137.73 |
| Bangladesh | 2023 | $693.6M | $1,061.47 |
| Morocco | 2023 | $550.5M | $1,162.26 |
| Algeria | 2023 | $547.1M | $1,028.57 |
| Peru | 2023 | $477.2M | $1,068.45 |
| Republic of Korea | 2023 | $311.8M | $981.74 |
| Egypt | 2023 | $311.6M | $1,121.32 |
| Colombia | 2023 | $264.8M | $1,232.82 |
| Zimbabwe | 2023 | $209.5M | $1,341.91 |
| Poland | 2023 | $197.9M | $851.61 |
| Pakistan | 2023 | $187.3M | $1,089.25 |
| Mozambique | 2023 | $162.6M | $883.78 |
| Netherlands | 2023 | $153.4M | $1,179.61 |
| Dominican Republic | 2023 | $146.2M | $1,024.45 |
| Mexico | 2023 | $143.5M | $1,058.39 |
| Ecuador | 2023 | $139.6M | $953.09 |
| Spain | 2023 | $138.5M | $916.97 |
| Germany | 2023 | $115.5M | $1,085.43 |
| Italy | 2023 | $103.9M | $1,139.35 |

_Source: reported merchandise trade data. Updated 2026-08-14._