# HS 847920 For The Extraction Or Preparation Of global trade...

Reported global trade in for the extraction or preparation of animal or fixed vegetable fats or oils reached $1.1B in 2024, with five-year annual growth of +6.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $854.0M | -6.6% | +12.7% |
| 2014 | $853.7M | -0% | +7% |
| 2015 | $714.2M | -16.3% | -7.9% |
| 2016 | $676.2M | -5.3% | -7.5% |
| 2017 | $739.9M | +9.4% | -4.7% |
| 2018 | $673.2M | -9% | -2% |
| 2019 | $803.2M | +19.3% | +5.9% |
| 2020 | $688.6M | -14.3% | -2.4% |
| 2021 | $738.1M | +7.2% | +3.1% |
| 2022 | $1.0B | +39.6% | +8.6% |
| 2023 | $1.1B | +5.1% | +16.3% |
| 2024 | $1.1B | +3.4% | +14.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Indonesia | $292.8M | +16% | 29 |
| Russia | $81.7M | +20% | 10 |
| Nigeria | $39.0M | +8.3% | 21 |
| Turkey | $38.8M | +55.1% | 34 |
| USA | $38.1M | +11.1% | 31 |
| Canada | $32.3M | +43.2% | 23 |
| Angola | $23.9M | -6.1% | 15 |
| Bulgaria | $20.7M | +49% | 21 |
| Mexico | $19.0M | +15.7% | 64 |
| Tunisia | $17.2M | +20.8% | 19 |
| United Rep. of Tanzania | $16.8M | +60.7% | 14 |
| Belgium | $15.5M | +28.9% | 21 |

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