HS2 sector intelligence

Oil seeds and oleaginous fruits
sector trade overview

A clear view of the oil seeds and oleaginous fruits economy: scale, momentum, market concentration, leading routes, and the products within it.

HS2 121995–2024 coverageStable

Explore the workspace Reported trade intelligence
Refreshed 2026-07-20

The numbers at a glanceLatest reported year · 2024

Latest trade

$135.7BGlobal sector value

Annual change

-0.4%Latest year on year

Exporters

198Active reporting countries

Importers

200Active reporting countries

HS6 products

49Classifications in sector

The sector read

$135.7B in trade, with +0.2% annualized growth over three years.

Oil seeds and oleaginous fruits is recorded across 10,940 active corridors, with 198 exporters and 200 importers in the latest available year.

Market signalStable+6.8% five-year CAGR

Annual trend

Momentum across three decades

Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗

Reported global trade by year.

Top trade corridors

Where this sector moves

The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗

Latest reported relationshipsTop 10 by trade value

Rank	Exporter	Importer	Trade value	Growth	HS6	Distance	FTA
1	BrazilBRA	ChinaCHN	$32.2B	+4.3%	15	18,570 km	No
2	USA, Puerto Rico and US Virgin IslandsUSA	ChinaCHN	$12.4B	-6.9%	30	11,883 km	No
3	CanadaCAN	ChinaCHN	$3.6B	+24.1%	23	11,441 km	No
4	USA, Puerto Rico and US Virgin IslandsUSA	MexicoMEX	$2.9B	-1.5%	39	3,359 km	Yes
5	ParaguayPRY	ArgentinaARG	$2.7B	+6.4%	8	1,034 km	Yes
6	ArgentinaARG	ChinaCHN	$1.8B	-1.8%	10	19,629 km	No
7	USA, Puerto Rico and US Virgin IslandsUSA	JapanJPN	$1.6B	-7.7%	37	10,872 km	No
8	BrazilBRA	ThailandTHA	$1.5B	+2.5%	19	16,409 km	No
9	BrazilBRA	SpainESP	$1.5B	-0.9%	15	8,361 km	No
10	USA, Puerto Rico and US Virgin IslandsUSA	IndonesiaIDN	$1.2B	+2%	22	16,181 km	No

Market structure

Where supply and demand concentrate

Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗

Top exporters2024 ranking

Rank	Country	Exports	Partners	HS6
1	BrazilBRA	$44.6B	156	49
2	USA, Puerto Rico and US Virgin IslandsUSA	$28.9B	176	49
3	CanadaCAN	$7.9B	135	49
4	ChinaCHN	$4.0B	178	49
5	AustraliaAUS	$3.7B	141	48
6	UkraineUKR	$3.7B	106	43
7	ParaguayPRY	$3.4B	101	39
8	ArgentinaARG	$3.3B	119	45
9	NetherlandsNLD	$3.1B	177	49
10	FranceFRA	$2.6B	173	49

Top importers2024 ranking

Rank	Country	Imports	Partners	HS6
1	ChinaCHN	$55.8B	119	49
2	GermanyDEU	$6.7B	148	49
3	JapanJPN	$4.8B	116	47
4	MexicoMEX	$4.8B	64	49
5	NetherlandsNLD	$3.7B	146	49
6	SpainESP	$3.2B	125	49
7	ArgentinaARG	$3.1B	63	45
8	USA, Puerto Rico and US Virgin IslandsUSA	$2.8B	142	49
9	TurkeyTUR	$2.6B	119	49
10	Iran (Islamic Republic of)IRN	$2.4B	50	45

HS6 product coverage

The classifications inside this sector

Explore the six-digit product classifications that make up HS2 12.

63 classifications shownBrowse the product workspace ↗

Soya beans: whether or not brokenHS6 120100

Soya beans: seed, whether or not brokenHS6 120110

Soya beans: other than seed, whether or not brokenHS6 120190

Ground-nuts: in shell, not roasted or otherwise cookedHS6 120210

Ground-nuts: shelled, not roasted or otherwise cooked, whether or not brokenHS6 120220

Ground-nuts: seed, not roasted or otherwise cooked, whether or not shelled or brokenHS6 120230

Ground-nuts: other than seed, not roasted or otherwise cooked, in shellHS6 120241

Ground-nuts: other than seed, not roasted or otherwise cooked, shelled, whether or not broken,HS6 120242

CopraHS6 120300

Oil seeds: linseed, whether or not brokenHS6 120400

Oil seeds: rape or colza seeds, whether or not brokenHS6 120500

Oil seeds: low erucic acid rape or colza seeds, whether or not brokenHS6 120510

Oil seeds: rape or colza seeds, other than low erucic, whether or not brokenHS6 120590

Oil seeds: sunflower seeds, whether or not brokenHS6 120600

Oil seeds: palm nuts and kernels, whether or not brokenHS6 120710

Oil seeds: cotton seeds, whether or not brokenHS6 120720

Oil seeds: cotton seeds, seed, whether or not brokenHS6 120721

Oil seeds: cotton seeds, other than seed, whether or not brokenHS6 120729

Oil seeds: castor oil seeds, whether or not brokenHS6 120730

Oil seeds: sesamum seeds, whether or not brokenHS6 120740

Oil seeds: mustard seeds, whether or not brokenHS6 120750

Oil seeds: safflower (Carthamus tinctorius) seeds, whether or not brokenHS6 120760

Oil seeds: melon seeds, whether or not brokenHS6 120770

Oil seeds: poppy seeds, whether or not brokenHS6 120791

Oleaginous fruits: shea nuts (karite nuts)HS6 120792

Oil seeds and oleaginous fruits: n.e.c. in heading no. 1207, whether or not brokenHS6 120799

Flours and meals: of soya beansHS6 120810

Flours and meals of oil seeds or oleaginous fruits: excluding soya beans and mustard seedsHS6 120890

Seed: sugar beet seed, of a kind used for sowingHS6 120910

Seed: sugar beet seed, of a kind used for sowingHS6 120911

Seed: beet seed, (excluding sugar beet), of a kind used for sowingHS6 120919

Seed: lucerne (alfalfa) seed, of a kind used for sowingHS6 120921

Seeds of forage plants: clover (Trifolium spp.) seeds, of a kind used for sowingHS6 120922

Seeds of forage plants: fescue seeds, of a kind used for sowingHS6 120923

Seed: kentucky blue grass (poa pratensis l.) seed, of a kind used for sowingHS6 120924

Seeds of forage plants: rye grass (Lolium multiflorum Lam., Lolium perenne L.) seeds, of a kind used for sowingHS6 120925

Seed: timothy grass seed, of a kind used for sowingHS6 120926

Seeds of forage plants: other than lucerne, clover, fescue, Kentucky blue grass, and rye grass seeds, of a kind used for sowingHS6 120929

Seed: of herbaceous plants cultivated principally for their flowers, of a kind used for sowingHS6 120930

Seed: vegetable seed, of a kind used for sowingHS6 120991

Seeds: n.e.c. in heading 1209, of a kind used for sowingHS6 120999

Hop cones: neither ground nor powdered nor in the form of pelletsHS6 121010

Hop cones: ground, powdered or in the form of pellets: lupulinHS6 121020

Liquorice roots used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes: fresh or dried, whether or not cut, crushed or powderedHS6 121110

Ginseng roots, used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes: fresh or dried, whether or not cut, crushed or powderedHS6 121120

Coca leaf: used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not crushed or powderedHS6 121130

Poppy straw: used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not crushed or powderedHS6 121140

Ephedra, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powderedHS6 121150

Bark of African cherry (Prunus africana): of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powderedHS6 121160

Plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powderedHS6 121190

Locust beans, including locust bean seeds: of a kind used primarily for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121210

Seaweeds and other algae: of a kind used primarily for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121220

Seaweeds and other algae: fit for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121221

Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121229

Apricot, peach (including nectarine) or plum stones and kernels: of a kind used primarily for human consumptionHS6 121230

Sugar beet: of a kind used primarily for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121291

Locust beans (carob): fit for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121292

Sugar cane: fit for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121293

Chicory roots (Chicorium intybus sativum): fit for human consumption, fresh, chilled, frozen or dried, whether or not groundHS6 121294

Vegetable products (including unroasted chicory roots, chicorium intybus sativum variety): n.e.c. in chapter 12, fresh, chilled, frozen or dried, ground or unground, primarily for human consumptionHS6 121299

Cereal straw and husks: unprepared, whether or not chopped, ground, pressed or in the form of pelletsHS6 121300

Lucerne (alfalfa) meal and pelletsHS6 121410

Forage products including swedes, mangolds, fodder roots, hay, sainfoin, clover, forage kale, lupines, vetches etc., pelletised or otherwiseHS6 121490

Definitions and coverage

Read the numbers with context

Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗

Reported values

Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.

Missing data

A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.

Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.