# Animal and vegetable fats (HS2 15) Sector Trade Overview | Yugalinks

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Animal and vegetable fats at HS2 15, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/15

## Answer

The animal and vegetable fats sector recorded $152.0B in reported global trade in 2024, with +6.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $152.0B |
| Latest annual change | +6.6% |
| Active exporters | 197 |
| Active importers | 200 |
| Active HS6 products | 48 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $23.2B | 4,985 | 48 |
| 1996 | $22.9B | 5,100 | 48 |
| 1997 | $24.1B | 5,195 | 48 |
| 1998 | $25.4B | 5,256 | 48 |
| 1999 | $24.0B | 5,668 | 48 |
| 2000 | $19.9B | 6,333 | 48 |
| 2001 | $19.3B | 6,383 | 48 |
| 2002 | $24.7B | 6,476 | 48 |
| 2003 | $31.4B | 6,679 | 48 |
| 2004 | $37.6B | 6,961 | 48 |
| 2005 | $38.4B | 7,129 | 48 |
| 2006 | $44.7B | 7,297 | 48 |
| 2007 | $59.8B | 7,517 | 48 |
| 2008 | $87.8B | 7,607 | 48 |
| 2009 | $65.0B | 7,835 | 48 |
| 2010 | $78.4B | 7,959 | 48 |
| 2011 | $108.1B | 8,237 | 48 |
| 2012 | $106.6B | 8,590 | 48 |
| 2013 | $98.6B | 8,625 | 48 |
| 2014 | $96.9B | 8,836 | 48 |
| 2015 | $86.1B | 8,871 | 48 |
| 2016 | $87.7B | 9,291 | 48 |
| 2017 | $98.8B | 9,571 | 48 |
| 2018 | $94.5B | 9,700 | 48 |
| 2019 | $89.5B | 9,763 | 48 |
| 2020 | $101.6B | 9,730 | 48 |
| 2021 | $146.4B | 10,036 | 48 |
| 2022 | $175.9B | 10,100 | 48 |
| 2023 | $150.6B | 10,120 | 48 |
| 2024 | $152.0B | 10,039 | 48 |

## Growth and market structure

- Trend: Stable
- Three-year CAGR: +1.3%
- Five-year CAGR: +11.2%
- Historical peak: $175.9B in 2,022
- Positive-growth years: 69%
- Exporter concentration HHI: 1,993.2
- Importer concentration HHI: 1,328.7
- Trade volatility coefficient: 0.6

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | Canada | USA, Puerto Rico and US Virgin Islands | $5.1B | +11.4% | 42 | 556 km | Yes |
| 2 | Indonesia | China | $4.9B | -8.1% | 20 | 4,425 km | Yes |
| 3 | Indonesia | India | $4.0B | +5.1% | 14 | 4,999 km | Yes |
| 4 | Argentina | India | $3.0B | -1.3% | 5 | 15,799 km | No |
| 5 | Malaysia | India | $2.7B | -10.4% | 23 | 3,834 km | Yes |
| 6 | Indonesia | Pakistan | $2.6B | -2.2% | 9 | 5,513 km | No |
| 7 | Russia | India | $2.0B | +90.4% | 2 | 4,341 km | No |
| 8 | Spain | Italy | $2.0B | +17.4% | 41 | 1,366 km | Yes |
| 9 | Indonesia | USA, Puerto Rico and US Virgin Islands | $1.9B | -2.6% | 15 | 16,181 km | No |
| 10 | Russia | China | $1.8B | +24.1% | 20 | 6,831 km | No |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Indonesia | $26.7B | 183 | 47 |
| 2 | Malaysia | $18.3B | 188 | 48 |
| 3 | Spain | $9.5B | 170 | 48 |
| 4 | Argentina | $7.8B | 109 | 48 |
| 5 | Netherlands | $6.7B | 171 | 48 |
| 6 | Russia | $6.2B | 87 | 48 |
| 7 | Ukraine | $6.2B | 144 | 46 |
| 8 | Canada | $5.4B | 120 | 48 |
| 9 | Italy | $4.6B | 174 | 48 |
| 10 | China | $3.9B | 179 | 48 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | USA, Puerto Rico and US Virgin Islands | $16.4B | 145 | 48 |
| 2 | India | $15.2B | 88 | 48 |
| 3 | China | $11.9B | 110 | 48 |
| 4 | Netherlands | $8.5B | 146 | 48 |
| 5 | Italy | $6.2B | 97 | 48 |
| 6 | Spain | $5.8B | 128 | 48 |
| 7 | Germany | $4.9B | 133 | 48 |
| 8 | Belgium | $3.4B | 127 | 48 |
| 9 | France | $3.4B | 148 | 48 |
| 10 | Pakistan | $3.2B | 53 | 43 |

## HS6 products

- Animal fat: pig and poultry fat (including lard), other than that of heading no. 0209 or 1503 (HS6 150100)
- Pig fat: lard, other than that of heading 0209 and 1503 (HS6 150110)
- Pig fat: not lard, other than that of heading 0209 or 1503 (HS6 150120)
- Poultry fat: other than that of heading 0209 or 1503 (HS6 150190)
- Fats of bovine animals, sheep or goats: other than those of heading no. 1503 (HS6 150200)
- Tallow: other than those of heading 1503 (HS6 150210)
- Fats of bovine animals, sheep or goats: excluding tallow, and other than those of heading 1503 (HS6 150290)
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil: not emulsified or mixed or otherwise prepared (HS6 150300)
- Oils of fish: fish-liver oils and their fractions, whether or not refined, but not chemically modified (HS6 150410)
- Fats and oils and their fractions: of fish, (excluding liver-oils) (HS6 150420)
- Fats and oils and their fractions: of marine mammals (HS6 150430)
- Wool grease and fatty substances derived therefrom (including lanolin) (HS6 150500)
- Animal fats and oils: wool grease, crude (HS6 150510)
- Animal fats and oils: wool grease (other than crude) and fatty substances derived therefrom (including lanolin) (HS6 150590)
- Animal fats and oils and their fractions: whether or not refined, but not chemically modified, n.e.c. in chapter 15 (HS6 150600)
- Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified (HS6 150710)
- Vegetable oils: soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 150790)
- Vegetable oils: ground-nut oil and its fractions, crude, not chemically modified (HS6 150810)
- Vegetable oils: ground-nut oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 150890)
- Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified (HS6 150910)
- Vegetable oils: olive oil and its fractions, extra virgin olive oil, whether or not refined, but not chemically modified (HS6 150920)
- Vegetable oils: olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modified (HS6 150930)
- Vegetable oils: olive oil and its fractions, virgin olive oils n.e.c. in heading 1509, whether or not refined, but not chemically modified (HS6 150940)
- Vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified (HS6 150990)
- Vegetable oils: oils and their fractions n.e.s. in chapter 15, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading no. 1509 (HS6 151000)
- Vegetable oils: crude olive pomace oil and their fractions, obtained solely from olives, whether or not refined, but not chemically modified (HS6 151010)
- Vegetable oils: oils and their fractions n.e.c. in heading 1510, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading no. 1509 (HS6 151090)
- Vegetable oils: palm oil and its fractions, crude, not chemically modified (HS6 151110)
- Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151190)
- Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified (HS6 151211)
- Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified (HS6 151219)
- Vegetable oils: cotton-seed oil and its fractions: crude, whether or not gossypol has been removed, not chemically modified (HS6 151221)
- Vegetable oils: cotton-seed oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151229)
- Vegetable oils: coconut (copra) oil and its fractions, crude, not chemically modified (HS6 151311)
- Vegetable oils: coconut (copra) oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151319)
- Vegetable oils: palm kernel or babassu oil and their fractions, crude, not chemically modified (HS6 151321)
- Vegetable oils: palm kernel or babassu oil and their fractions, other than crude, whether or not refined, but not chemically modified (HS6 151329)
- Vegetable oils: rape, colza or mustard oil and their fractions, crude, not chemically modified (HS6 151410)
- Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (HS6 151411)
- Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (HS6 151419)
- Vegetable oils: rape, colza or mustard oil and their fractions, other than crude, whether or not refined, but not chemically modified (HS6 151490)
- Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (HS6 151491)
- Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (HS6 151499)
- Vegetable oils: linseed oil and its fractions, crude, not chemically modified (HS6 151511)
- Vegetable oils: linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151519)
- Vegetable oils: maize (corn) oil and its fractions, crude, not chemically modified (HS6 151521)
- Vegetable oils: maize (corn) oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151529)
- Vegetable oils: castor oil and its fractions, whether or not refined, but not chemically modified (HS6 151530)
- Vegetable oils: tung oil and its fractions, whether or not refined, but not chemically modified (HS6 151540)
- Vegetable oils: sesame oil and its fractions, whether or not refined, but not chemically modified (HS6 151550)
- Vegetable oils: jojoba oil and its fractions, whether or not refined, but not chemically modified (HS6 151560)
- Vegetable fats and oils and their fractions: fixed, n.e.s. in heading no. 1515, whether or not refined, but not chemically modified (HS6 151590)
- Animal fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared (HS6 151610)
- Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared (HS6 151620)
- Microbial fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared (HS6 151630)
- Margarine: excluding liquid margarine (HS6 151710)
- Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516 (HS6 151790)
- Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils (HS6 151800)
- Stearic acid (HS6 151911)
- Oleic acid (HS6 151912)
- Tall oil fatty acids (HS6 151913)
- Industrial monocarboxylic fatty acids n.e.s. in heading no. 1519 (HS6 151919)
- Acid oils from refining (HS6 151920)
- Industrial fatty alcohols (HS6 151930)
- Glycerol, crude: glycerol waters and glycerol lyes (HS6 152000)
- Glycerol (glycerine): crude: glycerol waters and glycerol lyes (HS6 152010)
- Glycerol: n.e.s. in heading no. 1520, including synthetic (HS6 152090)
- Vegetable waxes (other than triglycerides): whether or not refined or coloured (HS6 152110)
- Waxes, other than vegetable, n.e.c. in heading no. 1521: whether or not refined or coloured (HS6 152190)
- Degras: residues resulting from the treatment of fatty substances or animal or vegetable waxes (HS6 152200)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

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