# Oils of fish (HS4 1504) Trade Overview | Yugalinks

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Oils of fish at HS4 1504, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1504

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## Answer

The oils of fish subsector recorded $4.5B in reported global trade in 2024, with +21.1% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $4.5B |
| Latest annual change | +21.1% |
| Active exporters | 121 |
| Active importers | 177 |
| Active HS6 products | 3 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $442.5M | 935 | 3 |
| 1996 | $437.2M | 966 | 3 |
| 1997 | $451.2M | 976 | 3 |
| 1998 | $375.4M | 949 | 3 |
| 1999 | $336.2M | 1,111 | 3 |
| 2000 | $316.7M | 1,193 | 3 |
| 2001 | $386.6M | 1,139 | 3 |
| 2002 | $415.6M | 1,194 | 3 |
| 2003 | $502.2M | 1,150 | 3 |
| 2004 | $627.3M | 1,260 | 3 |
| 2005 | $677.6M | 1,323 | 3 |
| 2006 | $827.4M | 1,424 | 3 |
| 2007 | $1.1B | 1,510 | 3 |
| 2008 | $1.6B | 1,549 | 3 |
| 2009 | $1.2B | 1,592 | 3 |
| 2010 | $1.3B | 1,691 | 3 |
| 2011 | $1.7B | 1,806 | 3 |
| 2012 | $2.0B | 1,825 | 3 |
| 2013 | $1.9B | 1,807 | 3 |
| 2014 | $1.9B | 1,933 | 3 |
| 2015 | $1.8B | 1,966 | 3 |
| 2016 | $1.8B | 1,946 | 3 |
| 2017 | $1.8B | 1,977 | 3 |
| 2018 | $2.0B | 2,057 | 3 |
| 2019 | $2.0B | 2,006 | 3 |
| 2020 | $2.3B | 2,093 | 3 |
| 2021 | $2.4B | 2,137 | 3 |
| 2022 | $3.0B | 2,178 | 3 |
| 2023 | $4.3B | 2,206 | 3 |
| 2024 | $4.5B | 2,220 | 3 |

## Leading corridors

- Denmark to Norway: $309.1M; growth +35.1%.
- Peru to Norway: $116.4M; growth +3.2%.
- China to Chile: $110.4M; growth +162.7%.
- Iceland to Norway: $105.0M; growth +48.7%.
- Norway to Turkey: $102.3M; growth +30.9%.
- Peru to Chile: $101.3M; growth +46.6%.
- Peru to Canada: $92.3M; growth +5.5%.
- Peru to USA, Puerto Rico and US Virgin Islands: $90.1M; growth +38.9%.
- Australia to China: $78.9M; growth +21.4%.
- China to Australia: $77.7M; growth +152.8%.

## HS6 products

- 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)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Continue your research

- [Explore HS4 1504 in the workspace](https://www.yugalinks.com/app?hs=1504)
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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)

This page presents derived Yugalinks views of reported observations and calculated indicators.