HS4 subsector intelligence

Vegetable oils
HS4 1508 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 15081995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$688.8MGlobal subsector value
02

Annual change

-2.1%Latest year on year
03

Exporters

118Active reporting countries
04

Importers

182Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$688.8M in trade, with -2% annualized growth over three years.

Vegetable oils is recorded across 1,251 active corridors, with 118 exporters and 182 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $225.1M1996: $196.7M1997: $171.9M1998: $180.0M1999: $192.1M2000: $188.3M2001: $184.9M2002: $182.9M2003: $261.6M2004: $269.5M2005: $245.3M2006: $260.3M2007: $283.9M2008: $377.8M2009: $297.0M2010: $326.6M2011: $381.0M2012: $426.8M2013: $355.7M2014: $326.9M2015: $367.8M2016: $476.0M2017: $402.3M2018: $396.7M2019: $433.6M2020: $652.0M2021: $732.2M2022: $722.7M2023: $690.3M2024: $688.8M
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1IndiaINDChinaCHN$324.3M+6.1%14,252 kmNo
2BrazilBRAChinaCHN$49.0M-18.9%218,570 kmNo
3ArgentinaARGUSA, Puerto Rico and US Virgin IslandsUSA$38.9M+4.2%18,492 kmNo
4BrazilBRAItalyITA$29.4M-5.8%29,457 kmNo
5ArgentinaARGChinaCHN$24.9M-14.5%119,629 kmNo
6ChinaCHNChina, Hong Kong Special Administrative RegionHKG$15.8M-6.2%21,226 kmYes
7NicaraguaNICUSA, Puerto Rico and US Virgin IslandsUSA$11.0M+26.4%13,387 kmYes
8BrazilBRANetherlandsNLD$10.7M+252.8%29,782 kmNo
9NicaraguaNICItalyITA$10.4M-12.7%19,829 kmYes
10USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$9.6M+16.8%2556 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndiaIND$338.2M882
2BrazilBRA$98.9M442
3ArgentinaARG$83.9M242
4NicaraguaNIC$30.3M52
5BelgiumBEL$27.0M632
6ChinaCHN$22.5M672
7USA, Puerto Rico and US Virgin IslandsUSA$16.1M732
8NetherlandsNLD$13.5M482
9ItalyITA$7.7M662
10SenegalSEN$7.4M112
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$413.1M212
2USA, Puerto Rico and US Virgin IslandsUSA$69.4M272
3ItalyITA$44.9M182
4NetherlandsNLD$27.0M522
5China, Hong Kong Special Administrative RegionHKG$22.2M132
6FranceFRA$18.6M262
7CanadaCAN$12.0M302
8BelgiumBEL$11.6M182
9United KingdomGBR$11.0M242
10GermanyDEU$9.1M352

HS6 product coverage

The products inside HS4 1508

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownVegetable oils
01
Vegetable oils: ground-nut oil and its fractions, crude, not chemically modifiedHS6 150810
02
Vegetable oils: ground-nut oil and its fractions, other than crude, whether or not refined, but not chemically modifiedHS6 150890

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

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

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.