HS4 subsector intelligence

Vegetable oils
HS4 1509 trade overview

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

HS4 15091995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$15.9BGlobal subsector value
02

Annual change

+29.7%Latest year on year
03

Exporters

159Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$15.9B in trade, with +22.8% annualized growth over three years.

Vegetable oils is recorded across 3,988 active corridors, with 159 exporters and 200 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: $2.3B1996: $3.0B1997: $2.8B1998: $2.2B1999: $2.6B2000: $2.1B2001: $2.2B2002: $2.5B2003: $3.3B2004: $4.4B2005: $5.0B2006: $5.9B2007: $5.8B2008: $6.1B2009: $5.0B2010: $5.3B2011: $5.8B2012: $5.6B2013: $6.8B2014: $7.0B2015: $7.4B2016: $7.4B2017: $8.2B2018: $8.5B2019: $7.1B2020: $7.6B2021: $8.6B2022: $10.2B2023: $12.1B2024: $15.9B
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
1SpainESPItalyITA$1.7B+15.4%21,366 kmYes
2SpainESPUSA, Puerto Rico and US Virgin IslandsUSA$1.1B+33%25,782 kmNo
3ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$1.0B+25.8%26,907 kmNo
4PortugalPRTSpainESP$770.7M+40.4%2504 kmYes
5SpainESPFranceFRA$661.6M+25.2%21,053 kmYes
6SpainESPPortugalPRT$563.7M+8.5%2504 kmYes
7GreeceGRCItalyITA$529.4M+10.8%21,057 kmYes
8PortugalPRTBrazilBRA$466.9M+19.2%27,924 kmNo
9TunisiaTUNSpainESP$429.8M+36.8%21,270 kmYes
10ItalyITAGermanyDEU$417.9M+22.7%21,184 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
1SpainESP$6.8B1652
2ItalyITA$3.1B1662
3PortugalPRT$1.6B1062
4TunisiaTUN$1.4B912
5GreeceGRC$999.4M1152
6TurkeyTUR$630.2M1452
7Syrian Arab RepublicSYR$285.6M362
8ArgentinaARG$234.7M362
9ChileCHL$126.5M392
10FranceFRA$104.3M1402
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$3.0B682
2ItalyITA$2.9B462
3SpainESP$1.6B662
4FranceFRA$982.2M692
5BrazilBRA$768.1M192
6GermanyDEU$745.9M652
7PortugalPRT$620.6M372
8United KingdomGBR$524.8M572
9JapanJPN$415.1M392
10CanadaCAN$401.6M692

HS6 product coverage

The products inside HS4 1509

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

5 classifications shownVegetable oils
01
Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modifiedHS6 150910
02
Vegetable oils: olive oil and its fractions, extra virgin olive oil, whether or not refined, but not chemically modifiedHS6 150920
03
Vegetable oils: olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modifiedHS6 150930
04
Vegetable oils: olive oil and its fractions, virgin olive oils n.e.c. in heading 1509, whether or not refined, but not chemically modifiedHS6 150940
05
Vegetable oils: olive oil and its fractions, other than virgin, whether or not refined, but not chemically modifiedHS6 150990

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.