HS4 subsector intelligence

Vegetable oils
HS4 1510 trade overview

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

HS4 15101995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$909.2MGlobal subsector value
02

Annual change

+16.6%Latest year on year
03

Exporters

117Active reporting countries
04

Importers

184Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$909.2M in trade, with +24.7% annualized growth over three years.

Vegetable oils is recorded across 1,372 active corridors, with 117 exporters and 184 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: $131.7M1996: $173.8M1997: $99.5M1998: $75.1M1999: $120.9M2000: $103.4M2001: $84.9M2002: $94.2M2003: $120.3M2004: $157.2M2005: $220.9M2006: $285.2M2007: $254.1M2008: $308.1M2009: $264.1M2010: $253.8M2011: $293.8M2012: $306.6M2013: $379.0M2014: $368.4M2015: $397.0M2016: $401.9M2017: $506.7M2018: $587.2M2019: $361.3M2020: $330.3M2021: $468.7M2022: $632.6M2023: $779.9M2024: $909.2M
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$77.1M+34.2%11,366 kmYes
2SpainESPUSA, Puerto Rico and US Virgin IslandsUSA$67.9M+49.5%15,782 kmNo
3PortugalPRTSpainESP$60.6M+54.3%1504 kmYes
4SpainESPPortugalPRT$43.2M+22.2%1504 kmYes
5TunisiaTUNSpainESP$41.6M+58.4%11,270 kmYes
6ItalyITASpainESP$37.6M+27.4%11,366 kmYes
7GreeceGRCItalyITA$37.5M+22.5%11,057 kmYes
8SpainESPMexicoMEX$33.6M+45.7%19,078 kmYes
9GreeceGRCSpainESP$33.5M+48.1%12,378 kmYes
10TurkeyTURUSA, Puerto Rico and US Virgin IslandsUSA$23.4M+110.6%18,087 kmNo

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$451.5M1261
2ItalyITA$153.4M1261
3GreeceGRC$86.1M601
4PortugalPRT$66.9M411
5TurkeyTUR$55.1M841
6TunisiaTUN$46.8M331
7MoroccoMAR$15.4M71
8United Arab EmiratesARE$7.4M431
9GermanyDEU$3.7M381
10BelgiumBEL$3.7M141
Top importers2024 ranking
RankCountryImportsPartnersHS6
1SpainESP$189.9M221
2ItalyITA$117.2M221
3USA, Puerto Rico and US Virgin IslandsUSA$108.8M211
4PortugalPRT$43.2M71
5MexicoMEX$36.4M471
6Saudi ArabiaSAU$33.1M131
7United Arab EmiratesARE$23.2M161
8United KingdomGBR$22.8M241
9GermanyDEU$21.5M301
10Republic of KoreaKOR$16.7M251

HS6 product coverage

The products inside HS4 1510

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

3 classifications shownVegetable oils
01
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. 1509HS6 151000
02
Vegetable oils: crude olive pomace oil and their fractions, obtained solely from olives, whether or not refined, but not chemically modifiedHS6 151010
03
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. 1509HS6 151090

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.