Latest trade
$19.1BGlobal subsector valueHS4 subsector intelligence
Vegetable oils
HS4 1512 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
+20.2%Latest year on yearExporters
154Active reporting countriesImporters
194Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$19.1B in trade, with +3.2% annualized growth over three years.
Vegetable oils is recorded across 3,548 active corridors, with 154 exporters and 194 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | RussiaRUS | IndiaIND | $1.8B | +82% | 1 | 4,341 km | No |
| 2 | UkraineUKR | IndiaIND | $855.1M | -21.7% | 2 | 4,581 km | No |
| 3 | RussiaRUS | TurkeyTUR | $699.5M | -12.7% | 3 | 1,757 km | No |
| 4 | NetherlandsNLD | BelgiumBEL | $689.0M | +27.2% | 4 | 174 km | Yes |
| 5 | UkraineUKR | SpainESP | $642.9M | +12.9% | 2 | 2,869 km | Yes |
| 6 | RussiaRUS | ChinaCHN | $602.3M | +19.3% | 2 | 6,831 km | No |
| 7 | RussiaRUS | EgyptEGY | $427.5M | +35.6% | 2 | 2,901 km | No |
| 8 | TurkeyTUR | Iran (Islamic Republic of)IRN | $418.7M | +20.8% | 3 | 2,044 km | No |
| 9 | UkraineUKR | TurkeyTUR | $401.6M | +85.1% | 2 | 1,055 km | No |
| 10 | UkraineUKR | NetherlandsNLD | $398.3M | -12.3% | 2 | 1,787 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | UkraineUKR | $5.4B | 138 | 3 |
| 2 | RussiaRUS | $4.2B | 66 | 4 |
| 3 | TurkeyTUR | $1.5B | 165 | 4 |
| 4 | NetherlandsNLD | $1.2B | 108 | 4 |
| 5 | ArgentinaARG | $997.5M | 54 | 4 |
| 6 | HungaryHUN | $810.3M | 57 | 4 |
| 7 | BulgariaBGR | $572.4M | 72 | 4 |
| 8 | FranceFRA | $561.0M | 117 | 4 |
| 9 | KazakhstanKAZ | $376.4M | 21 | 4 |
| 10 | SpainESP | $355.3M | 115 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndiaIND | $3.1B | 32 | 4 |
| 2 | TurkeyTUR | $1.2B | 48 | 4 |
| 3 | SpainESP | $926.1M | 40 | 4 |
| 4 | ChinaCHN | $908.3M | 37 | 4 |
| 5 | ItalyITA | $882.5M | 39 | 4 |
| 6 | BelgiumBEL | $879.1M | 40 | 4 |
| 7 | NetherlandsNLD | $831.3M | 73 | 4 |
| 8 | Iran (Islamic Republic of)IRN | $755.2M | 13 | 3 |
| 9 | EgyptEGY | $642.6M | 22 | 4 |
| 10 | GermanyDEU | $608.8M | 70 | 4 |
HS6 product coverage
The products inside HS4 1512
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownVegetable oils
Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modifiedHS6 151211
Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modifiedHS6 151219
Vegetable oils: cotton-seed oil and its fractions: crude, whether or not gossypol has been removed, not chemically modifiedHS6 151221
Vegetable oils: cotton-seed oil and its fractions, other than crude, whether or not refined, but not chemically modifiedHS6 151229
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.