# Vegetable oils (HS4 1512) Trade Overview | Yugalinks

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Vegetable oils at HS4 1512, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1512

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## Answer

The vegetable oils subsector recorded $19.1B in reported global trade in 2024, with +20.2% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $19.1B |
| Latest annual change | +20.2% |
| Active exporters | 154 |
| Active importers | 194 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.4B | 1,594 | 4 |
| 1996 | $2.2B | 1,611 | 4 |
| 1997 | $2.5B | 1,623 | 4 |
| 1998 | $2.6B | 1,600 | 4 |
| 1999 | $2.2B | 1,743 | 4 |
| 2000 | $1.8B | 2,004 | 4 |
| 2001 | $1.7B | 1,930 | 4 |
| 2002 | $2.0B | 1,941 | 4 |
| 2003 | $2.5B | 1,998 | 4 |
| 2004 | $2.8B | 2,212 | 4 |
| 2005 | $3.0B | 2,204 | 4 |
| 2006 | $3.8B | 2,287 | 4 |
| 2007 | $4.8B | 2,370 | 4 |
| 2008 | $7.6B | 2,495 | 4 |
| 2009 | $6.0B | 2,649 | 4 |
| 2010 | $6.3B | 2,547 | 4 |
| 2011 | $9.4B | 2,698 | 4 |
| 2012 | $11.3B | 2,806 | 4 |
| 2013 | $10.3B | 2,881 | 4 |
| 2014 | $10.3B | 3,092 | 4 |
| 2015 | $8.8B | 3,000 | 4 |
| 2016 | $9.8B | 3,105 | 4 |
| 2017 | $11.1B | 3,167 | 4 |
| 2018 | $10.7B | 3,275 | 4 |
| 2019 | $11.5B | 3,394 | 4 |
| 2020 | $13.5B | 3,408 | 4 |
| 2021 | $17.4B | 3,374 | 4 |
| 2022 | $22.1B | 3,602 | 4 |
| 2023 | $19.3B | 3,717 | 4 |
| 2024 | $19.1B | 3,548 | 4 |

## Leading corridors

- Russia to India: $1.8B; growth +82%.
- Ukraine to India: $855.1M; growth -21.7%.
- Russia to Turkey: $699.5M; growth -12.7%.
- Netherlands to Belgium: $689.0M; growth +27.2%.
- Ukraine to Spain: $642.9M; growth +12.9%.
- Russia to China: $602.3M; growth +19.3%.
- Russia to Egypt: $427.5M; growth +35.6%.
- Turkey to Iran (Islamic Republic of): $418.7M; growth +20.8%.
- Ukraine to Turkey: $401.6M; growth +85.1%.
- Ukraine to Netherlands: $398.3M; growth -12.3%.

## HS6 products

- Vegetable oils: sunflower seed or safflower oil and their fractions, crude, not chemically modified (HS6 151211)
- Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified (HS6 151219)
- Vegetable oils: cotton-seed oil and its fractions: crude, whether or not gossypol has been removed, not chemically modified (HS6 151221)
- Vegetable oils: cotton-seed oil and its fractions, other than crude, whether or not refined, but not chemically modified (HS6 151229)

## 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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## 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.