# Vegetable oils (HS4 1514) Trade Overview | Yugalinks

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Vegetable oils at HS4 1514, with reported global trade through 2024.

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## Answer

The vegetable oils subsector recorded $12.1B in reported global trade in 2024, with -14.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $12.1B |
| Latest annual change | -14.5% |
| Active exporters | 120 |
| Active importers | 193 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $1.6B | 857 | 4 |
| 1996 | $1.5B | 931 | 4 |
| 1997 | $1.6B | 923 | 4 |
| 1998 | $1.8B | 924 | 4 |
| 1999 | $1.5B | 1,011 | 4 |
| 2000 | $1.2B | 1,114 | 4 |
| 2001 | $1.2B | 1,066 | 4 |
| 2002 | $1.5B | 1,021 | 4 |
| 2003 | $1.6B | 1,031 | 4 |
| 2004 | $2.1B | 1,118 | 4 |
| 2005 | $2.2B | 1,225 | 4 |
| 2006 | $3.2B | 1,235 | 4 |
| 2007 | $4.0B | 1,331 | 4 |
| 2008 | $6.3B | 1,428 | 4 |
| 2009 | $4.7B | 1,523 | 4 |
| 2010 | $5.6B | 1,491 | 4 |
| 2011 | $8.2B | 1,597 | 4 |
| 2012 | $8.4B | 1,703 | 4 |
| 2013 | $8.5B | 1,756 | 4 |
| 2014 | $7.2B | 1,856 | 4 |
| 2015 | $6.1B | 1,923 | 4 |
| 2016 | $6.6B | 1,966 | 4 |
| 2017 | $6.5B | 1,992 | 4 |
| 2018 | $6.6B | 2,060 | 4 |
| 2019 | $6.8B | 2,092 | 4 |
| 2020 | $7.8B | 2,034 | 4 |
| 2021 | $12.4B | 2,168 | 4 |
| 2022 | $14.1B | 2,262 | 4 |
| 2023 | $14.2B | 2,320 | 4 |
| 2024 | $12.1B | 2,331 | 4 |

## Leading corridors

- Canada to USA, Puerto Rico and US Virgin Islands: $4.2B; growth +13.8%.
- Russia to China: $1.0B; growth +38.3%.
- Germany to Netherlands: $774.9M; growth -5.6%.
- United Arab Emirates to China: $301.3M; growth -5.4%.
- France to Belgium: $227.6M; growth -12.7%.
- Belarus to China: $222.7M; growth +83%.
- Netherlands to Belgium: $194.5M; growth -10.7%.
- Belgium to Netherlands: $182.0M; growth +27.9%.
- Belarus to Norway: $167.0M; growth +1%.
- Belarus to Russia: $152.2M; growth -3.3%.

## HS6 products

- Vegetable oils: rape, colza or mustard oil and their fractions, crude, not chemically modified (HS6 151410)
- Vegetable oils: low erucic acid rape or colza oil and its fractions, crude (HS6 151411)
- Vegetable oils: low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (HS6 151419)
- Vegetable oils: rape, colza or mustard oil and their fractions, other than crude, whether or not refined, but not chemically modified (HS6 151490)
- Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, crude (HS6 151491)
- Vegetable oils: excluding low erucic acid rape or colza oil and its fractions, other than crude, but not chemically modified (HS6 151499)

## 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.