HS4 subsector intelligence

Vegetable oils
HS4 1515 trade overview

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

HS4 15151995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$5.9BGlobal subsector value
02

Annual change

-4%Latest year on year
03

Exporters

184Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

7Classifications inside HS4

The subsector read

$5.9B in trade, with +2.6% annualized growth over three years.

Vegetable oils is recorded across 6,191 active corridors, with 184 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: $1.2B1996: $1.2B1997: $1.3B1998: $1.4B1999: $1.5B2000: $1.3B2001: $1.1B2002: $1.3B2003: $1.6B2004: $1.9B2005: $2.1B2006: $2.2B2007: $2.5B2008: $3.6B2009: $2.7B2010: $3.0B2011: $4.3B2012: $4.3B2013: $4.1B2014: $3.9B2015: $3.9B2016: $4.0B2017: $4.4B2018: $4.3B2019: $4.3B2020: $4.5B2021: $5.5B2022: $6.0B2023: $5.5B2024: $5.9B
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
1IndiaINDChinaCHN$497.6M+0.7%34,252 kmNo
2MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$373.7M+32.2%33,359 kmYes
3IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$126.9M-1.4%711,771 kmNo
4BangladeshBGDIndiaIND$105.1M-2.7%31,427 kmYes
5ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$100.3M+34.7%56,907 kmNo
6SpainESPUSA, Puerto Rico and US Virgin IslandsUSA$94.6M+5.9%55,782 kmNo
7DenmarkDNKSwedenSWE$94.5M-4.9%5524 kmYes
8IndiaINDNetherlandsNLD$80.6M-4.5%56,366 kmNo
9IndiaINDFranceFRA$79.9M-10.7%56,596 kmNo
10CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$76.2M+6.8%7556 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
1IndiaIND$1.2B1647
2MexicoMEX$500.9M897
3USA, Puerto Rico and US Virgin IslandsUSA$454.4M1657
4SpainESP$311.8M1337
5ItalyITA$245.7M1437
6NetherlandsNLD$223.0M1277
7BelgiumBEL$215.9M1277
8FranceFRA$205.3M1507
9ChinaCHN$180.1M1607
10GermanyDEU$164.6M1247
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$1.0B1147
2ChinaCHN$606.0M817
3NetherlandsNLD$315.5M1147
4FranceFRA$297.2M1207
5GermanyDEU$242.5M997
6SpainESP$212.7M807
7ItalyITA$212.0M717
8CanadaCAN$205.6M1147
9JapanJPN$149.2M647
10MalaysiaMYS$140.6M577

HS6 product coverage

The products inside HS4 1515

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

9 classifications shownVegetable oils
01
Vegetable oils: linseed oil and its fractions, crude, not chemically modifiedHS6 151511
02
Vegetable oils: linseed oil and its fractions, other than crude, whether or not refined, but not chemically modifiedHS6 151519
03
Vegetable oils: maize (corn) oil and its fractions, crude, not chemically modifiedHS6 151521
04
Vegetable oils: maize (corn) oil and its fractions, other than crude, whether or not refined, but not chemically modifiedHS6 151529
05
Vegetable oils: castor oil and its fractions, whether or not refined, but not chemically modifiedHS6 151530
06
Vegetable oils: tung oil and its fractions, whether or not refined, but not chemically modifiedHS6 151540
07
Vegetable oils: sesame oil and its fractions, whether or not refined, but not chemically modifiedHS6 151550
08
Vegetable oils: jojoba oil and its fractions, whether or not refined, but not chemically modifiedHS6 151560
09
Vegetable fats and oils and their fractions: fixed, n.e.s. in heading no. 1515, whether or not refined, but not chemically modifiedHS6 151590

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.