# Animal or vegetable fats and oils and their fractions (HS4 1518) Trade Overview | Yugalinks

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Animal or vegetable fats and oils and their fractions at HS4 1518, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1518

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## Answer

The animal or vegetable fats and oils and their fractions subsector recorded $9.9B in reported global trade in 2024, with +3.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $9.9B |
| Latest annual change | +3.5% |
| Active exporters | 145 |
| Active importers | 185 |
| Active HS6 products | 1 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $359.7M | 1,214 | 1 |
| 1996 | $360.7M | 1,362 | 1 |
| 1997 | $333.0M | 1,305 | 1 |
| 1998 | $364.4M | 1,324 | 1 |
| 1999 | $347.5M | 1,472 | 1 |
| 2000 | $341.4M | 1,571 | 1 |
| 2001 | $334.7M | 1,589 | 1 |
| 2002 | $406.8M | 1,592 | 1 |
| 2003 | $461.1M | 1,571 | 1 |
| 2004 | $589.7M | 1,619 | 1 |
| 2005 | $547.6M | 1,670 | 1 |
| 2006 | $658.1M | 1,709 | 1 |
| 2007 | $1.0B | 1,718 | 1 |
| 2008 | $1.7B | 1,819 | 1 |
| 2009 | $1.1B | 1,861 | 1 |
| 2010 | $1.5B | 1,871 | 1 |
| 2011 | $2.3B | 1,972 | 1 |
| 2012 | $2.7B | 2,115 | 1 |
| 2013 | $2.3B | 2,168 | 1 |
| 2014 | $2.4B | 2,218 | 1 |
| 2015 | $1.9B | 2,295 | 1 |
| 2016 | $2.2B | 2,308 | 1 |
| 2017 | $3.1B | 2,350 | 1 |
| 2018 | $3.1B | 2,390 | 1 |
| 2019 | $3.6B | 2,325 | 1 |
| 2020 | $4.7B | 2,341 | 1 |
| 2021 | $7.6B | 2,493 | 1 |
| 2022 | $11.1B | 2,511 | 1 |
| 2023 | $9.6B | 2,491 | 1 |
| 2024 | $9.9B | 2,467 | 1 |

## Leading corridors

- China to USA, Puerto Rico and US Virgin Islands: $1.2B; growth +1,064.6%.
- China to Singapore: $591.2M; growth +32.9%.
- Malaysia to Singapore: $313.2M; growth +21.5%.
- Malaysia to Netherlands: $292.4M; growth -4.7%.
- Netherlands to Finland: $262.8M; growth -6.4%.
- Netherlands to Germany: $259.4M; growth -11.5%.
- Canada to USA, Puerto Rico and US Virgin Islands: $253.5M; growth +37.6%.
- Malaysia to Spain: $230.9M; growth +98.6%.
- Malaysia to USA, Puerto Rico and US Virgin Islands: $221.7M; growth +4,487.2%.
- China to Spain: $206.9M; growth -24.3%.

## HS6 products

- Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils (HS6 151800)

## 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.