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Refined Soybean Oil

Refined Soybean Oil

HS Code: 150710 - Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
|
FAO Code: 0237 - Soya bean oil
Market:
Top Exporter
2023
AR flag
Argentina
Top Importer
2023
IN flag
India
Export Value
2023
9.01BUSD
1Y -38.76%
Import Value
2023
9.22BUSD
1Y -34.29%
Overview
Suppliers
Insights
Price Data
Export Data
Import Data
Production Data
Seasonality Data

Import of Refined Soybean Oil

Discover import data of Refined Soybean Oil. Get import value, price data, trends, and more. The information below is based on the HS code150710 (Vegetable oils; soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified).

Related Market Brief Curations

Discover curated market data on import for Refined Soybean Oil.
Curation
December, 2021
Origin market price for sourcing of Soybean Oil to Samoa
1 country’s domestic price data
WS flag
Curation
January, 2022
Origin market price for sourcing of Soybean Oil to Armenia
0 country’s domestic price data
AM flag
Curation
August, 2023
Origin market price for sourcing of Soybean Oil to Australia
2 country’s domestic price data
AU flag
Curation
January, 2022
Origin market price for sourcing of Soybean Oil to Suriname
1 country’s domestic price data
SR flag
Curation
January, 2022
Origin market price for sourcing of Soybean Oil to Sri Lanka
2 country’s domestic price data
LK flag
Curation
March, 2025
Origin market price for sourcing of Soybean Oil to Colombia
1 country’s domestic price data
CO flag

Import Trends Overview of Top 10 Importing Countries in 2023

In 2023, India was the top importing country of Refined Soybean Oil, followed by Morocco, Peru, China, South Korea, Egypt, Pakistan, Colombia, Zimbabwe, Poland. This ranking is based on available import data and may not include countries with missing records.
IN flag
India
Rank 1
$4.0B
1y
-32.43%
3y
+44.67%
5y
+77.12%
MA flag
Morocco
Rank 2
$601.2M
1y
-24.77%
3y
+47.62%
5y
+49.95%
PE flag
Peru
Rank 3
$500.8M
1y
-19.47%
3y
+42.41%
5y
+40.06%
CN flag
China
Rank 4
$434.3M
1y
-5.90%
3y
-38.40%
5y
+6.17%
KR flag
South Korea
Rank 5
$410.9M
1y
-24.07%
3y
+45.66%
5y
+80.33%
EG flag
Egypt
Rank 6
$339.2M
1y
+3.58%
3y
+35.14%
5y
+171.21%
PK flag
Pakistan
Rank 7
$247.9M
1y
-19.66%
3y
+278.35%
5y
+202.60%
CO flag
Colombia
Rank 8
$237.7M
1y
-38.38%
3y
-9.56%
5y
+6.45%
ZW flag
Zimbabwe
Rank 9
$211.6M
1y
-26.90%
3y
+64.91%
5y
+72.27%
PL flag
Poland
Rank 10
$205.1M
1y
-29.55%
3y
+21.32%
5y
+132.72%

Notable import transactions in 2024

View notable import transactions of Refined Soybean Oil globally.
Rank
Rank
Company name
Company name
Import value
Import value
Import volume
Import volume
Unit price
Unit price
Origin country
Origin country
Destination country
Destination country
1
Company name
$ 15,842,574
00000 kg
Country name
Canada
$ 00000 /kg
2
Company name
$ 13,694,720
00000 kg
Country name
Canada
$ 00000 /kg
3
Company name
$ 13,579,500
00000 kg
Country name
United States
$ 00000 /kg
4
Company name
$ 13,048,355.40
00000 kg
Country name
United States
$ 00000 /kg
5
Company name
$ 10,816,000
00000 kg
Country name
Bangladesh
$ 00000 /kg

Unlock complete import data for Refined Soybean Oil

Gain full access to detailed import prices, top importers, and market insights to make data-driven decisions.

Trends of Top 10 Importers

This is the import trends of the top 10 importers of Refined Soybean Oil from 2017 to 2023.
Country
Import %
Import Value
22/07
22/08
22/09
22/10
22/11
22/12
23/01
23/02
23/03
23/04
23/05
23/06
23/07
23/08
23/09
23/10
23/11
23/12
24/01
24/02
24/03
24/04
24/05
24/06
24/07
24/08
24/09
24/10
24/11
24/12
25/01
25/02
1Global$1.34B$974.71M$877.21M$925.47M$762.00M$996.02M$1.06B$745.97M$905.96M$612.82M$645.18M$870.31M$710.08M$737.41M$708.13M$460.28M$388.03M$454.85M$548.75M$391.04M$329.76M$479.12M$467.26M$379.15M$131.72M$154.91M$88.67M$87.04M$16.86M$9.26M--
2India43.55%$837.54M$454.53M$357.09M$457.44M$297.32M$435.06M$490.44M$478.06M$389.39M$322.09M$282.81M$415.97M$415.52M$413.00M$403.66M$175.02M$135.10M$99.60M$259.26M$193.61M$178.14M$356.85M$353.69M$218.51M--------
3Morocco6.52%$31.82M$60.53M$77.83M$62.83M$36.19M$74.22M$76.96M$62.35M$76.22M$38.92M$71.79M$67.74M$44.16M$26.61M$63.74M$22.02M$15.98M$33.48M$63.92M$40.44M$37.43M-----------
4Peru5.43%--------------------------------
5China4.71%$82.44M$48.82M$4.96M$4.88M$77.91M$82.96M$108.44M$7.78M$14.96M$16.51M$9.73M$61.25M$39.00M$30.34M$37.71M$29.92M$35.76M$58.30M--------------
6South Korea4.46%$42.17M$62.10M$51.04M$70.24M$60.72M$23.64M$56.02M$23.06M$47.21M$25.08M$9.45M$33.59M$30.69M$16.36M$8.99M$51.07M$15.61M$93.74M--------------
7Egypt3.68%$3.58M$4.98M$9.13M$13.71M$13.09M$65.99M$64.20M$1.64M$87.96M$53.12M$10.98M$58.17M$15.95M$23.68M-$17.18M-$6.37M$20.65M$7.84M$4.71M$850.78K$403.47K-$4.99M$6.31M$5.20M$2.60M----
8Pakistan2.69%$15.74M$27.23M$34.63M$33.97M$32.32M$10.91M$44.19M$4.19M$43.62M$9.60M$25.26M$33.31M$14.93M$31.81M$10.78M$17.15M$7.07M$9.30M$8.84M$5.67M$10.40M$530.02K$5.45M$7.50M$1.02M$21.22M$7.37M$28.89M----
9Colombia2.58%$37.38M$23.93M$38.07M$27.95M$15.28M$24.39M$24.68M$13.56M$28.89M$12.98M$29.16M$16.09M$17.27M$39.08M$9.39M$21.74M$16.59M$8.23M$17.47M$25.61M------------
10Zimbabwe2.3%$22.61M$19.39M$33.05M$25.09M$23.28M$25.67M$13.15M$13.87M$21.47M$20.21M$20.02M$19.80M$18.86M$14.59M$16.09M$19.01M$16.03M$18.51M$12.44M-------------

Top Import Flows

Discover the top import flows of Refined Soybean Oil in 2023. The top import flow in 2023 was from India to Argentina, with an import value of USD 1.81B.
Trade Flow
Import Value
2023, USD
1-Year Growth in Import Value
2022-2023
3-Year Growth in Import Value
2020-2023
5-Year Growth in Import Value
2018-2023
Argentina to India
$1.81B
-33.92%
-13.49%
+19.08%
Brazil to India
$1.58B
-27.89%
+490.99%
+194.41%
Argentina to Peru
$352.02M
-19.20%
+20.79%
+25.59%
Argentina to South Korea
$303.13M
+21.31%
+4390.70%
+1966.96%
Spain to Morocco
$288.25M
-21.13%
+140.53%
+218.18%
Bolivia to Colombia
$191.32M
-32.64%
+44.80%
+22.83%
Ukraine to Poland
$189.94M
-26.93%
+41.22%
+223.63%
Russia to India
$187.76M
+79.27%
+340.36%
+1639.83%
Argentina to China
$186.50M
+18.97%
-12.68%
+210.61%
Argentina to Morocco
$167.55M
-38.06%
+7.30%
+17.40%

Share of Top Importing Countries

Discover the import share of top Refined Soybean Oil importing countries in 2023.
India held the largest share of Refined Soybean Oil import value at 43.55%. Its import value decreased by -32.43% between 2022 and 2023, reaching 4.01B.
Note: Share percentages are calculated based on countries with reported import data and may not include those without available records.
Country
Share in Import Value
2023
Import Value
2023, USD
1-Year Growth in Import Value
2022-2023
3-Year Growth in Import Value
2020-2023
5-Year Growth in Import Value
2018-2023
India
43.55%
$4.01B
-32.43%
+44.67%
+77.12%
Morocco
6.52%
$601.22M
-24.77%
+47.62%
+49.95%
Peru
5.43%
$500.78M
-19.47%
+42.41%
+40.06%
China
4.71%
$434.26M
-5.90%
-38.40%
+6.17%
South Korea
4.46%
$410.86M
-24.07%
+45.66%
+80.33%
Egypt
3.68%
$339.25M
+3.58%
+35.14%
+171.21%
Pakistan
2.69%
$247.95M
-19.66%
+278.35%
+202.60%
Colombia
2.58%
$237.66M
-38.38%
-9.56%
+6.45%
Zimbabwe
2.30%
$211.62M
-26.90%
+64.91%
+72.27%
Poland
2.23%
$205.10M
-29.55%
+21.32%
+132.72%
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