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Export of Soybean Oil from India
Soybean Oil is categorized under HS code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, and the data is presented accordingly.
Export overview
As of 2023, India ranked #18 in global exports of Soybean Oil. India accounts for approximately 0.71% of the total global export value of Soybean Oil, with an export value of 18,980,147 USD.
The top countries importing Soybean Oil from India include World, Bhutan, United States, Australia, Ghana.
Export trend
India's export value of Soybean Oil has increased by 83.67% over the past 5 years, rising from 10,333,906 USD in 2019 to 18,980,147 USD in 2023.
The export data for India Soybean Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, which covers a specific classification for Soybean Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Soybean Oil in certain markets, as HS codes often encompass a broader range of similar products.
The export price of Soybean Oil from India has experienced a downward trend over the past 2 years. In 2024, the price fluctuated between 0.95 USD per kg and 2.40 USD per kg, but in 2025, it decreased to a range of 0.62 USD per kg to 2.38 USD per kg.
Year
Year
Low price
Low price
High price
High price
2023
$1.03/kg
$2.35/kg
2024
$0.95/kg
$2.40/kg
2025
$0.62/kg
$2.38/kg
Recent export price fluctuations
The notable importing countries of Soybean Oil from India over the last 6 months include Bhutan, United Arab Emirates, Nepal, Sri Lanka, Malaysia.
Prices showed no clear pattern in 2026-08 compared to the average over the past 6 months, due to limited or missing data.
Reported transactions
Reported transactions
Price fluctuation (Over 6 months)
Price fluctuation (Over 6 months)
2026-03
42
High
2026-04
30
High
2026-05
37
High
2026-06
22
Low
2026-07
37
High
2026-08
0
N/A
The export transaction data for India Soybean Oil is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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