Edible oil · importers
India ranks second of 96 at $16.8B in the fats and oils chapter, one of the most important import lines in its whole trade bill.
| Market | HS 15 imports |
|---|---|
| United States | $17.2B |
| China | $12.6B |
| Netherlands | $8.6B |
| Italy | $7.0B |
| Spain | $5.8B |
Figures are for the whole of HS chapter 15 (animal or vegetable fats and oils). Source: UN Comtrade, as reported by national authorities; latest available year per market.
The chapter is 2.4% of India’s $697.7B imports and ranks eighth among its import chapters, behind only fuels at $217.9B, pearls and precious stones at $89.4B, electrical machinery at $83.5B and a few others. Very few food chapters carry that weight in an economy of this size. India’s share of reported world imports is 11.6%.
For an exporter of cooking oils, it is one of the largest single buyers in the world.
The United States is just above at $17.2B and China below at $12.6B. The gap to the leader is small enough that India could move to first in a different year, and the drop to China is real. India belongs to a three-market top tier.
Governments often adjust import duties, quotas and rules on cooking oils because prices affect households directly, and India has changed conditions on edible oils from time to time. Do not treat any figure or note here as the current position. Confirm the present duty, licence, quality-standard and documentation requirements with the customs authority and your buyer before you commit to a cargo.
Build price and timing flexibility into contracts, and agree clearly who carries the risk if conditions change while goods are at sea.
The $16.8B covers the whole of HS chapter 15, so edible oils are one part of it, and the chapter also includes animal fats. China, the Russian Federation, the United Arab Emirates and the USA lead the overall source list, which covers all goods and does not show oil origins.
Customs shipment records under the oil headings list consignees, weights and values. Use them with this site’s free marketplace to reach refiners and traders.
Second of 96 markets at $16.8B in 2024, an 11.6% share of reported world imports, just behind the United States at $17.2B.
They are 2.4% of the $697.7B total and rank eighth among its import chapters.
No. Duties and conditions on edible oils change. Confirm them with the authorities and your buyer.
Search shipment records under the relevant oil headings and read consignees, weights and declared values.
Keep exploring