2023
Exports
$104MWorld Rnk 10 / 155
Flag Rnk 414 / 1212
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$26.3MWorld Rnk 44 / 217
Flag Rnk 693 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $104M in Other Vegetable Oils, making it the 10th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 414th most exported product in India. The main destination of Other Vegetable Oils exports from India are: United States ($16.9M), Netherlands ($10.3M), Japan ($8.56M), Germany ($8.23M), and Italy ($5.78M).

The fastest growing export markets for Other Vegetable Oils of India between 2022 and 2023 were Netherlands ($7.86M), Nigeria ($4.35M), and Belgium ($2.75M).

Imports In 2023, India imported $26.3M in Other Vegetable Oils, becoming the 44th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 693rd most imported product in India. India imports Other Vegetable Oils primarily from: Malaysia ($13.1M), Indonesia ($5.46M), Germany ($1.77M), United States ($1.74M), and Sri Lanka ($1.5M).

The fastest growing import markets in Other Vegetable Oils for India between 2022 and 2023 were Indonesia ($4.09M), United States ($873k), and France ($396k).

COMPANIES In 2023, leading companies such as Teknor Apex (2) were at the forefront of shipping Other Vegetable Oils from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Vegetable Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$104M
IMPORTS (2023)$26.3M
NET TRADE (2023)$78.1M

In 2023, India exported $104M in Other Vegetable Oils. The main destinations of India exports on Other Vegetable Oils were United States ($16.9M), Netherlands ($10.3M), Japan ($8.56M), Germany ($8.23M), and Italy ($5.78M).

In 2023, India imported $26.3M in Other Vegetable Oils, mainly from Malaysia ($13.1M), Indonesia ($5.46M), Germany ($1.77M), United States ($1.74M), and Sri Lanka ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR India WERE (2022 - 2023):
Netherlands$7.86M (328%)
Nigeria$4.35M (847%)
Belgium$2.75M (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY India WERE (2022 - 2023):
Japan-$6.8M (-44.3%)
United States-$6.45M (-27.6%)
Germany-$4.5M (-35.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Other Vegetable Oils were:
In 2023, India's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.09M
TOP IMPORT POTENTIALMalaysia+ $6.51M

Other Vegetable Oils’s highest export potential is China. With an export gap of $7.09M.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $6.51M.

See methodology.

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