2023
Exports
$21.8MWorld Rnk 39 / 150
Flag Rnk 732 / 1212
2023
PRODUCT COMPLEXITY IN Seed Oils
-0.97Rnk 825 / 1025
2023
Imports
$2.43BWorld Rnk 1 / 216
Flag Rnk 40 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $21.8M in Seed Oils, making it the 39th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 732nd most exported product in India. The main destination of Seed Oils exports from India are: United Arab Emirates ($6.4M), Djibouti ($3.87M), Singapore ($1.57M), Bangladesh ($1.42M), and United States ($1.16M).

The fastest growing export markets for Seed Oils of India between 2022 and 2023 were United Arab Emirates ($5.49M), Djibouti ($2.21M), and Bangladesh ($748k).

Imports In 2023, India imported $2.43B in Seed Oils, becoming the 1st largest importer of Seed Oils in the world. At the same year, Seed Oils was the 40th most imported product in India. India imports Seed Oils primarily from: Russia ($1.07B), Argentina ($529M), Ukraine ($338M), Romania ($170M), and Turkey ($145M).

The fastest growing import markets in Seed Oils for India between 2022 and 2023 were Russia ($269M), Moldova ($83.6M), and Romania ($59.2M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Seed 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)$21.8M
IMPORTS (2023)$2.43B
NET TRADE (2023)-$2.41B

In 2023, India exported $21.8M in Seed Oils. The main destinations of India exports on Seed Oils were United Arab Emirates ($6.4M), Djibouti ($3.87M), Singapore ($1.57M), Bangladesh ($1.42M), and United States ($1.16M).

In 2023, India imported $2.43B in Seed Oils, mainly from Russia ($1.07B), Argentina ($529M), Ukraine ($338M), Romania ($170M), and Turkey ($145M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR India WERE (2022 - 2023):
Djibouti$2.21M (134%)
Bangladesh$748k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY India WERE (2022 - 2023):
Ethiopia-$6.96M (-91.3%)
Oman-$5.82M (-99.2%)
Burma-$1.77M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Seed Oils were:
Ukraine $5.26B
Russia $3.51B
Turkey $1.38B
In 2023, India's main importing competitors in Seed Oils were:
China $1.62B
Turkey $1.47B

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.25M
TOP IMPORT POTENTIALTurkey+ $49.6M

Seed Oils’s highest export potential is United States. With an export gap of $2.25M.   Seed Oils’s highest import potential is Turkey with an import gap of $49.6M.

See methodology.

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