Key Highlights
Did you know? Indians have historically used two types of edible oil extensively. The first "vegetable" oil was made by crushing regional oilseeds, such as sesame, groundnut, and mustard in Gujarat, Maharashtra, as well as in northern and eastern India. Animal fat, primarily from the preparation of desi-ghee, was the second cooking oil medium.
India, a major exporter of edible oils, has been gradually increasing its exports in recent years. However, the journey to become a significant player in the global edible oil market is fraught with challenges and opportunities. In this blog, we will explore the most recent statistics on edible oil export from India, edible oil HSN codes, the top edible oil exporters list, and other emerging trends and opportunities.
Yes, exporting edible oil from India is profitable. Edible oil demand is rising worldwide due to a number of causes, including population increase, urbanization, and shifting dietary preferences. Indian exporters now have a great chance to broaden their horizons and enter new markets.
The edible oil industry is expected to generate US$126 billion in revenue by 2024. A projected 6.40% annual growth rate (CAGR 2024–2029) is anticipated for the industry. India ($34,750 million in US dollars in 2024) has the world's greatest income generation rate.
However, even though there are a number of obstacles facing India's edible oil export industry, there are also a lot of promising prospects. India can establish a significant presence in the worldwide edible oil market by effectively tackling the obstacles and capitalizing on the favorable circumstances. To tackle all possible challenges, traders need to obtain the most updated edible oil export data.
Let’s discuss the top 10 edible oil producing countries!
Let’s analyze the table first!
| Rank | Edible Oil Producing Countries | Estimated Production (Million Tons) |
| 1 | China | 31.2 |
| 2 | India | 30.1 |
| 3 | United States | 20.1 |
| 4 | Indonesia | 19.9 |
| 5 | Brazil | 9.1 |
| 6 | Argentina | 5.3 |
| 7 | Malaysia | 3.8 |
| 8 | Russia | 4.9 |
| 9 | Ukraine | 5.2 |
| 10 | European Union | 3.2 |
Here is a summary of the key data contained in the table.
Now, its time to explore some updated insights on edible oil export data!
Also read: Explore Sunflower oil exports from India
Let’s first analyze the table for edible oil export data!
| Metric | Edible Oil Export from India (value) |
| Total Shipments (Tonnes) | 125,000 |
| Number of Exporters | 3,842 |
| Number of Buyers | 6,784 |
| India’s export destinations | USA, Italy, France |
As per edible oil export data, India exported 7,070 shipments of edible oil during March 2023 to February 2024 (TTM). There was a 115% increase in exports from the previous 12 months, with 300 Indian exporters sending goods to 1,798 buyers.
During this time, 503 cargoes of edible oil were exported from India in February 2024 alone. This represents a thriving of -5% from February 2023 on a year-over-year basis and sequential growth of -14% from January 2024.
However, the US, China, and the Netherlands are the countries to which India sells the most of its edible oil.
Indonesia, India, and Argentina are the major three nations in the world exporters of edible oil. With 48,668 shipments, India is the world leader in edible oil exports, followed by Indonesia with 41,349 shipments and Argentina in third place with 37,851 shipments.
Now, let’s explore the major edible oil exporters globally!
The top 10 nations that export edible oil are listed below:
| Top Rank | Top Edible Oil Exporting Countries | Export Value |
| 1 | India | (48,668) |
| 2 | Indonesia | (41,349) |
| 3 | Argentina | (37,851) |
| 4 | Malaysia | (26,895) |
| 5 | Ukraine | (24,162) |
| 6 | Brazil | (12,738) |
| 7 | Spain | (10,083) |
| 8 | Russia | (8,227) |
| 9 | Mexico | (4,951) |
| 10 | Thailand | (4,582) |
Thus, these are the world's biggest exporters of edible oil. Despite this, Spain, Russia, and Mexico are among the major exporters of edible oil. Explore the statistics on edible oil export from India or leading edible oil exporters, top edible oil HSN codes anytime.
The top edible oil HS codes are listed below:
| HSN Code |
Description |
| 1509 | Olive oil and its fractions, whether or not refined but not chemically modified. |
| 1510 | Palm oil and its fractions, whether or not refined but not chemically modified. |
| 1511 | Coconut (copra), palm kernel or babassu oil, and fractions thereof, whether or not refined but not chemically modified. |
| 1512 | Other vegetable oils (including groundnut, soyabean, sunflower, maize, and sesame oil) and their fractions, whether or not refined but not chemically modified. |
| 1513 | Other vegetable oils and their fractions, whether or not refined but not chemically modified. |
| 1514 | Marine oils and their fractions, whether or not refined but not chemically modified. |
| 1515 | Animal oils and fats, whether or not refined but not chemically modified. |
| 1516 | Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elastanized, whether or not refined but not further prepared. |
| 1517 |
Prepared edible fats |
Now, explore the top edible oil exporters in India!
Consequently, these are the top exporters of edible oil from India in large volumes. Visit Eximpedia to analyze edible oil export data and rise to the top of the edible oil exporting ranks. Our platform will help you get started with edible oil export from India.
To obtain information about edible oil importers or global edible oil data, visit the data-driven dashboard of Eximpedia. We provide accurate, legitimate, and up-to-date information on international trade to more than 130+ countries, along with exim data. In addition, we provide a database on foreign nations, such as Bangladesh, Turkey, Vietnam, and the US.
So, for traders who are ready to put in the necessary time and dedication, exporting edible oils from India can be a lucrative venture. You may manage the complexities of the export process and build a profitable company in the international edible oil market by following the guidelines outlined in this comprehensive blog.
Our team of professionals can help you grow your business in the global trade arena and provide the current market, trends, and insights, whether you need the HSN Code for edible oils or the most up-to-date list of Indian edible oil exporters. To schedule a free live demo, click here and grow your business in the international trade arena.
Q1. Which edible oil is most exported from India?
As per edible oil export data, the most edible oils exported from India are: groundnut oil, sesame oil, soyabean oil, and maize (corn).
Q2. Why does India export edible oil?
Exporting edible oil from India is profitable. Edible oil demand is rising worldwide due to a number of causes, including population increase, urbanisation, and shifting dietary preferences.
Q3. What is the HSN code for edible vegetable oil?
The major HSN code for edible vegetable oil is 1509. However, the other top edible oil HS codes are: 1510, 1511, 1512, and 1513.
Q4. Which country exports the most edible oil?
According to edible oil export data, India is the largest exporter of edible oil. Other edible oil exporters are Indonesia, Argentina, Malaysia, and Ukraine.
Q5. Which country is the largest importer of edible oil?
Based on edible oil import data, India is the world's biggest consumer and importer of edible oils.
Edible Oil Export from India
Edible Oil Export from India to the USA
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