UN Comtrade • Latest complete year: 2024
15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes (HS 15)
Global exports
$138.11B
Global imports
$141.03B
Top exporter share
19.4%
Top importer share
12.2%
- In 2024, the global export market for Animal, vegetable or microbial fats and oils was valued at $138.1B.
- Indonesia led exports with a 19.4% share, totaling $26.9B in value.
- The United States was the largest importer, purchasing $17.2B worth of these products, which accounts for 12.2% of the global import market.
- Malaysia ranked as the second-largest exporter with $18.7B in exports, making up 13.6% of the total.
- On the import side, India ($16.8B) and China ($12.6B) were also major destinations for these goods.
Global Exports of Animal and Vegetable Fats & Oils
In 2024, the total international trade for this product category saw exports of $138.1B. The market is significantly led by a few key countries. The top exporter, Indonesia, shipped $26.9B, representing 19.4% of the total. Following Indonesia, Malaysia contributed $18.7B (13.6% share), and Spain accounted for $8.9B (6.4% share).
Top Importing Markets
Global imports of animal and vegetable fats and oils reached $141.0B in 2024. The leading importer was the United States, with imports valued at $17.2B, or 12.2% of the world total. Other major importers included India, which imported $16.8B (11.9% share), and China, with $12.6B in imports (8.9% share). These top three importers collectively account for a significant portion of global demand.
See also: United StatesIndiaChina
Sub-product Trade Breakdown
Within this broad category, specific products dominate trade flows. Palm oil (HS4 code 1511) stands out as the most significant sub-category in terms of trade value. Following palm oil, other major traded products include olive oil (1509), and sunflower-seed or cottonseed oil (1512). These key commodities form the bulk of the global trade volume for HS2 code 15.
Quick insights
- Indonesia is the top exporter (19.4% of reported exports).
- USA is the top importer (12.2% of reported imports).
- Top 3 exporter concentration: 39.4%.
- Top 5 exporter concentration: 49.6%.
Notes: Shares are relative to reported totals in the dataset for the selected year.
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Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - product groups (4-digit) by top countries (Exports), 2024 (USD)
Top 10 countries with the leading 6 product groups (4-digit); remainder grouped as Other.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - country rank by trade value (Exports), 2015-2024 (USD)
Ranks show the top 10 countries by latest-year value (rank 1 is largest).
Flow: Exports | Years: 2015-2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Global export trend
Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - exports over time (Exports), 2015-2024 (USD)
Annual reported exports across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
HS4 drilldown
Built: 2026-01-12T08:07:45Z • Snapshot: 20251222
HS4 subcategories within HS 15 for 2024 (partner = World). Values are summed across reporting economies; coverage varies by reporter and year.
Exports
Coverage vs HS2: 99.1%
Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - top 4-digit product groups by export share (Exports), 2024 (USD)
Leading 4-digit product groups by export value.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 1511 | Palm oil and its fractions; whe… | $40.17B | 29.1% |
| 1509 | Olive oil and its fractions; wh… | $15.29B | 11.1% |
| 1512 | Sun-flower seed, safflower or c… | $13.46B | 9.7% |
| 1507 | Soya-bean oil and its fractions… | $11.55B | 8.4% |
| 1514 | Rape, colza or mustard oil and… | $9.70B | 7.0% |
| 1518 | Animal, vegetable or microbial… | $8.80B | 6.4% |
| 1517 | Margarine; edible mixtures or p… | $8.47B | 6.1% |
| 1513 | Coconut (copra), palm kernel or… | $7.35B | 5.3% |
| 1516 | Animal, vegetable or microbial… | $5.87B | 4.3% |
| 1515 | Fixed vegetable or microbial fa… | $5.14B | 3.7% |
| 1504 | Fats and oils and their fractio… | $3.90B | 2.8% |
| 1502 | Fats of bovine animals, sheep o… | $2.32B | 1.7% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 1503 | Lard stearin, lard oil, oleoste… | 38.7% | $271.77M |
| 1522 | Degras; residues resulting from… | 31.9% | $415.98M |
| 1518 | Animal, vegetable or microbial… | 24.1% | $8.80B |
| 1510 | Vegetable oils; oils and their… | 20.4% | $933.10M |
| 1509 | Olive oil and its fractions; wh… | 17.2% | $15.29B |
| 1504 | Fats and oils and their fractio… | 14.4% | $3.90B |
| 1508 | Ground nut oil and its fraction… | 12.7% | $656.87M |
| 1502 | Fats of bovine animals, sheep o… | 12.7% | $2.32B |
Imports
Coverage vs HS2: 99.3%
Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - top 4-digit product groups by import share (Imports), 2024 (USD)
Leading 4-digit product groups by import value.
Flow: Imports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 1511 | Palm oil and its fractions; whe… | $35.38B | 25.1% |
| 1512 | Sun-flower seed, safflower or c… | $17.32B | 12.3% |
| 1509 | Olive oil and its fractions; wh… | $16.23B | 11.5% |
| 1514 | Rape, colza or mustard oil and… | $11.69B | 8.3% |
| 1507 | Soya-bean oil and its fractions… | $11.44B | 8.1% |
| 1518 | Animal, vegetable or microbial… | $10.31B | 7.3% |
| 1513 | Coconut (copra), palm kernel or… | $7.55B | 5.4% |
| 1517 | Margarine; edible mixtures or p… | $7.40B | 5.2% |
| 1515 | Fixed vegetable or microbial fa… | $5.88B | 4.2% |
| 1516 | Animal, vegetable or microbial… | $4.68B | 3.3% |
| 1504 | Fats and oils and their fractio… | $4.49B | 3.2% |
| 1502 | Fats of bovine animals, sheep o… | $2.44B | 1.7% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 1522 | Degras; residues resulting from… | 51.8% | $1.09B |
| 1503 | Lard stearin, lard oil, oleoste… | 38.7% | $135.31M |
| 1502 | Fats of bovine animals, sheep o… | 20.2% | $2.44B |
| 1501 | Pig fat (including lard) and po… | 18.9% | $726.76M |
| 1510 | Vegetable oils; oils and their… | 18.5% | $737.90M |
| 1518 | Animal, vegetable or microbial… | 17.4% | $10.31B |
| 1509 | Olive oil and its fractions; wh… | 17.3% | $16.23B |
| 1504 | Fats and oils and their fractio… | 16.7% | $4.49B |
Explore country profiles
Jump from this HS2 product to the country trade pages for the largest exporters and importers.
Top exporters
Top trade routes
Top exporter → importer routes among the largest exporters (bounded at build-time).
| Exporter | Importer | Value | Share of exports |
|---|---|---|---|
| Indonesia (IDN) | China (CHN) | $5.10B | 3.7% |
| Canada (CAN) | USA (USA) | $4.96B | 3.6% |
| Indonesia (IDN) | India (IND) | $3.97B | 2.9% |
| Argentina (ARG) | India (IND) | $3.23B | 2.3% |
| Indonesia (IDN) | Pakistan (PAK) | $2.82B | 2.0% |
| Malaysia (MYS) | India (IND) | $2.73B | 2.0% |
| Spain (ESP) | Italy (ITA) | $1.82B | 1.3% |
| Indonesia (IDN) | USA (USA) | $1.79B | 1.3% |
| Netherlands (NLD) | Germany (DEU) | $1.73B | 1.3% |
| Malaysia (MYS) | China (CHN) | $1.60B | 1.2% |
| Netherlands (NLD) | Belgium (BEL) | $1.57B | 1.1% |
| Germany (DEU) | Netherlands (NLD) | $1.39B | 1.0% |
| Spain (ESP) | USA (USA) | $1.30B | 0.9% |
| China (CHN) | USA (USA) | $1.26B | 0.9% |
| Italy (ITA) | USA (USA) | $1.15B | 0.8% |
Data notes & methodology
Source: UN Comtrade
Exports total: $138.11B • Imports total: $141.03B
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