Fish liver oil trade by country: top importers, exporters and prices
World trade in fish liver oil was worth $190.5 million in 2024, about 71.5 thousand tonnes. That is an increase of 24% since 2017, and down 23% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $190.5M | 71.5K t |
| 2023 | $248.6M | 86.2K t |
| 2022 | $188.6M | 54.6K t |
| 2021 | $189.8M | 70.4K t |
| 2020 | $187.6M | 89.1K t |
| 2019 | $156.1M | 75.9K t |
| 2018 | $152.3M | 43.2K t |
| 2017 | $153.1M | 18.1K t |
Top fish liver oil exporting countries
Vietnam is the largest exporter with 34% of world exports, followed by Norway and Iceland. The top three supply 63% between them, out of 82 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Vietnam | $64.2M | 34% |
| Norway | $36.5M | 19% |
| Iceland | $19.7M | 10% |
| United States | $12.1M | 6.4% |
| Germany | $6.4M | 3.4% |
| Denmark | $5.8M | 3% |
| United Kingdom | $4.5M | 2.3% |
| Australia | $4.3M | 2.2% |
| France | $4.0M | 2.1% |
| Spain | $3.5M | 1.8% |
| Netherlands | $3.1M | 1.6% |
| Yemen | $2.9M | 1.5% |
Top importing countries and buyer markets
The largest importers are Singapore (36%), the United States (10%) and the United Kingdom (5%). 146 countries imported it, and the top three take 51% of the value.
| Importer | Value | Share |
|---|---|---|
| Singapore | $67.9M | 36% |
| United States | $19.9M | 11% |
| United Kingdom | $9.2M | 4.8% |
| China | $8.7M | 4.6% |
| Poland | $6.1M | 3.2% |
| Japan | $5.9M | 3.1% |
| Lithuania | $5.3M | 2.8% |
| Netherlands | $4.9M | 2.6% |
| France | $4.3M | 2.3% |
| Germany | $3.8M | 2% |
| Portugal | $3.8M | 2% |
| Mexico | $3.5M | 1.8% |
Average price per kg
The world average declared value was about $2.66 per kg in 2024. Among the main exporters, Australia averaged $79.01 per kg and Vietnam $1.06 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 1504.10: Oils of fish: fish-liver oils and their fractions, whether or not refined, but not chemically modified. HS 1504 codes.
Common questions
Which countries export the most fish liver oil?
Vietnam exported $64.2 million in 2024, 34% of the world total, followed by Norway (19%) and Iceland (10%). In all, 82 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most fish liver oil?
Singapore imported $67.9 million in 2024, 36% of world imports, ahead of the United States (10%) and the United Kingdom (5%). The top three importers together take 51%. Each country with its own page is linked from the table.
How big is the world trade in fish liver oil?
It was worth $190.5 million in 2024, about 71.5 thousand tonnes. That is an increase of 24% since 2017. The peak year was 2023 at $248.6 million. 82 countries reported exports and 146 reported imports.
What is the average price of fish liver oil per kg?
The world average declared value was about $2.66 per kg in 2024. Among the main exporters, Australia averaged $79.01 per kg and Vietnam $1.06 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for fish liver oil?
The HS code for fish liver oil is subheading 1504.10, in chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 1504 page.
How can I find fish liver oil buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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