Refined peanut oil trade by country: top importers, exporters and prices
World trade in refined peanut oil was worth $133.5 million in 2024, about 55.0 thousand tonnes. That is an increase of 19% since 2017, and up 2% 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 | $133.5M | 55.0K t |
| 2023 | $131.4M | 56.1K t |
| 2022 | $141.4M | 62.3K t |
| 2021 | $134.7M | 56.0K t |
| 2020 | $135.5M | 69.6K t |
| 2019 | $95.4M | 57.5K t |
| 2018 | $120.9M | 69.4K t |
| 2017 | $112.0M | 57.9K t |
Top refined peanut oil exporting countries
Exports are led by Belgium (23%), China (15%) and Brazil (14%). 91 countries reported exports, and the top three account for 52%.
| Exporter | Value | Share |
|---|---|---|
| Belgium | $30.9M | 23% |
| China | $20.7M | 16% |
| Brazil | $18.4M | 14% |
| United States | $12.0M | 9% |
| India | $11.1M | 8.3% |
| France | $7.4M | 5.6% |
| Italy | $5.8M | 4.3% |
| Netherlands | $5.7M | 4.3% |
| Hong Kong | $4.8M | 3.6% |
| Taiwan | $3.9M | 2.9% |
| Germany | $3.8M | 2.9% |
| Spain | $1.9M | 1.4% |
Top importing countries and buyer markets
The largest importers are Hong Kong (16%), the United Kingdom (8%) and China (8%). 173 countries imported it, and the top three take 33% of the value.
| Importer | Value | Share |
|---|---|---|
| Hong Kong | $21.6M | 16% |
| United Kingdom | $11.3M | 8.5% |
| China | $11.2M | 8.4% |
| France | $10.9M | 8.2% |
| Canada | $10.5M | 7.9% |
| United States | $8.6M | 6.4% |
| Netherlands | $8.1M | 6% |
| Germany | $7.7M | 5.8% |
| Italy | $7.5M | 5.6% |
| Norway | $3.4M | 2.5% |
| Australia | $2.6M | 2% |
| Macao | $2.3M | 1.8% |
Average price per kg
The world average declared value was about $2.42 per kg in 2024. Among the main exporters, the United States averaged $3.29 per kg and Brazil $1.74 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
Tell us what you trade and we will show you the latest records on a live call.
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 1508.90: Vegetable oils: ground-nut oil and its fractions, other than crude, whether or not refined, but not chemically modified. HS 1508 codes.
Common questions
Which countries export the most refined peanut oil?
Belgium exported $30.9 million in 2024, 23% of the world total, followed by China (15%) and Brazil (14%). In all, 91 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most refined peanut oil?
Hong Kong imported $21.6 million in 2024, 16% of world imports, ahead of the United Kingdom (8%) and China (8%). The top three importers together take 33%. Each country with its own page is linked from the table.
How big is the world trade in refined peanut oil?
It was worth $133.5 million in 2024, about 55.0 thousand tonnes. That is an increase of 19% since 2017. The peak year was 2022 at $141.4 million. 91 countries reported exports and 173 reported imports.
What is the average price of refined peanut oil per kg?
The world average declared value was about $2.42 per kg in 2024. Among the main exporters, the United States averaged $3.29 per kg and Brazil $1.74 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 refined peanut oil?
The HS code for refined peanut oil is subheading 1508.90, 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 1508 page.
How can I find refined peanut 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.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.