Refined soybean oil imports in Angola: data, top suppliers and prices
In 2024, Angola imported refined soybean oil worth $29.9 million (24.0 thousand tonnes). Its share of world imports was 1%. That is 44% less than in 2023. Over 2017-2024 it shrank by about 18% a year on average. The peak in this period was 2022, at $219.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $29.9M | 24.0K t |
| 2023 | $53.3M | 38.8K t |
| 2022 | $219.5M | 116.9K t |
| 2021 | $128.4M | 91.2K t |
| 2020 | $84.3M | 72.6K t |
| 2019 | $112.8M | 93.1K t |
| 2018 | $120.0M | 152.9K t |
| 2017 | $118.7M | 98.3K t |
Where Angola imports refined soybean oil from
Malaysia alone supplied 66% of it. Among the main suppliers, Malaysia grew fastest (+77% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $19.7M | 66% |
| Portugal | $5.5M | 18% |
| Singapore | $2.6M | 8.8% |
| Indonesia | $1.8M | 6.1% |
| Netherlands | $149K | 0.5% |
| Namibia | $109K | 0.4% |
| DR Congo | $17K | 0.1% |
| Republic of the Congo | $8K | 0% |
| Brazil | $2K | 0% |
| United Arab Emirates | $1K | 0% |
Average import price per kg
The average declared value was about $1.24 per kg, close to the world average of $1.21.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Angola?
The shipment records behind Angola refined soybean oil imports (HS 1507.90): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 1507.90: Vegetable oils: soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified.
Common questions
What is the value of refined soybean oil imported by Angola?
Angola imported refined soybean oil worth $29.9 million in 2024, the latest year with complete public data, about 24.0 thousand tonnes. That ranks it 25th of 208 countries worldwide, with 1% of world imports. The value was down 44% on 2023.
Which countries supply refined soybean oil to Angola?
Malaysia was the largest supplier with 66% of the value ($19.7 million), followed by Portugal (18%) and Singapore (9%). The top three together account for 93%, out of 16 supplier countries in total. Namibia grew fastest among the top ten, up 621% on the year.
What is the average import price of refined soybean oil per kg?
The average declared import value was about $1.24 per kg in 2024, close to the world average of $1.21 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of refined soybean oil to Angola changed since 2017?
Imports went from $118.7 million in 2017 to $29.9 million in 2024, a fall of 75%. The peak was 2022 at $219.5 million. Over 8 years the average was $108.4 million a year.
What is the HS code for refined soybean oil?
The HS code for refined soybean oil is subheading 1507.90. It sits in HS chapter 15 (animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). The full list of codes and descriptions is on the HS 1507 page.
How can I find the companies behind this trade?
For Angola, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
World refined soybean oil trade: top importers and exporters
More trade data for Angola
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