Refined soybean oil imports in Morocco: data, top suppliers and prices
Imports of refined soybean oil by Morocco reached $4.4 million in 2024 (3.7 thousand tonnes). Value rose 152% on 2023. Over 2017-2024 the trade grew strongly, by about 60% a year on average. The peak in this period was 2022, at $19.3 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 | $4.4M | 3.7K t |
| 2023 | $1.7M | 1.1K t |
| 2022 | $19.3M | 2.7K t |
| 2021 | $4.8M | 934 t |
| 2020 | $7.9M | 5.1K t |
| 2019 | $9.1M | 4.5K t |
| 2018 | $4.5M | 2.2K t |
| 2017 | $164K | 167 t |
Where Morocco imports refined soybean oil from
Portugal alone supplied 73% of it. Among the main suppliers, Italy grew fastest (+939% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Portugal | $3.2M | 73% |
| Netherlands | $761K | 17% |
| Italy | $204K | 4.7% |
| Spain | $140K | 3.2% |
| Mauritania | $62K | 1.4% |
| Egypt | $16K | 0.4% |
| France | $9K | 0.2% |
| Belgium | $2K | 0% |
| United States | $0K | 0% |
Average import price per kg
The average declared value was about $1.19 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.
Refined soybean oil exports from Morocco
Morocco exported $10.0 million of refined soybean oil in 2024 (7.4 thousand tonnes). Mauritania alone took 93% of it.
| Destination | Value | Share |
|---|---|---|
| Mauritania | $9.3M | 93% |
| Equatorial Guinea | $278K | 2.8% |
| Senegal | $263K | 2.6% |
| Sao Tome and Principe | $99K | 1% |
| Cote d'Ivoire | $18K | 0.2% |
| Guinea | $12K | 0.1% |
| Netherlands | $7K | 0.1% |
| France | $2K | 0% |
| Burkina Faso | $2K | 0% |
| Chile | $1K | 0% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco 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 Morocco?
Morocco imported refined soybean oil worth $4.4 million in 2024, the latest year with complete public data, about 3.7 thousand tonnes. That ranks it 62nd of 208 countries worldwide, with 0% of world imports. The value was up 152% on 2023.
Which countries supply refined soybean oil to Morocco?
Portugal was the largest supplier with 73% of the value ($3.2 million), followed by the Netherlands (17%) and Italy (5%). The top three together account for 95%, out of 9 supplier countries in total. Italy grew fastest among the top ten, up 939% on the year.
What is the average import price of refined soybean oil per kg?
The average declared import value was about $1.19 per kg in 2024, close to the world average of $1.21 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of refined soybean oil to Morocco changed since 2017?
Imports went from $164 thousand in 2017 to $4.4 million in 2024. The peak was 2022 at $19.3 million. Over 8 years the average was $6.5 million a year.
Does Morocco also export refined soybean oil?
Yes. Morocco exported $10.0 million worth of this product in 2024, mainly to Mauritania, Equatorial Guinea and Senegal. That compares with imports of $4.4 million in the same 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?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Morocco. Tell us your product to see it live.
Same product, other countries
World refined soybean oil trade: top importers and exporters
More trade data for Morocco
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