Soya bean oil imports in Morocco: data, top suppliers and prices
Imports of soya bean oil by Morocco reached $465.9 million in 2024 (521.5 thousand tonnes). It ranks 5th of 211 countries for imports of this product. That is 16% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $777.7 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 | $465.9M | 521.5K t |
| 2023 | $552.3M | 474.8K t |
| 2022 | $777.7M | 524.4K t |
| 2021 | $602.5M | 495.5K t |
| 2020 | $389.1M | 536.5K t |
| 2019 | $386.0M | 560.2K t |
| 2018 | $386.7M | 527.4K t |
| 2017 | $399.8M | 501.4K t |
Where Morocco imports soya bean oil from
The largest suppliers were Spain (46%), Egypt (21%), Portugal (11%). Among the main suppliers, Egypt grew fastest (+164% on the year before).
Product types under HS 1507
| 1507.10 | Crude soybean oil | 99% |
| 1507.90 | Refined soybean oil | 0.9% |
Codes and full descriptions: HS heading 1507.
Average import price per kg
The average declared value was about $0.89 per kg, close to the world average of $1.00.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Soya bean oil exports from Morocco
Morocco exported $10.0 million of soya bean oil in 2024 (7.4 thousand tonnes). One buyer market dominates: Mauritania accounted for 93% of the value.
| 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 | $3K | 0% |
| Burkina Faso | $2K | 0% |
| Chile | $1K | 0% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco soya bean oil imports (HS 1507): 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: Soya-bean oil and its fractions; whether or not refined, but not chemically modified.
Common questions
What is the value of soya bean oil imported by Morocco?
Morocco imported soya bean oil worth $465.9 million in 2024, the latest year with complete public data, about 521.5 thousand tonnes. That ranks it 5th of 211 countries worldwide, with 4% of world imports. The value was down 16% on 2023.
Which countries supply soya bean oil to Morocco?
Spain was the largest supplier with 46% of the value ($214.3 million), followed by Egypt (21%) and Portugal (11%). The top three together account for 78%, out of 12 supplier countries in total. Egypt grew fastest among the top ten, up 164% on the year.
What is the average import price of soya bean oil per kg?
The average declared import value was about $0.89 per kg in 2024, 11% below the world average of $1.00 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of soya bean oil to Morocco changed since 2017?
Imports went from $399.8 million in 2017 to $465.9 million in 2024, an increase of 17%. The peak was 2022 at $777.7 million. Over 8 years the average was $495.0 million a year.
Does Morocco also export soya bean oil?
Yes. Morocco exported $10.0 million worth of this product in 2024, mainly to Mauritania, Equatorial Guinea and Senegal. On balance Morocco is a net importer of this product, by about $455.9 million a year.
What is the HS code for soya bean oil?
The HS code for soya bean oil is heading 1507. In Morocco the largest six-digit codes were 1507.10 (99% of the value) and 1507.90 (1%).
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
Soya bean oil product types in Morocco
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