Refined corn oil exports from Saudi Arabia: data, top buyers and prices
Saudi Arabia exported $36.3 million of refined corn oil in 2024 (12.9 thousand tonnes). It ranks 3rd of 90 countries for exports of this product. That is 14% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $54.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $36.3M | 12.9K t |
| 2023 | $42.0M | 15.7K t |
| 2022 | $54.8M | 20.9K t |
| 2021 | $46.7M | 20.4K t |
| 2020 | $35.2M | 17.1K t |
| 2019 | $42.7M | 18.6K t |
| 2018 | $26.9M | 11.9K t |
| 2017 | $31.9M | 14.6K t |
Where Saudi Arabia exports refined corn oil to
Most of it went to United Arab Emirates (44%), Jordan (24%), Kuwait (8%). Among the main buyer markets, Oman grew fastest (+89% on the year before).
Average export price per kg
The average declared value was about $2.80 per kg, 77% above the world average of $1.58. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Refined corn oil imports to Saudi Arabia
Saudi Arabia imported $24.9 million of refined corn oil in 2024 (17.0 thousand tonnes). It ranks 5th of 179 countries for imports of this product. The largest suppliers were United Arab Emirates (28%), Egypt (27%), Belgium (13%). Among the main suppliers, Egypt grew fastest (+312% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $7.1M | 28% |
| Egypt | $6.8M | 27% |
| Belgium | $3.3M | 13% |
| South Africa | $2.6M | 10% |
| Oman | $2.2M | 9% |
| Turkey | $1.8M | 7.3% |
| Qatar | $468K | 1.9% |
| Spain | $295K | 1.2% |
| Sweden | $136K | 0.5% |
| Malaysia | $108K | 0.4% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia refined corn oil exports (HS 1515.29): 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 1515.29: Vegetable oils: maize (corn) oil and its fractions, other than crude, whether or not refined, but not chemically modified.
Common questions
What is the value of refined corn oil exported by Saudi Arabia?
Saudi Arabia exported refined corn oil worth $36.3 million in 2024, the latest year with complete public data, about 12.9 thousand tonnes. That ranks it 3rd of 90 countries worldwide, with 8% of world exports. The value was down 14% on 2023.
Which countries buy refined corn oil from Saudi Arabia?
The United Arab Emirates was the largest buyer with 44% of the value ($16.0 million), followed by Jordan (24%) and Kuwait (8%). The top three together account for 76%, out of 14 buyer countries in total. Oman grew fastest among the top ten, up 89% on the year.
What is the average export price of refined corn oil per kg?
The average declared export value was about $2.80 per kg in 2024, 77% above the world average of $1.58 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of refined corn oil from Saudi Arabia changed since 2017?
Exports went from $31.9 million in 2017 to $36.3 million in 2024, an increase of 14%. The peak was 2022 at $54.8 million. Over 8 years the average was $39.6 million a year.
Does Saudi Arabia also import refined corn oil?
Yes. Saudi Arabia imported $24.9 million worth of this product in 2024, mainly from the United Arab Emirates, Egypt and Belgium. On balance Saudi Arabia is a net exporter of this product, by about $11.3 million a year.
What is the HS code for refined corn oil?
The HS code for refined corn oil is subheading 1515.29. 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 1515 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
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