🇸🇦 Saudi Arabia imports of soya bean oil: 2024 trade data
Imports of soya bean oil by Saudi Arabia reached $34.4 million in 2024 (31.5 thousand tonnes). That is 72% more than in 2023. Over 2017-2024 the trade grew strongly, by about 18% a year on average. The peak in this period was 2022, at $48.5 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of soya bean oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $34.4M | 31.5K t |
| 2023 | $20.0M | 18.1K t |
| 2022 | $48.5M | 27.9K t |
| 2021 | $14.1M | 10.8K t |
| 2020 | $11.1M | 9.0K t |
| 2019 | $11.8M | 10.2K t |
| 2018 | $12.4M | 10.7K t |
| 2017 | $10.7M | 10.9K t |
Where Saudi Arabia imports soya bean oil from
The largest suppliers were Egypt (26%), Turkey (20%), Ukraine (18%). Among the main suppliers, United Arab Emirates grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇪🇬 Egypt | $9.1M | 26% |
| 🇹🇷 Turkey | $6.7M | 20% |
| 🇺🇦 Ukraine | $6.2M | 18% |
| 🇨🇦 Canada | $5.1M | 15% |
| 🇺🇸 United States | $1.6M | 4.7% |
| 🇦🇪 United Arab Emirates | $1.4M | 4% |
| 🇲🇾 Malaysia | $1.1M | 3.3% |
| 🇷🇺 Russia | $1.1M | 3.1% |
| 🇮🇳 India | $494K | 1.4% |
| 🇨🇳 China | $325K | 1% |
Types of soya bean oil under HS 1507
| 1507.10 | Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified | 78% |
| 1507.90 | Vegetable oils: soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified | 22% |
Codes and full descriptions: HS heading 1507.
Average import price of soya bean oil
The average declared value was about $1.09 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.
Saudi Arabia also exports soya bean oil
Saudi Arabia exported $27.1 million of soya bean oil in 2024 (23.9 thousand tonnes). One buyer market dominates: Jordan accounted for 74% of the value.
| Destination | Value | Share |
|---|---|---|
| 🇯🇴 Jordan | $19.9M | 74% |
| 🇰🇼 Kuwait | $2.9M | 11% |
| 🇾🇪 Yemen | $1.7M | 6.1% |
| 🇦🇪 United Arab Emirates | $1.6M | 6.1% |
| 🇴🇲 Oman | $644K | 2.4% |
| 🇲🇾 Malaysia | $106K | 0.4% |
| 🇱🇧 Lebanon | $103K | 0.4% |
| 🇶🇦 Qatar | $56K | 0.2% |
| 🇺🇦 Ukraine | $24K | 0.1% |
Who is behind these numbers in Saudi Arabia?
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.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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.
Soya bean oil trade in Saudi Arabia: questions
What is the value of soya bean oil imported by Saudi Arabia?
Saudi Arabia imported soya bean oil worth $34.4 million in 2024 (31.5 thousand tonnes).
Where does Saudi Arabia import soya bean oil from?
The main supplier countries in 2024 were Egypt (26%), Turkey (20%), Ukraine (18%).
What is the average import price of soya bean oil in Saudi Arabia?
The average declared import value was about $1.09 per kg in 2024, against a world average of $1.00 per kg.
Does Saudi Arabia export soya bean oil?
Yes. Saudi Arabia exported soya bean oil worth $27.1 million in 2024, mainly to Jordan, Kuwait, Yemen.
What is the HS code for soya bean oil?
Soya bean oil falls under HS heading 1507 (Soya-bean oil and its fractions; whether or not refined, but not chemically modified). The six-digit codes under it split the product by type.
How can I find the companies trading soya bean oil with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Soya bean oil trade in other countries
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