Refined corn oil exports from South Africa: data, top buyers and prices
Exports of refined corn oil by South Africa reached $4.6 million in 2024 (4.0 thousand tonnes). Its share of world exports was 1%. Value fell 54% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $19.7 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 | $4.6M | 4.0K t |
| 2023 | $10.1M | 5.6K t |
| 2022 | $19.7M | 8.6K t |
| 2021 | $8.7M | 4.9K t |
| 2020 | $5.6M | 4.1K t |
| 2019 | $92K | 79 t |
| 2018 | $345K | 230 t |
| 2017 | $4.8M | 4.1K t |
Where South Africa exports refined corn oil to
Saudi Arabia alone took 56% of it.
| Destination | Value | Share |
|---|---|---|
| Saudi Arabia | $2.6M | 56% |
| Qatar | $1.3M | 27% |
| Spain | $635K | 14% |
| Netherlands | $74K | 1.6% |
| Jordan | $69K | 1.5% |
| Namibia | $3K | 0.1% |
| Zimbabwe | $2K | 0% |
| Eritrea | $2K | 0% |
| Zambia | $1K | 0% |
| Saint Helena | $0K | 0% |
Average export price per kg
The average declared value was about $1.16 per kg, 27% below the world average of $1.58, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in South Africa?
The shipment records behind South Africa refined corn oil exports (HS 1515.29): companies, dates, quantities and declared values.
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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 South Africa?
South Africa exported refined corn oil worth $4.6 million in 2024, the latest year with complete public data, about 4.0 thousand tonnes. That ranks it 19th of 90 countries worldwide, with 1% of world exports. The value was down 54% on 2023.
Which countries buy refined corn oil from South Africa?
Saudi Arabia was the largest buyer with 56% of the value ($2.6 million), followed by Qatar (27%) and Spain (14%). The top three together account for 97%, out of 15 buyer countries in total. Zimbabwe grew fastest among the top ten, up 758% on the year.
What is the average export price of refined corn oil per kg?
The average declared export value was about $1.16 per kg in 2024, 27% below 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 South Africa changed since 2017?
Exports went from $4.8 million in 2017 to $4.6 million in 2024, a fall of 5%. The peak was 2022 at $19.7 million. Over 8 years the average was $6.8 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 South Africa 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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