Refined soybean oil imports in the United Kingdom: data, top suppliers and prices
Imports of refined soybean oil by the United Kingdom reached $112.2 million in 2024 (101.4 thousand tonnes). That makes it the 5th largest importer of this product worldwide, out of 208 countries. Value fell 11% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $200.1 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 | $112.2M | 101.4K t |
| 2023 | $125.8M | 89.8K t |
| 2022 | $200.1M | 122.2K t |
| 2021 | $122.7M | 99.8K t |
| 2020 | $50.2M | 57.8K t |
| 2019 | $51.2M | 64.5K t |
| 2018 | $61.2M | 66.8K t |
| 2017 | $92.4M | 114.7K t |
Where the United Kingdom imports refined soybean oil from
One supplier dominates: Netherlands accounted for 93% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Netherlands | $103.9M | 93% |
| Ukraine | $1.8M | 1.6% |
| China | $1.7M | 1.6% |
| Germany | $1.3M | 1.2% |
| Belgium | $1.1M | 1% |
| United States | $959K | 0.9% |
| Italy | $506K | 0.5% |
| Ireland | $237K | 0.2% |
| Spain | $191K | 0.2% |
| Sweden | $157K | 0.1% |
Average import price per kg
The average declared value was about $1.11 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 the United Kingdom
The United Kingdom exported $20.3 million of refined soybean oil in 2024 (13.9 thousand tonnes). Its share of world exports was 1%. Most of it went to Ireland (43%), Netherlands (16%), Belgium (9%). Among the main buyer markets, Belgium grew fastest (+292% on the year before).
| Destination | Value | Share |
|---|---|---|
| Ireland | $8.8M | 43% |
| Netherlands | $3.2M | 16% |
| Belgium | $1.9M | 9.5% |
| Denmark | $1.7M | 8.5% |
| France | $1.5M | 7.2% |
| Sweden | $1.0M | 5.1% |
| Cyprus | $522K | 2.6% |
| Germany | $494K | 2.4% |
| Czech Republic | $237K | 1.2% |
| Spain | $204K | 1% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom refined soybean oil imports (HS 1507.90): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 the United Kingdom?
The United Kingdom imported refined soybean oil worth $112.2 million in 2024, the latest year with complete public data, about 101.4 thousand tonnes. That ranks it 5th of 208 countries worldwide, with 4% of world imports. The value was down 11% on 2023.
Which countries supply refined soybean oil to the United Kingdom?
The Netherlands was the largest supplier with 93% of the value ($103.9 million), followed by Ukraine (2%) and China (2%). The top three together account for 96%, out of 19 supplier countries in total. Germany grew fastest among the top ten, up 84% on the year.
What is the average import price of refined soybean oil per kg?
The average declared import value was about $1.11 per kg in 2024, 8% below 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 the United Kingdom changed since 2017?
Imports went from $92.4 million in 2017 to $112.2 million in 2024, an increase of 21%. The peak was 2022 at $200.1 million. Over 8 years the average was $102.0 million a year.
Does the United Kingdom also export refined soybean oil?
Yes. The United Kingdom exported $20.3 million worth of this product in 2024, mainly to Ireland, the Netherlands and Belgium. On balance the United Kingdom is a net importer of this product, by about $91.9 million a 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; the company-level detail sits in EximDataX, which has a direct customs feed for the United Kingdom. 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 the United Kingdom
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