๐บ๐ธ United States imports of chemically modified oils: 2024 trade data
Imports of chemically modified oils by the United States reached $2.37 billion in 2024 (2.40 million tonnes). That makes it the largest importer of this product worldwide, out of 185 countries. That is 45% more than in 2023. Over 2017-2024 the trade grew strongly, by about 85% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of chemically modified oils by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.37B | 2.40M t |
| 2023 | $1.63B | 1.41M t |
| 2022 | $519.5M | 366.2K t |
| 2021 | $129.6M | 129.8K t |
| 2020 | $61.8M | 82.4K t |
| 2019 | $61.5M | 86.9K t |
| 2018 | $44.3M | 63.8K t |
| 2017 | $32.4M | 40.0K t |
Where the United States imports chemically modified oils from
Most of the value came from China (50%), Canada (11%), Malaysia (9%). Among the main suppliers, Malaysia grew fastest (+867% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐จ๐ณ China | $1.18B | 50% |
| ๐จ๐ฆ Canada | $249.4M | 11% |
| ๐ฒ๐พ Malaysia | $208.1M | 8.8% |
| ๐ฎ๐ฉ Indonesia | $94.1M | 4% |
| ๐ฐ๐ท South Korea | $91.5M | 3.9% |
| ๐ฆ๐บ Australia | $87.9M | 3.7% |
| ๐ฌ๐ง United Kingdom | $56.6M | 2.4% |
| ๐ฎ๐ช Ireland | $51.4M | 2.2% |
| ๐ณ๐ฟ New Zealand | $48.8M | 2.1% |
| ๐จ๐ด Colombia | $45.5M | 1.9% |
Average import price of chemically modified oils
The average declared value was about $0.99 per kg, close to the world average of $1.01.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports chemically modified oils
Exports of chemically modified oils by the United States reached $183.7 million in 2024 (137.9 thousand tonnes). Its share of world exports was 2%. Most of it went to Mexico (25%), Canada (17%), Netherlands (15%). Among the main buyer markets, United Kingdom grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| ๐ฒ๐ฝ Mexico | $46.4M | 25% |
| ๐จ๐ฆ Canada | $31.9M | 17% |
| ๐ณ๐ฑ Netherlands | $27.3M | 15% |
| ๐ธ๐ฌ Singapore | $22.4M | 12% |
| ๐จ๐ฑ Chile | $18.0M | 9.8% |
| ๐ฌ๐ง United Kingdom | $7.0M | 3.8% |
| ๐จ๐ณ China | $6.0M | 3.3% |
| ๐ฉ๐ด Dominican Republic | $5.9M | 3.2% |
| ๐ฒ๐พ Malaysia | $3.1M | 1.7% |
| ๐จ๐ด Colombia | $2.6M | 1.4% |
Who is behind these numbers in the United States?
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.
Direct customs feed: shipment-level records from the official customs source.
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 1518: Animal, vegetable or microbial fats, oils and their fractions; boiled, oxidised, dehydrated or otherwise chemically modified, excluding those of heading no. 1516, inedible mixtures or preparations of fats, oils or their fractions, n.e.c. in chapter 15.
Chemically modified oils trade in the United States: questions
What is the value of chemically modified oils imported by the United States?
The United States imported chemically modified oils worth $2.37 billion in 2024 (2.40 million tonnes).
Where does the United States import chemically modified oils from?
The main supplier countries in 2024 were China (50%), Canada (11%), Malaysia (9%).
What is the average import price of chemically modified oils in the United States?
The average declared import value was about $0.99 per kg in 2024, against a world average of $1.01 per kg.
Does the United States export chemically modified oils?
Yes. The United States exported chemically modified oils worth $183.7 million in 2024, mainly to Mexico, Canada, Netherlands.
What is the HS code for chemically modified oils?
Chemically modified oils falls under HS heading 1518 (Animal, vegetable or microbial fats, oils and their fractions; boiled, oxidised, dehydrated or otherwise chemically modi). The six-digit codes under it split the product by type.
How can I find the companies trading chemically modified oils with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Chemically modified oils trade in other countries
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