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๐Ÿ‡บ๐Ÿ‡ธ 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.

imports 2024
$2.37B
+45% vs 2023
Quantity
2.40M t
~$0.99 per kg
World rank
1st
of 185 countries
Supplier countries
55
23% of world imports
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Public statistics, latest reported year 2024. Values in US dollars.

Imports of chemically modified oils by year, 2017-2024

$0K$593.4M$1.19B$1.78B$2.37B20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$2.37B2.40M t
2023$1.63B1.41M t
2022$519.5M366.2K t
2021$129.6M129.8K t
2020$61.8M82.4K t
2019$61.5M86.9K t
2018$44.3M63.8K t
2017$32.4M40.0K 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).

Share of chemically modified oils imports by partner country, 2024โ‰ฅ25%10-25%3-10%1-3%<1%
Supplier countryValueShare
๐Ÿ‡จ๐Ÿ‡ณ China$1.18B50%
๐Ÿ‡จ๐Ÿ‡ฆ Canada$249.4M11%
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia$208.1M8.8%
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia$94.1M4%
๐Ÿ‡ฐ๐Ÿ‡ท South Korea$91.5M3.9%
๐Ÿ‡ฆ๐Ÿ‡บ Australia$87.9M3.7%
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom$56.6M2.4%
๐Ÿ‡ฎ๐Ÿ‡ช Ireland$51.4M2.2%
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand$48.8M2.1%
๐Ÿ‡จ๐Ÿ‡ด Colombia$45.5M1.9%

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.

United States
$0.99/kg
World average
$1.01/kg

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.

DestinationValueShare
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$46.4M25%
๐Ÿ‡จ๐Ÿ‡ฆ Canada$31.9M17%
๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands$27.3M15%
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore$22.4M12%
๐Ÿ‡จ๐Ÿ‡ฑ Chile$18.0M9.8%
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom$7.0M3.8%
๐Ÿ‡จ๐Ÿ‡ณ China$6.0M3.3%
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic$5.9M3.2%
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia$3.1M1.7%
๐Ÿ‡จ๐Ÿ‡ด Colombia$2.6M1.4%
Beyond the public totals

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.

United States on EximDataX

Direct customs feed: shipment-level records from the official customs source.

Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.

About this data

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.

Straight answers

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.

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