🇺🇸 United States imports of groundnut oil: 2024 trade data
The United States imported $75.2 million of groundnut oil in 2024 (39.5 thousand tonnes). It ranks 2nd of 184 countries for imports of this product. Value rose 90% on 2023. Over 2017-2024 the trade grew strongly, by about 13% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of groundnut oil by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $75.2M | 39.5K t |
| 2023 | $39.5M | 19.8K t |
| 2022 | $54.4M | 26.9K t |
| 2021 | $52.2M | 26.2K t |
| 2020 | $13.2M | 6.8K t |
| 2019 | $17.2M | 13.4K t |
| 2018 | $36.5M | 30.6K t |
| 2017 | $31.9M | 23.0K t |
Where the United States imports groundnut oil from
One supplier dominates: Argentina accounted for 60% of the value. Among the main suppliers, Brazil grew fastest (+981% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇦🇷 Argentina | $45.2M | 60% |
| 🇳🇮 Nicaragua | $10.4M | 14% |
| 🇧🇷 Brazil | $8.8M | 12% |
| 🇮🇳 India | $4.4M | 5.8% |
| 🇭🇰 Hong Kong | $1.8M | 2.4% |
| 🇨🇳 China | $1.1M | 1.5% |
| 🇩🇪 Germany | $1.1M | 1.4% |
| 🇨🇱 Chile | $657K | 0.9% |
| Taiwan | $616K | 0.8% |
| 🇲🇽 Mexico | $529K | 0.7% |
Types of groundnut oil under HS 1508
| 1508.10 | Vegetable oils: ground-nut oil and its fractions, crude, not chemically modified | 89% |
| 1508.90 | Vegetable oils: ground-nut oil and its fractions, other than crude, whether or not refined, but not chemically modified | 11% |
Codes and full descriptions: HS heading 1508.
Average import price of groundnut oil
The average declared value was about $1.90 per kg, close to the world average of $1.84.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports groundnut oil
The United States exported $16.8 million of groundnut oil in 2024 (5.1 thousand tonnes). That makes it the 8th largest exporter of this product worldwide, out of 105 countries. Canada alone took 57% of it. Among the main buyer markets, Malaysia grew fastest (+48% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $9.5M | 57% |
| 🇭🇰 Hong Kong | $3.1M | 19% |
| 🇲🇾 Malaysia | $1.2M | 7.1% |
| 🇩🇪 Germany | $771K | 4.6% |
| 🇨🇳 China | $464K | 2.8% |
| 🇲🇽 Mexico | $310K | 1.9% |
| 🇮🇳 India | $174K | 1% |
| 🇪🇸 Spain | $129K | 0.8% |
| 🇬🇧 United Kingdom | $126K | 0.8% |
| 🇰🇷 South Korea | $122K | 0.7% |
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 1508: Ground nut oil and its fractions; whether or not refined, but not chemically modified.
Groundnut oil trade in the United States: questions
What is the value of groundnut oil imported by the United States?
The United States imported groundnut oil worth $75.2 million in 2024 (39.5 thousand tonnes).
Where does the United States import groundnut oil from?
The main supplier countries in 2024 were Argentina (60%), Nicaragua (14%), Brazil (12%).
What is the average import price of groundnut oil in the United States?
The average declared import value was about $1.90 per kg in 2024, against a world average of $1.84 per kg.
Does the United States export groundnut oil?
Yes. The United States exported groundnut oil worth $16.8 million in 2024, mainly to Canada, Hong Kong, Malaysia.
What is the HS code for groundnut oil?
Groundnut oil falls under HS heading 1508 (Ground nut 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 groundnut oil 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.
Groundnut oil trade in other countries
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