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Sunflower oil: top exporters and importers (2024)

In 2024, world trade in sunflower oil totaled $18.3 billion (17.9 million tonnes). The top exporters were Ukraine (30%), Russia (24%) and Turkey (7%); the top importers were India (18%), Turkey (7%) and China (5%). Compared with 2019, the value rose 54%.

Summary

World trade
$18.3billion
Tonnes
17.9million tonnes
Price per tonne
$1,022
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Ukraine$5.4 billion · 29.7%
    see destinations
  2. Russia$4.4 billion · 24.3%
    see destinations
  3. Turkey$1.3 billion · 7%
  4. Netherlands$1.1 billion · 5.8%
    re-exports
  5. Argentina$806 million · 4.4%
  6. Hungary$742 million · 4.1%
  7. France$530 million · 2.9%
  8. Bulgaria$513 million · 2.8%
  9. Kazakhstan$404 million · 2.2%
  10. Spain$331 million · 1.8%
  11. Romania$274 million · 1.5%
  12. Belgium$249 million · 1.4%
    re-exports
  13. Germany$224 million · 1.2%
  14. Poland$178 million · 0.98%
  15. Serbia$175 million · 0.96%
  16. Moldova$130 million · 0.71%
  17. Malaysia$125 million · 0.69%
  18. Egypt$119 million · 0.65%
  19. Bolivia$102 million · 0.56%
  20. Czechia$97 million · 0.53%

Top importers

  1. India$3.3 billion · 17.8%
    see sources
  2. Turkey$1.3 billion · 6.9%
  3. China$928 million · 5.1%
  4. Netherlands$901 million · 4.9%
    re-exports
  5. Spain$887 million · 4.9%
  6. Italy$838 million · 4.6%
  7. Belgium$797 million · 4.4%
    re-exports
  8. Egypt$679 million · 3.7%
  9. Romania$527 million · 2.9%
  10. Iraq$517 million · 2.8%
  11. Poland$500 million · 2.7%
  12. Germany$467 million · 2.6%
  13. France$448 million · 2.5%
  14. Bulgaria$370 million · 2%
  15. United States$270 million · 1.5%
  16. Uzbekistan$268 million · 1.5%
  17. United Kingdom$251 million · 1.4%
  18. Saudi Arabia$237 million · 1.3%
  19. Djibouti$234 million · 1.3%
  20. South Africa$178 million · 0.98%

Trend

Who sells it

Ukraine has been the top exporter since 2006

Value in USD billions. The five largest exporters in 2024.

  • Ukraine 5.4
  • Russia 4.4
  • Turkey 1.3
  • Netherlands 1.1
  • Argentina 0.81

Source: CEPII BACI

Show the numbers
Country19952024
Ukraine0.045.4
Russia< 0.014.4
Turkey0.051.3
Netherlands0.221.1
Argentina0.980.81

Price

Implied price

The price per tonne rose 38% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,022

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$741
1996$671
1997$644
1998$748
1999$581
2000$457
2001$518
2002$632
2003$703
2004$754
2005$743
2006$701
2007$906
2008$1,445
2009$957
2010$1,025
2011$1,329
2012$1,228
2013$1,202
2014$1,014
2015$939
2016$904
2017$863
2018$857
2019$807
2020$856
2021$1,302
2022$1,558
2023$1,144
2024$1,022

What it includes

Includes safflower oil, which shares the same subheadings.

  • 151211 · subheading of heading 1512: Sunflower, safflower and cottonseed oil
  • 151219 · subheading of heading 1512: Sunflower, safflower and cottonseed oil

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

See all products