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Table 06: Major Vegetable Oils: World Supply and Distribution (Country View) 
 
Million Metric Tons
Date Created  02/11/2025 12:00:40 PM  
 
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  2020/21 2021/22 2022/23 2023/24 Jan
2024/25		 Feb
2024/25
Production nr nr nr nr nr nr
Indonesia 49.50 47.78 51.10 48.81 52.77 52.77
China 28.35 27.56 29.69 30.19 30.85 30.85
Malaysia 19.98 20.22 20.59 22.03 21.56 21.46
European Union 17.94 18.80 18.33 18.45 18.26 18.26
United States 12.69 13.05 13.18 13.61 14.34 14.31
Brazil 10.72 11.50 11.94 12.46 12.66 12.86
Argentina 9.40 9.35 7.84 9.13 9.85 9.89
Other 59.45 60.34 64.62 67.02 66.89 66.97
 
 
Total 208.03 208.60 217.29 221.69 227.18 227.36
 
Imports nr nr nr nr nr nr
India 13.81 14.31 17.12 15.85 15.30 15.20
China 13.25 7.13 11.40 9.14 9.75 9.55
European Union 9.92 9.95 9.19 9.35 8.68 8.68
United States 4.95 5.26 6.27 6.86 7.25 7.26
Pakistan 3.59 3.08 3.92 3.17 3.52 3.52
Turkey 1.71 2.42 2.75 2.41 2.31 2.31
Bangladesh 1.96 2.03 2.29 2.25 2.25 2.25
Egypt 1.75 1.71 1.65 1.81 1.90 1.80
Iran 1.89 1.51 1.45 1.36 1.64 1.64
Korea, South 1.24 1.20 1.20 1.32 1.24 1.24
Other 27.27 25.88 26.53 27.95 27.62 27.59
 
 
Total 81.33 74.49 83.77 81.47 81.46 81.04
 
Exports nr nr nr nr nr nr
Indonesia 29.45 24.27 30.25 24.46 26.45 26.25
Malaysia 17.32 16.82 16.64 17.85 17.16 17.06
Argentina 7.05 5.85 5.33 6.74 6.80 6.85
Russia 4.56 4.79 6.06 6.45 6.29 6.29
Ukraine 5.61 4.87 5.99 7.04 5.59 5.59
Canada 3.58 2.74 3.17 3.57 4.22 4.22
European Union 3.57 3.27 3.67 3.26 3.04 3.04
Other 14.65 17.09 17.82 16.63 16.82 16.89
 
 
Total 85.79 79.68 88.93 85.99 86.37 86.18
 
Domestic Consumption nr nr nr nr nr nr
China 40.26 37.15 39.07 39.85 41.06 40.86
Indonesia 19.50 21.43 23.23 24.90 26.44 26.44
India 22.53 22.82 23.86 24.75 25.52 25.55
European Union 25.57 24.68 24.40 24.20 24.10 24.10
United States 16.51 17.27 19.27 20.17 20.68 20.67
Brazil 10.17 9.60 10.22 11.53 11.85 12.05
Malaysia 4.72 4.65 5.40 5.25 5.27 5.27
Pakistan 4.80 4.62 4.85 4.31 4.59 4.62
Russia 3.62 3.70 3.78 3.85 3.95 3.95
Bangladesh 3.13 3.11 3.13 3.19 3.30 3.30
Thailand 3.13 2.97 3.08 3.16 3.26 3.26
Mexico 2.94 3.05 3.11 3.06 3.11 3.08
Argentina 2.67 3.29 2.75 2.42 3.08 3.07
Nigeria 2.46 2.56 2.65 2.76 2.88 2.88
Turkey 2.42 2.51 2.66 2.69 2.75 2.75
Other 40.18 39.63 39.62 41.42 42.96 42.86
 
 
Total 204.61 203.03 211.08 217.51 224.78 224.69
 
Ending Stocks nr nr nr nr nr nr
Indonesia 5.76 7.96 5.64 5.23 5.24 5.44
India 1.90 2.02 4.37 4.63 3.70 3.57
Malaysia 2.09 2.82 2.87 2.53 2.44 2.44
European Union 1.91 2.71 2.17 2.51 2.30 2.30
China 4.21 1.60 3.44 2.77 2.15 2.15
Other 13.88 13.01 12.67 13.15 12.46 12.45
 
 
Total 29.75 30.12 31.17 30.83 28.30 28.35
 
Major Vegetable Oils includes Coconut, Cottonseed, Olive, Palm, Palm Kernel, Peanut, Rapeseed, Soybean, and Sunflowerseed oil.