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Bulk Vegetable Oils suppliers and buyers
Bulk Vegetable Oils producers, manufacturers, traders and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
About Vegetable Oils
Vegetable oils are traded in bulk by the metric ton and shipped in tankers or in flexitanks and drums. The contract states the type of oil, free fatty acid, moisture and impurities, and the terms are usually FOB or CIF.
Vegetable Oils exporters and importers: who trades it in the world
World exports of Vegetable Oils were worth about USD 87.4 billion in 2024. The largest exporting countries were Indonesia (24.3%), Malaysia (17.3%), Argentina (7.7%), Russia (7%). The largest importing countries were India (18%), China (7.6%), United States (7.4%), Netherlands (4.7%).
| Top exporting countries | Share of world trade |
|---|---|
| Indonesia | 24.3% |
| Malaysia | 17.3% |
| Argentina | 7.7% |
| Russia | 7% |
| Ukraine | 6.5% |
| Canada | 5.1% |
| Top importing countries | Share of world trade |
|---|---|
| India | 18% |
| China | 7.6% |
| United States | 7.4% |
| Netherlands | 4.7% |
| Pakistan | 3.7% |
| Italy | 2.8% |
Source: OEC (BACI/CEPII), 2024, customs codes 1507, 1511, 1512, 1514 (a wider product group). The figures count trade by every mode of transport, not only by sea.
Vegetable Oils offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading Vegetable Oils works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they accept the offer, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Read more: FOB vs CFR vs CIF · offer and counteroffer · how to find commodity suppliers · export and import documents.
Vegetable Oils is normally shipped by vegetable oil tanker. When the terms are agreed, you can explore suitable vessels on Shipfixing.
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