India Soybean Oil HS1507 Import Data 2025 April Overview

India Soybean Oil (HS 1507) 2025 April Import: Key Takeaways

India's soybean oil imports under HS Code 1507 in April 2025 reveal a market heavily reliant on Argentina, which supplied 45.14% of total import value, reflecting stable shipments of standard edible-grade oil at $3.79 per kg. High-volume, lower-cost suppliers like Nepal and premium players like Brazil highlight a segmented market, while smaller opportunistic suppliers add complexity. This analysis, covering April 2025, is based on cleanly processed Customs data from the yTrade database.

India Soybean Oil (HS 1507) 2025 April Import Background

What is HS Code 1507?

HS Code 1507 covers soybean oil and its fractions, whether or not refined, but not chemically modified. It is a key edible oil used in food processing, cooking, and industrial applications like biodiesel. Global demand remains stable due to its affordability and versatility, making it a critical commodity in India's import basket.

Current Context and Strategic Position

In April 2025, India maintained a 45% ad valorem import duty on soybean oil (HS Code 1507), with additional taxes pushing effective rates higher [APEDA Agri Exchange]. This period saw a 95.24% surge in import value (reaching $3.06B) compared to 2024, driven by domestic supply gaps and competitive global pricing [GTAIC]. India's reliance on imports underscores the need for vigilance on trade policies and pricing trends, especially with major suppliers like Brazil and Argentina. The India Soybean oil HS Code 1507 Import 2025 April dynamics highlight its strategic role in balancing food security and trade economics.

India Soybean Oil (HS 1507) 2025 April Import: Trend Summary

Key Observations

In April 2025, India's imports of soybean oil under HS Code 1507 reached $1.11 billion in value with a volume of 266.60 million kg, maintaining robust activity despite minor fluctuations from previous months. This performance underscores the continued strong demand for edible oils in the domestic market.

Price and Volume Dynamics

Month-over-month, the value of India Soybean oil HS Code 1507 Import rose by approximately 3.7% from March's $1.07 billion, while volume decreased by about 10.4% from 297.59 million kg, indicating a higher unit price. This shift aligns with typical industry stock cycles, where reduced domestic post-harvest supply in early 2025 likely drove increased import reliance and price pressures. The overall 2025 trend shows significant growth, with January-April imports contributing to a broader surge, reflecting sustained demand momentum.

External Context and Outlook

The import growth is reinforced by India's stable policy framework, including a 45% import duty on soybean oil as detailed by Cybex, and a reported 95.24% value increase in January-June 2025 imports year-over-year (GTAIC). These factors, combined with strong global supply dynamics, suggest that high import levels will persist, supporting market stability through mid-2025.

India Soybean Oil (HS 1507) 2025 April Import: HS Code Breakdown

Product Specialization and Concentration

According to yTrade data, India's soybean oil imports under HS Code 1507 in April 2025 were dominated by crude soybean oil, which held over 80% of the import value. This product, described as crude soybean oil whether or not degummed, had a unit price of $4.36 per kilogram, significantly higher than other non-anomalous forms, indicating its specialized role in bulk trade. An extreme price anomaly was isolated for a minor sub-code with a unit price of $14.89 per kilogram, which was excluded from the main analysis due to its negligible share.

Value-Chain Structure and Grade Analysis

The remaining imports are split into two clear categories based on processing stage: crude soybean oil and refined soybean oil. Crude oil accounts for the majority of volume and value, while refined oil, though lower in unit price at $3.45 per kilogram, still represents a substantial share. This structure suggests a trade in fungible bulk commodities, where products are standardized and likely linked to global price indices, with minimal differentiation beyond basic refining.

Strategic Implication and Pricing Power

For India soybean oil HS Code 1507 import in 2025 April, the high volume of crude imports points to strong domestic demand for raw materials, giving suppliers pricing power due to consistent bulk orders. [GTAIC] reports a surge in import values, supporting that market players should focus on securing reliable sources for crude oil to manage costs amid competitive pressures and import duties.

Check Detailed HS 1507 Breakdown

India Soybean Oil (HS 1507) 2025 April Import: Market Concentration

Geographic Concentration and Dominant Role

In April 2025, India's soybean oil imports under HS Code 1507 showed strong geographic concentration, with Argentina as the dominant supplier by value, accounting for 45.14% of the total import value. The close alignment between Argentina's value ratio (45.14) and weight ratio (49.49) suggests a stable unit price around $3.79 per kg, indicating consistent shipments of standard edible-grade oil. This pattern points to Argentina's role as a key bulk supplier for India's demand.

Partner Countries Clusters and Underlying Causes

The partner countries form three clear clusters: first, high-volume, lower-unit-price suppliers like Nepal, with a 97.28% weight share but only 19.27% value share, implying large shipments of crude or bulk oil at around $3.45 per kg. Second, higher-value suppliers like Brazil, with a value ratio (24.15) exceeding its weight ratio (15.64) and a unit price of $6.41 per kg, likely reflecting refined or premium-grade oil. Third, smaller, opportunistic suppliers such as Iraq and Russia, with modest shares, possibly driven by regional trade deals or spot market purchases.

Forward Strategy and Supply Chain Implications

For market players, the heavy reliance on Argentina and Nepal for India Soybean oil HS Code 1507 Import 2025 April requires diversification to mitigate supply risks and price volatility. The import surge noted in [GTAIC] signals strong demand, so buyers should secure long-term contracts and monitor policy changes, such as the 45% import duty (Cybex), to adapt quickly to regulatory shifts.

Table: India Soybean Oil (HS 1507) Top Partner Countries (Source: yTrade)

Get Complete Partner Countries Profile

India Soybean Oil (HS 1507) 2025 April Import: Action Plan for Soybean Oil Market Expansion

Strategic Supply Chain Overview

India Soybean oil Import 2025 April under HS Code 1507 is a bulk commodity trade. Price is driven by crude oil grade dominance and global index linkage. Argentina and Nepal supply most volume at stable but differing prices. High buyer concentration creates supply chain risk. The market implies heavy reliance on few partners for raw processing needs.

Action Plan: Data-Driven Steps for Soybean oil Market Execution

• Diversify sourcing beyond Argentina using trade data. This reduces geopolitical and price volatility risks for India Soybean oil HS Code 1507 supply.
• Target high-frequency buyers with volume-based contracts. Secure consistent orders and build long-term relationships to stabilize revenue.
• Monitor Nepal’s crude oil shipments for cost-saving opportunities. Leverage their high volume and lower unit price for competitive procurement.
• Track import duty changes and policy updates weekly. Adjust pricing and sourcing immediately to avoid cost surprises and maintain compliance.

Take Action Now —— Explore India Soybean oil Import Data

Frequently Asked Questions

Q1. What is driving the recent changes in India Soybean oil Import 2025 April?

India's soybean oil imports in April 2025 saw a 3.7% value increase despite a 10.4% volume drop, reflecting higher unit prices due to reduced domestic supply and strong import reliance. The market remains robust, with sustained demand momentum and stable policy support, including a 45% import duty.

Q2. Who are the main partner countries in this India Soybean oil Import 2025 April?

Argentina dominated with 45.14% of import value, followed by Brazil (24.15%) and Nepal (19.27%). Argentina and Nepal supplied bulk crude oil, while Brazil provided higher-value refined oil.

Q3. Why does the unit price differ across India Soybean oil Import 2025 April partner countries?

Price differences stem from product grade: crude soybean oil averaged $3.45–$3.79/kg (Argentina, Nepal), while refined oil from Brazil reached $6.41/kg. A minor sub-code anomaly ($14.89/kg) was excluded.

Q4. What should importers in India focus on when buying Soybean oil?

Importers should prioritize securing long-term contracts with dominant high-frequency buyers (92% of trade value) and diversify suppliers to mitigate reliance on Argentina and Nepal.

Q5. What does this India Soybean oil import pattern mean for overseas suppliers?

Suppliers face stable demand but must align with India’s bulk crude oil preference (80% of imports). Argentina’s dominance offers reliability, while niche players can target refined oil segments.

Q6. How is Soybean oil typically used in this trade flow?

Soybean oil imports are primarily fungible bulk commodities, with crude oil (80% share) used for domestic refining and refined oil meeting direct consumer or industrial demand.