India Soybean Oil HS1507 Import Data 2025 February Overview

India's February 2025 soybean oil (HS Code 1507) import data reveals 25.86% reliance on Nepal for bulk oil, with supply risks, per yTrade Customs data.

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

India's February 2025 soybean oil imports (HS Code 1507) show heavy reliance on Nepal for bulk commodity-grade oil, with 25.86% of volume but lower unit prices, while Switzerland, Singapore, and Argentina supply higher-value products. The market displays geographic concentration risks, with Nepal dominating shipments, suggesting a need for diversification to mitigate supply chain vulnerabilities. This analysis, covering February 2025, is based on cleanly processed Customs data from the yTrade database.

India Soybean Oil (HS 1507) 2025 February 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 edible oil imports.

Current Context and Strategic Position

India's import policy for HS Code 1507 maintains a 45% basic customs duty, with additional IGST and social welfare surcharges, aligning with WTO commitments [APEDA Agri Exchange]. Imports surged by 95.24% in value during early 2025, reflecting rising domestic demand [GTAIC]. As India relies heavily on imports to meet edible oil shortages, vigilance on tariff shifts and supply trends is essential for stakeholders tracking India Soybean oil HS Code 1507 Import 2025 February.

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

Key Observations

In February 2025, India's import of Soybean oil under HS Code 1507 reached a value of 915.73 million USD with a volume of 128.00 million kg, indicating significant monthly trade activity.

Price and Volume Dynamics

The import value saw a sharp month-over-month decrease of approximately 31% from January 2025, likely driven by seasonal demand patterns in the edible oil sector, where post-harvest inventory adjustments often lead to reduced import volumes. This dip aligns with typical industry cycles, where fluctuations occur due to domestic stock replenishment and consumption trends, though the February volume remains substantial, suggesting underlying import strength.

External Context and Outlook

This volatility is framed by India's consistent import policy for HS Code 1507, featuring a 45% basic customs duty and an open license regime, which supports trade flexibility while protecting local producers. [[APEDA

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

Product Specialization and Concentration

According to yTrade data, the import of India Soybean oil under HS Code 1507 in February 2025 is heavily concentrated in crude soya-bean oil (HS Code 15071000), which holds over 80% of the import value. This crude oil has a unit price of 7.82 USD per kilogram, showing a focus on bulk, unrefined products. An anomaly exists with HS Code 15079090, which has a much higher unit price of 16.98 USD per kilogram but very low volume, so it is set aside from the main analysis.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two clear groups: crude soya-bean oil (15071000) and other edible-grade soya-bean oil (15079010). The crude oil, with its higher unit price, dominates imports, indicating a trade in standardized, bulk commodities likely linked to global price indices. The edible-grade oil, at 5.23 USD per kilogram, represents a more processed but still fungible product, reinforcing that this market deals in undifferentiated goods rather than high-value manufactured items.

Strategic Implication and Pricing Power

For importers, the heavy reliance on crude soya-bean oil under India Soybean oil HS Code 1507 Import 2025 February means pricing is largely driven by global commodity markets, with limited power for buyers. The high import duties, such as a 45% basic customs duty on crude oil as noted by [Cybex], add to costs and highlight the need for strategic sourcing to manage expenses effectively. (Cybex)

Check Detailed HS 1507 Breakdown

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

Geographic Concentration and Dominant Role

In February 2025, India's import of Soybean oil under HS Code 1507 was heavily concentrated, with Nepal as the dominant supplier, accounting for 18.91% of the value but 25.86% of the weight, indicating a lower unit price of approximately 5.23 USD/kg and suggesting bulk, commodity-grade oil. Switzerland, Singapore, and Argentina also play significant roles with higher value contributions relative to weight, pointing to potentially higher-grade or processed oils.

Partner Countries Clusters and Underlying Causes

The supplier countries form two main clusters: first, Nepal stands out with extremely high volume and frequency, likely due to geographic proximity and established trade routes facilitating cost-effective bulk shipments. Second, Switzerland, Singapore, and Argentina show higher value-to-weight ratios, with Argentina's known soybean production possibly supplying refined or specialty oils, while Switzerland and Singapore may act as re-export hubs for value-added products. The remaining countries, like Brazil and Russia, have minimal involvement, indicating peripheral or niche sourcing.

Forward Strategy and Supply Chain Implications

For market players, the geographic patterns suggest a need to diversify sources to mitigate reliance on Nepal, while the high import duties of 45% basic customs duty [Cybex] impact cost structures. The surge in imports, as noted in early 2025 (GTAIC), underscores growing demand, so strategies should include negotiating long-term contracts and exploring alternative suppliers like Argentina for higher-margin products to balance supply chain risks and costs for India Soybean oil HS Code 1507 Import 2025 February.

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

CountryValueQuantityFrequencyWeight
SWITZERLAND215.57M201.72K251.0047.35M
SINGAPORE180.29M165.63K253.0036.31M
ARGENTINA179.86M161.80K260.004.06M
NEPAL173.12M112.08M6.42K33.10M
BRAZIL48.52M43.71K87.00N/A
RUSSIA************************

Get Complete Partner Countries Profile

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

Strategic Supply Chain Overview

India's import of Soybean oil under HS Code 1507 in February 2025 is a classic commodity market. Price is driven by global indices like crude oil benchmarks and import duties of 45%. Supply security depends heavily on Nepal for bulk shipments. This creates cost and risk concentration.

The market is dominated by high-frequency buyers purchasing crude oil. This reflects a need for steady, large-volume supply. Geographic and buyer concentration increase vulnerability to price spikes or supply disruptions. Your supply chain must prioritize cost control and diversification.

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

  • Diversify your supplier base beyond Nepal using trade data. Target partners like Argentina for higher-grade oil to reduce reliance on single sources and mitigate supply risk.
  • Negotiate long-term contracts with high-frequency buyers. Lock in volume commitments to stabilize revenue and align with their bulk purchasing patterns under India Soybean oil Import 2025 February.
  • Analyze buyer frequency data to anticipate demand cycles. Adjust inventory and shipping schedules to prevent overstock or shortages for HS Code 1507.
  • Monitor global price indices and duty changes continuously. Adjust your pricing strategy in real-time to protect margins against market volatility.

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 February?

India's soybean oil imports saw a 31% month-over-month value drop in February 2025, likely due to seasonal demand shifts and post-harvest inventory adjustments. Despite this, the market remains robust, with imports surging 95.24% year-over-year in early 2025, reflecting strong underlying demand.

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

Nepal dominates as the top supplier, contributing 18.91% of import value and 25.86% of volume. Switzerland, Singapore, and Argentina also play significant roles, with higher value-to-weight ratios indicating potential premium-grade shipments.

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

Price differences stem from product specialization: crude soya-bean oil (HS Code 15071000) at 7.82 USD/kg dominates imports, while niche sub-codes like 15079090 command 16.98 USD/kg but have minimal volume.

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

Importers should prioritize bulk deals with high-frequency buyers (87.77% of market value) to align with commodity-driven pricing. Diversifying sources beyond Nepal and negotiating long-term contracts can mitigate supply chain risks.

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

Suppliers must cater to India’s bulk commodity demand, with Nepal’s cost-effective shipments setting a benchmark. Higher-margin opportunities exist for refined oil exporters (e.g., Argentina) or re-export hubs (e.g., Singapore).

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

Soybean oil imports are primarily bulk, unrefined commodities (80% crude oil share), used for edible purposes or further processing, reflecting India’s reliance on standardized, fungible goods.

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