India Soybean Oil HS1507 Import Data 2025 June Overview

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

India’s soybean oil imports (HS Code 1507) surged in June 2025, signaling strong demand growth, with Argentina dominating supply at 49.10% of import value but 59.44% by weight, reflecting its cost-effective bulk commodity role. South American suppliers, including Brazil and Paraguay, formed the core cluster, while Nepal’s high shipment frequency hinted at re-export activity. Buyers must prioritize stable South American supply chains while navigating India’s 45% customs duty to control costs. This analysis covers June 2025 and is based on cleanly processed Customs data from the yTrade database.

India Soybean Oil (HS 1507) 2025 June 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 staple edible oil widely used in food processing, cooking, and industrial applications due to its high smoke point and neutral flavor. Global demand remains stable, driven by its affordability and versatility in both consumer and commercial sectors.

Current Context and Strategic Position

India's soybean oil (HS Code 1507) imports surged by 95.24% in value ($3,055M) and 62.16% in volume (2,612.85 Ktons) year-over-year in January-June 2025 [GTAIC]. The country imposes a 45% basic customs duty, 5% IGST, and a 10% social welfare surcharge on edible-grade variants [CYBEX]. As India relies heavily on imports to meet domestic demand, June 2025 trade dynamics underscore the need for vigilance in tracking policy shifts and global price fluctuations.

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

Key Observations

In June 2025, India's soybean oil imports under HS Code 1507 totaled 1.23 billion USD in value and 228.51 million kg in volume, marking a significant monthly performance amid broader import growth.

Price and Volume Dynamics

Month-over-month, the value increased from 1.15 billion USD in May to 1.23 billion USD in June, while volume declined from 251.03 million kg to 228.51 million kg, indicating rising per-unit costs likely due to tightened global supplies or domestic stock drawdowns. Year-over-year, the first half of 2025 saw imports surge by 95.24% in value and 62.16% in volume compared to H1 2024, reflecting robust demand cycles typical for edible oils during peak consumption periods and pre-monsoon stockpiling.

External Context and Outlook

This import spike is directly influenced by India's open license policy and reduced duties on crude oils, as detailed in GTAIC. The 45% basic customs duty and 5% IGST structure (Cybex) continue to shape import economics. With domestic production gaps and sustained demand, imports are expected to remain elevated through 2025, supported by favorable trade policies.

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

Product Specialization and Concentration

According to yTrade data, for India Soybean oil HS Code 1507 Import in 2025 June, the market is heavily concentrated on refined soya-bean oil (HS 15079010), which accounts for over 97% of the import volume but only 11% of the value due to its lower unit price of 3.41 USD per kilogram. Crude soya-bean oil (HS 15071000) has a smaller volume share but dominates the value at 88.5% with a higher unit price of 5.82 USD per kilogram. A niche product (HS 15079090) with an extremely high unit price of 17.43 USD per kilogram is present but isolated from the main analysis due to its negligible volume.

Value-Chain Structure and Grade Analysis

The import structure consists of two main product grades: crude soya-bean oil and refined edible-grade oil. The crude oil is likely used as a raw material for further processing, while the refined oil serves as a finished product for direct consumption. The significant unit price difference (5.82 vs. 3.41 USD/kg) indicates that these are distinct commodities traded in bulk, with prices closely tied to global market indices rather than product differentiation, typical of fungible goods.

Strategic Implication and Pricing Power

Market players should focus on the high-volume trade in refined oil, which signals strong domestic demand for finished products. According to reports, India's soybean oil imports surged by 95.24% in value during the first half of 2025 [GTAIC], and import duties are high at 45% basic duty plus additional taxes (Cybex), reducing pricing power for importers. Strategies should prioritize cost-efficient sourcing and supply chain optimization to navigate this commodity market.

Check Detailed HS 1507 Breakdown

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

Geographic Concentration and Dominant Role

India Soybean oil HS Code 1507 Import 2025 June shows Argentina as the dominant supplier, accounting for 49.10% of the import value but 59.44% of the weight, indicating a lower unit price and bulk commodity nature.

Partner Countries Clusters and Underlying Causes

South American countries like Argentina, Brazil, and Paraguay form the main cluster, supplying over 70% of the value due to their role as major soybean producers. Nepal stands out with high shipment frequency but lower value share, likely handling re-exports or lower-grade oil. Other countries such as the US and Iraq contribute minimally, possibly due to higher logistics costs or limited trade agreements.

Forward Strategy and Supply Chain Implications

Buyers should prioritize sourcing from cost-effective regions like South America while monitoring duty structures, as India's 45% basic customs duty on soybean oil [APEDA] impacts total costs. The import surge in 2025 suggests growing demand, so securing stable supply chains and exploring duty optimization through crude oil preferences (APEDA) could reduce expenses.

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

Get Complete Partner Countries Profile

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

Strategic Supply Chain Overview

India Soybean oil Import 2025 June under HS Code 1507 operates as a bulk commodity market. Price is driven by global soybean indices and product grade differentials. Crude oil carries a premium due to its processing role. Supply chains face high import duties (45%+) and reliance on South American origins.

This creates two core implications. First, cost control depends on sourcing efficiency from Argentina and Brazil. Second, domestic demand favors refined oil, shifting focus to finished goods logistics. The market's high buyer concentration adds volume stability but also over-reliance risk.

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

• Target high-frequency buyers with bulk contracts to secure volume stability and reduce per-unit costs, as they drive 93% of market value.
• Prioritize crude oil imports for duty optimization since its higher value share improves cost absorption under India's tax structure.
• Monitor Argentine shipments for price leverage because they dominate volume with lower unit prices, ensuring supply security.
• Analyze niche buyer segments for diversification opportunities to mitigate over-reliance on primary buyers and capture premium niches.
• Track global soybean futures and Indian duty policies to anticipate cost fluctuations and adjust procurement timing accordingly.

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 June?

India's soybean oil imports surged by 95.24% in value during the first half of 2025, driven by robust demand cycles and pre-monsoon stockpiling. Rising per-unit costs in June reflect tightened global supplies or domestic stock drawdowns.

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

Argentina dominates with 49.10% of import value, followed by Brazil and Paraguay, which collectively supply over 70% of the market. Nepal also plays a role with high shipment frequency but lower value share.

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

The price gap stems from product grades: crude soya-bean oil (HS 15071000) trades at 5.82 USD/kg, while refined oil (HS 15079010) costs 3.41 USD/kg. Argentina’s bulk shipments of lower-priced refined oil skew its unit value downward.

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

Importers should prioritize cost-efficient sourcing from South America, where bulk commodity pricing prevails, and explore crude oil preferences to mitigate India’s 45% customs duty impact. Securing long-term contracts with high-volume buyers is critical.

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

Suppliers in South America have stable demand but must align with India’s bulk-trade norms and duty structures. Niche opportunities exist for high-value crude oil, though refined oil dominates volume.

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

Crude soya-bean oil serves as a raw material for further processing, while refined edible-grade oil is a finished product for direct consumption, reflecting India’s dual demand for industrial and retail use.