COMMODITY
India's vegetable oil imports rise 7% in August 2025: SEA
Sep-16-2025

Industry body -- The Solvent Extractors Association of India (SEA) in its latest report has said that India's vegetable oil imports rose by 7.29 per cent to 16,77,346 tonne in August 2025 as compared to 15,63,329 tonne in August 2024 despite a sharp drop in refined palmolein shipments following import duty changes. 

The country imported 16,21,525 tonne of edible oils and 55,821 tonnes of non-edible oils in August 2025. Among edible oils, crude oil imports rose to 16,13,525 tonne in August 2025, while refined palmolein shipments plunged to 8,000 tonne in August 2025 from 92,130 tonne a year earlier. The government increased the import duty differential between crude palm oil (CPO) and refined palm oil (RBD Palmolein) to 19.25 per cent from 8.25 per cent, effective May 31, making refined oil imports uneconomical. Crude sunflower oil imports stood at 2,57,080 tonne in August 2025, while crude soybean oil imports stood at 3,67,917 tonne in the same period.

India imported 6,000 tonnes of canola in August, while crude palm kernel oil shipments were 2,993 tonnes versus 4,641 tonnes in the same period last year. India, the world's largest edible oil consumer and importer, had higher edible oil stocks of 18,65,000 tonne as of September 1 due to increased imports over the past three months. Indonesia and Malaysia are India's major palm oil suppliers, while Argentina, Brazil and Russia supply soybean oil. Russia and Ukraine are the main sunflower oil suppliers. 

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