Vegetable oil: India

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Imports

2013-23

Harish Damodaran, June 14, 2023: The Indian Express

From: Harish Damodaran, June 14, 2023: The Indian Express

Between 2013-14 and 2022-23 (April-March), the value of India’s vegetable oil imports has soared from $7,249.85 million (Rs 44,038.04 crore) to $20,837.70 million (Rs 167,269.99 crore). Much of this has been in just the last two fiscal years. See graphic:

Out of the 24-25 million tonnes (mt) cooking oil that the country consumes annually, only 9-10 mt is from domestically produced grain. The balance 14-15 mt is imported.