Groundnut Oil Export from India: Top Markets and Business Strategies

Highlights

• The top groundnut oil exporters in India are Appu Oil and Shiv Sales Corporation Green India, Virendra Haribhai Pansara, Eywa Seeds And Exports Private Limited.
• India exports groundnut oil to China, the United States, Vietnam, Singapore, and the United Arab Emirates.
• Based on groundnut oil export data, India exported 2,561 shipments of groundnut oil between March 2023 and February 2024 (TTM).
• The top groundnut oil exporters are India, Brazil, Argentina, Nigeria, and the Netherlands.
• The major groundnut oil HSN codes are 150810 and 150890.

India has established a niche for itself in the global groundnut oil market as one of the world's biggest producers of groundnuts. Groundnut oil, also known as peanut oil, is valued for its nutritional properties, versatility, and culinary uses. When it comes to exports, India leads the world in groundnut exports. According to APEDA, the nation exported 6.38 lakh tons in 2020–21. Gujarat, however, is the state that produces the most groundnuts, followed by Madhya Pradesh, Tamil Nadu, Rajasthan, and Karnataka.

In this blog, we will explore the top markets for Indian groundnut oil exports and provide updated insights on groundnut oil export from India, peanut oil export from India, groundnut oil HSN code, exporters and importers lists.

The Growing Demand for Groundnut Oil in India

Groundnut oil is a preferred cooking medium in many regions due to its mild flavor and high smoking point. It has uses in cosmetics, medications, and food preparation. It is also a good source of vitamins, antioxidants, and healthy fats.

Additionally, the market for edible oil in India is expanding at a rate of 8–10%. As consumers become more conscious of the need for heart-friendly oils, they are moving to healthier alternatives.

Top Groundnut Producing States in India

Below is the list of major groundnut-producing states in India:

Nonetheless, Gujarat and Andhra Pradesh together account for roughly half of India's total groundnut production. Over the years, Gujarat's production has fluctuated, but Andhra Pradesh's has remained steady.

More than a million metric tons of groundnut oil were consumed in India in 2023. In addition, India exports groundnut oil to China, the United States, Vietnam, Singapore, and the United Arab Emirates.

Can We Export Groundnut Oil from India?

Yes, it is possible to export groundnut oil from India; however, you will require current and precise import-export information. We start by quickly reviewing the groundnut oil export data.

Groundnut Oil Export from India:  2024-25

Below is the updated table for groundnut exports from India:

As per groundnut oil export data, India exported 2,561 shipments of groundnut oil between March 2023 and February 2024 (TTM). 330 Indian exporters sold these goods to 681 purchasers, representing a positive growth rate over the previous 12 months.

During this time, 241 shipments of peanut oil export from India in February 2024 alone. The United States, Singapore, and the United Arab Emirates receive the majority of India's groundnut oil exports.

India, Brazil, and the United States are the top three countries in the world for groundnut oil exports. With 11,787 shipments, India is the world's top exporter of groundnut oil, followed by Brazil (617 shipments) and the United States (203 shipments).

Now explore the list of groundnut oil exporters or groundnut oil exporting countries.

Top Groundnut Oil Exporting Countries

Below is the major list of groundnut oil exporters or peanut oil exporting countries.

So, these are the top groundnut oil exporting countries. As per groundnut oil export data, India is the leading exporter of groundnut oil, as it exported groundnut oil worth $211.5 million. However, if you are looking for groundnut oil export data from India or a groundnut oil exporter list, connect with Seair Exim Solutions and explore global import and export data and Indonesia import data hassle-free.

Also Read: Peanut Export from India to Global Markets

Groundnut Oil HSN Code

Here's the table for the HSN code of groundnut oil:

Note:

• The HSN code 150810 specifically refers to crude groundnut oil.
• The HSN code 150890 encompasses other types of groundnut oil, such as refined, deodorized, and edible grade.

Top Groundnut Oil Exporters in India

Here is the list of groundnut oil exporters in India:

• Appu Oil
• Shiv Sales Corporation
• Green India ( Group of Andavar Lathe Works)
• Virendra Haribhai Pansara
• Eywa Seeds And Exports Private Limited
• Behal International
• SBH Foods Private Limited
• Nathubhai Cooverji And Sons
• Madhur Food Park
• Karthika Oil Mill

Here are a few magnificent and largest groundnut oil exporters in India. To get a full list, groundnut oil export data is required. Visit Seair Exim Solution for additional information or to find out more about the export or importers list countries with specific insights like Ethiopia import data, HSN code and US import data by country. Our dashboard was designed to save you time and is incredibly easy to use.

Key Business Strategies for Export Success

To thrive in the groundnut oil export business, exporters need to adopt well-rounded strategies. Below are some essential steps:

1. Market Research and Targeting

• Conduct in-depth market research to identify emerging markets and consumer preferences.
• Focus on regions with limited domestic production of groundnut oil but high demand.

2. Ensure Product Quality

• Adhere to international standards for processing and packaging.
• Invest in cold-pressed and organic groundnut oil production to cater to premium market segments.

3. Compliance with Regulations

• Understand and meet the export guidelines of the target countries, including labeling, certifications, and safety standards.
• Obtain certifications such as FSSAI, ISO, and USDA Organic to enhance credibility.

4. Obtain active groundnut oil export data

• For groundnut oil exports, traders must find active buyers and suppliers through reputable trade associations and government portals.
• Seair Exim Solutions is one of the finest   to analyze the insights on groundnut oil export from India and provides vital information such as groundnut oil exporters, importers, HS Codes and much more. 

Future Prospects for Export of Groundnut Oil from India

The global edible oil market is projected to grow significantly in the coming years, with health-conscious consumers driving demand for natural and healthy oils. Indian groundnut oil exporters have the potential to capitalize on this trend by offering premium, high-quality products.

Also, Indian exporters can meet global demand and forge a solid presence in foreign markets by using strategic planning, adherence to quality standards, and effective market positioning.

What is Seair's Contribution to the Global Groundnut Market?

Exporters can find genuine buyers for groundnut oil by using our data-driven dashboard for the Seair Exim solution, which provides all the details of the export of groundnut oil from India.

The Seair Exim solution is known for its real-time information database compiled from reliable sources. We also provide Bangladesh export data, product-wise HSN codes and US import data. It will connect you with suppliers or buyers of groundnut oil from all over the world.

Final Words!

In conclusion, groundnut oil export from India presents a promising avenue for growth, backed by the country’s robust agricultural base and processing capabilities. Exporters can increase their profitability and support India's success in international trade by focusing on the appropriate markets and putting astute business plans into place.

The secret to long-term success, regardless of your level of experience as an exporter, is to remain knowledgeable and flexible in the marketplace. However, if you need any kind of support or market research report for groundnut oil export from India, connect with our platform, and we can help you grow your business in the global trade area.

Frequently Asked Questions

Q1. Can we export groundnut oil from India?

Yes , you can export groundnut oil from India, but you need to comply with the export guidelines of the target countries, including labeling, certifications, and safety standards.

Q2. Which countries import groundnut oil from India?

The United States, Singapore, and the United Arab Emirates imports the majority of groundnut oil exported from India.

Q3. Who is the largest producer of groundnut oil in India?

Gujarat alone produced more than 36.76 lakh tonnes of groundnut oil in 2023-24, making it the largest groundnut oil producing state in India. At the same time, Gujarat and Andhra Pradesh together account for roughly half of India's total groundnut production.

Q4. Which countries export groundnut oil?

The top countries that export groundnut oil are India, Brazil, Argentina, Nicaragua, the Netherlands, and Senegal.

Q5. What is the demand of groundnut oil in India?

The edible oil demand in India is growing at a CAGR of 8–10%. In 2023-24, India consumed more than 1 million metric tonnes of groundnut oil. 

Export of Groundnut Oil from India

Groundnut oil export from India to United States

Groundnut oil export from India to Vietnam

Groundnut oil export from India to Singapore

Top Groundnut Exporters Globally

Groundnut exporters globally: India

Groundnut exporters globally: Brazil

Groundnut exporters globally: Argentina