29-Jan-2025
Highlights:
India exported 629 million kg of castor oil, making the nation the largest castor oil exporter in the world in 2023-24.
The HS code for castor oil is 15153090. Other top castor oil HS codes are 151530, 15153010, and 34021300.
The main castor oil export markets for India are China, the Netherlands, the United States, France, and Japan.
The top castor oil-exporting countries are India, the Netherlands, France, Germany, the United States, and Brazil.
Castor oil has a wide range of applications, from pharmaceuticals to food and skincare to manufacturing.
India is the world's largest exporter of castor oil, supplying around 85–90% of global demand.
In this blog, we will delve into data on castor oil export from India, HS codes for castor oil and castor oil exporters.
So, let's start by exploring castor oil production in India!
With 92% of the world's total castor oil production, India leads the globe in both castor production and the worldwide commerce in castor oil.
Approximately 800,000 tonnes of castor oil are produced in India each year.
With almost 85% of the nation's total production, Gujarat is the biggest producer of castor in India.
Orissa, Tamil Nadu, Maharashtra, Rajasthan, and Karnataka also produce castor oil.
More than 60% of India's castor oil production is exported to other nations.
As per castor oil export data, India was the world's largest exporter of castor oil in 2023–2024, with exports totaling US$ 1.009 billion. In terms of volume, India exported about 629 million kg of castor oil.
Based on data on exports of castor oil, 12,347 cargoes of castor oil were shipped out of India between March 2023 and February 2024 (TTM).
1,153 Indian castor oil exporters exported these goods to 4,156 overseas buyers, representing a 39% increase over the previous 12 months.
China, the Netherlands, and the United States get the majority of the castor oil export from India.
151530: Other fixed vegetable fats and oils, including castor oil
15153090: HS code for castor oil
15153010: refined castor oil
34021300: ethoxylated castor oil
So, these are the top castor oil HS codes in the market of castor oil export from India. For a more detailed list of HS code of castor oil or castor oil exporters in India, explore castor oil export data at Exportimportdata.in
Here are the top markets for castor oil export from India:
|
Top India’s castor oil export markets |
Export value |
|
China |
US$ 501.79 million |
|
Netherlands |
US$ 120.54 million |
|
United States |
US$ 96.62 million |
|
France |
US$ 74.87 million |
|
Japan |
US$ 26.82 million |
|
Thailand |
US$ 25.60 million |
|
Korea |
US$ 17.37 million |
|
Singapore |
US$ 15.43 million |
|
Russian Federation |
US$ 13.68 million |
|
Turkey |
US$ 13.53 million |
So, China is the largest castor oil importer from India. Other top markets are the Netherlands, the United States, France, and Japan. To know more about these castor oil export destinations as well as HS codes for castor oils, connect with us at Exportimportdata.in
Here is the list of the top exporters of castor oil globally:
|
Castor oil exporting countries |
castor oil export data (Export values) |
|
India |
US$ 1.009 billion |
|
Netherlands |
US$ 47.73 million |
|
France |
US$ 29.68 million |
|
Germany |
US$ 26.24 million |
|
United States |
US$ 16.91 million |
|
Brazil |
US$ 9.42 million |
|
European Union |
US$ 6.71 million |
|
Kenya |
US$ 5.80 million |
|
Belgium |
US$ 5.02 million |
|
Canada |
US$ 4.51 million |
So, all these countries play a crucial role when it comes to fulfilling the growing demand for castor oil worldwide. So, according to castor oil export data, India leads in terms of castor seed export.
Castor oil exporters in India still have a long journey to cover to be the largest castor oil exporters in the world. With Exportimportdata.in, it becomes easier to trade overseas as it provides all the market insights and trends relevant to castor oil export from India.
Here is the list of castor oil export companies in India:
Amee Castor & Derivatives Ltd
Castor Products Company
Castrochem Pvt Ltd
Gokul Overseas
Jaksh Castor Products Pvt Ltd
Jayant Agro-Organics Ltd
N.R.Oils
R.P.K. Agrotech Exports Pvt. Ltd.
Royal Castor Products Ltd.
Shree Uday Oil And Food Industries
Tgv Sraac Limited
So these exporters are rocking in castor oil export from India. To connect with all castor oil exporters and buyers, obtain castor oil export data at Exportimportdata.in.
With the largest production and expanding exports of castor oil in the world, India is a significant player in the global castor oil export market. Here's your guide to castor oil export from India:
Castor oil is not always exportable. Select varieties that satisfy the phytosanitary and quality requirements of the castor oil import market you are targeting. Explore their preferences for consistency, colour, and disease resistance.
Import-Export Code (IEC)
APEDA Registration
Phytosanitary Certificate
Observe the import regulations of your destination country regarding the shipment's weight, size, and material.
Properly label your shipments with your company's information, product details, and inspection results.
Contact importers directly, through internet resources such as Exportimportdata.in, or at trade exhibitions.
Obtain updated and accurate castor oil export data and castor oil export from India
Statistics
Collaborate with a reputable shipping company or products forwarder for a smooth transit.
Assemble the necessary documents, such as packing lists, bills of lading, and business invoices.
For a list of the world's castor oil suppliers and buyers, simply go to Exportimportdata's data-driven dashboard.
It provides reliable, current, and authentic information regarding international trade for over 100 countries. Among other things, we offer data on export-import trade and an up-to-date database of Indian exporters.
Final Words!
So, exporting castor oil from India is a profitable opportunity that needs to be carefully planned and executed. By consulting with Eximpedia’s experts in the import and export markets, you can improve your chances of success in the global castor seed export market.
However, if you need any help regarding the HS code for castor oil or its export details, please visit Exportimportdata.in platform. Our professionals will offer you advice based on their extensive knowledge and experience.
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India exported castor oil worth US$ 1.009 billion in 2023-24, making the nation the largest castor oil exporter in the world.
China, the Netherlands, the United States, France, Japan, Thailand, and Korea are the top castor oil export markets.
With almost 85% of the nation's total production, Gujarat is India's biggest castor seed producer.
The current price of castor seed per 100 kg is INR 6048.41.
India is the biggest producer and exporter of castor oil globally. Between 91 and 93 percent of the castor oil exported worldwide comes from it.
Yes, the castor oil industry is profitable, and numerous reports show that its growth trajectory is positive due to the growing demand for its various applications in the pharmaceutical, cosmetic, and industrial sectors—particularly with the growing trend towards natural and bio-based products.
