Paper

India is the world's leading importer and consumer of edible oils in the world. Of the total 5.0-5.5 million tons of vegetable oils imported by India annually, 1.3-1.5 million tons is soyabean oil, imported mostly form Argentina, Brazil and US , nearly 3 million tons of palm oil is purchased from Malaysia and Indonesia. While US has a strong domestic consumption base and mostly exports soyabean in addition to oil, Argentina and Brazil exports much of their production, mostly in the form of crude oil. China and India, though being producers themselves, import soyabean/its derivatives to cater to their expanding consumer base. While China imports both bean and oil, India allows only imports of oil. India is the world's leading importer and consumer of edible oils in the world. Of the total 5.0-5.5 million tons of vegetable oils imported by India annually, 1.3-1.5 million tons is soyabean oil, imported mostly form Argentina, Brazil and US , nearly 3 million tons of palm oil is purchased from Malaysia and Indonesia. While US has a strong domestic consumption base and mostly exports soyabean in addition to oil, Argentina and Brazil exports much of their production, mostly in the form of crude oil. China and India, though being producers themselves, import soyabean/its derivatives to cater to their expanding consumer base. While China imports both bean and oil, India allows only imports of oil. 



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