Commodity Origins

How much sunflower oil does Argentina produce and export?

Argentina is the 3rd largest producer of sunflower oil: 1.7 million tonnes in 2023, 7.5% of the world's 22.7 million tonnes (FAOSTAT). It is the 5th largest exporter by value: $888.8 million in 2024, 4.7% of world exports of sunflower and safflower oil (HS 1512) (CEPII BACI). Its biggest customer is India, which takes 40% of its sunflower oil exports by value.

All about sunflower oil · All about Argentina · Sunflower oil price history

Argentina's sunflower oil production

Argentina sunflower oil production, 2023
World rankProduction (tonnes)Share of worldTen-year growthYear
31.7 million tonnes7.5%+4.8% a year2023

FAOSTAT Crops and livestock products (QCL), 2023. World total is the sum of reporting countries.

Argentina sunflower oil production monthly prices, tonnes, Jan 1961 to Jan 2023Line chart of argentina sunflower oil production monthly prices in tonnes from Jan 1961 to Jan 2023: Argentina sunflower oil production from 165,089 to 1,709,511, peaking at 2,471,600.0500,0001,000,0001,500,0002,000,0002,500,000196519701975198019851990199520002005201020152020tonnes
Argentina sunflower oil production

Share of world output over time

Argentina's share of world sunflower oil production in selected years
19902000201020202023
18%22%9%5.2%7.5%

Average annual share by decade: 1960s 8.5%, 1970s 9.4%, 1980s 14%, 1990s 21%, 2000s 15%, 2010s 8%, 2020s 6.9%. See the concentration-over-time report.

Argentina's sunflower oil exports

Argentina exports of Sunflower-seed, safflower or cotton-seed oil, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
5$888.8 million4.7%855,134 t$1,0392024

CEPII BACI international trade database (HS22, V202601), HS 1512 (Sunflower-seed, safflower or cotton-seed oil).

Where Argentina's sunflower oil goes

Largest destinations of Argentina's sunflower oil exports, 2024
DestinationValueShare of Argentina's exports
India$354M40%
Chile$140M16%
Iraq$53M6%
Brazil$52M5.8%
Mexico$47M5.3%

Largest five destinations of 3,068 exporter-importer pairs BACI reports for 2024. See trade flows.

How much sunflower oil Argentina uses

Argentina's domestic supply of sunflower oil was 801 thousand tonnes in 2023, 3.7% of the world's. Food supply was 12 kg per person a year, 5th highest of 142 countries with a million or more people. It produced 213% of what it used (self-sufficiency) and imported 0%. FAO's item is "Sunflowerseed oil". Consumption · Self-sufficiency.

The sunflower oil price Argentina sells into

The benchmark price, Sunflower oil, EU port, was $1,390/t in September 2026, up 6% over twelve months. Its five-year volatility is 28% a year, calmer in 67% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Sunflower oil price history.

Cite as: Commodity Origins, "Argentina sunflower oil: production, exports and prices", https://commodityorigins.com/countries/ARG/sunflower-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.