Peanut (groundnut) Oil Prices in US
| Variety | Market level | Price (US$/kg) | Price (US$/lb) | Local (USD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|---|
| - | Global benchmark | 1.84 | 0.83 | - | ▼ 3.7% | ▲ 8.9% | World Bank Pink Sheet |
| - | Export (unit value) | 3.15 | 1.43 | - | ▲ 12.7% | ▲ 12.7% | UN Comtrade (unit value) |
As of June 2026, the peanut (groundnut) oil price in US available is US$ 3.15 per kg (US$ 1.43 / lb), up 12.7% year-on-year.
The US exported 1,663 tonnes of peanut (groundnut) oil in 2024, valued at US$4,656,344, ranking #8 among 47 global exporters and accounting for 0.9% of world exports. Export volume increased by 22.9% year-on-year, and the US is a net exporter of this commodity. The latest export unit value is US$3.1537 per kg.
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Peanut (groundnut) Oil Price History & Trend
Global benchmark (world reference) price for peanut (groundnut) oil, US$ per kg.
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Production, Exports, Imports & HS Codes - peanut (groundnut) oil in US
The US exported 1,663 tonnes of peanut (groundnut) oil in 2024, valued at US$4,656,344, ranking #8 among 47 global exporters and accounting for 0.9% of world exports. Export volume increased by 22.9% year-on-year, and the US is a net exporter of this commodity. The latest export unit value is US$3.1537 per kg.
Exports UN Comtrade · 2024
In 2024, US exported $4.7M (1.7 kt) of peanut (groundnut) oil▲ 22.9% YoY. That ranks #8 worldwide (0.9% of global exports).
Export value by year (US$)
Export volume by year
Top peanut (groundnut) oil exporters worldwide UN Comtrade · 2024
- #1 India $339.1M · 63.3%
- #2 Brazil $88.7M · 16.6%
- #3 Nicaragua $29.1M · 5.4%
- #4 Netherlands $22.2M · 4.2%
- #5 Argentina $21.9M · 4.1%
Annual export data US · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $4.7M | 1.7 kt | $2.8 |
| 2023 | $3.8M | 1.9 kt | $2.02 |
| 2022 | $8.2M | 4.4 kt | $1.85 |
| 2021 | $15.7M | 9.9 kt | $1.59 |
| 2020 | $17.2M | 11.1 kt | $1.55 |
HS Code
peanut (groundnut) oil is traded under Harmonized System code 1508.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.