EU has increased soybean and rapeseed imports and reduced oil imports since the start of the season
According to the European Commission, the EU’s total oilseed imports in 2024/25 are higher than last year, but vegetable oil imports are below the same period last year.
As of 20 April, the EU-27’s soybean imports in 2024/25 (starting from 1 July) amounted to around 11.22 million tonnes, up 9% on the same period in 2023/24 and 8% higher than the previous week.
The EU’s rapeseed imports on that date amounted to around 5.41 million tonnes, up 14% year-on-year and 16% higher than the previous week.
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