The Solvent Extractors' Association of India (SEA) in its report said that export of oilmeals declined 22% for the month of February 2026 provisionally to 257,961 tons as compared to 330,319 tons in February 2025. The overall export of oilmeals during April 2025 to February 2026 reported at 3,493,823 tons compared to 3,933,349 tons during the same period of last year i.e. down by 11%. 

The escalating conflict between the United States/ Israel and Iran has significantly disrupted India's oilmeal exports, particularly to the Middle East and Europe, due to instability around the Strait of Hormuz and the Red Sea. Roughly 20% of India's oilmeal exports, destined for the Middle East, and 15% destined for Europe, are at risk due to logistics and shipping disruptions.

During April 2025 to February 2026, China imported 779,016 tons of oilmeals as compared to 38,240 tons in April 2024 to February 2025; consisting of 771,435 tons of rapeseed meal and 7,581 tons of castorseed meal. South Korea imported 336,222 tons of oilmeals in April 2025 to February 2026 period as compared to 614,545 tons in April 2024 to February 2025; consisting of 136,501 tons of rapeseed meal, 147,733 tons of castorseed meal and 51,988 tons of soybean meal. 

Bangladesh sourcing rapeseed meal and soybean meal from India and imported 346,118 tons of oilmeals as compared to 689,380 tons in April 2024 to February 2025; consisting of 223.906 tons of rapeseed meal and 122,212 tons of soybean meal. Germany and France (European countries) has turned out to be a major importer of Soybean meal from India and imported 178,741 tons and 136,547 tons respectively.