Overall, the value of imported cannabis oils increased by an average 9.6% for all buyer countries starting from $3.51 billion 5 years earlier in 2020.
Year over year, global spending on imported cannabis oils rose 5.2% compared to $3.65 billion for 2023.
The 5 largest buyers of imported cannabis oils are buyers in the United States of America, Germany, South Korea, Italy and France. Combined, that quintet of major importers spent over half (51.1%) of overall purchases for imported cannabis oils during 2024.
From a continental perspective, buyers in European countries spent the most on imported cannabis oils during 2024 with purchases costing $1.37 billion or 35.6% of the global total. In second place were importers located in North America at 33.5% while another 24% of cannabis oils imported worldwide arrived in Asia.
Smaller percentages went to buyers in Oceania (3.2%) led by Australia and New Zealand, Latin America (2.8%) excluding Mexico but including the Caribbean, then Africa (0.9%).
For research purposes, the 6-digit Harmonized Tariff System code prefix for cannabis oils is 130219 for cannabis oils, extracts and tinctures.
Cannabis Oils Imports by Country
Below are the 25 countries that paid the most for imported cannabis oils during 2024.
- United States: US$1.1 billion (29.8% of total imported cannabis oils)
- Germany: $306.9 million (8%)
- South Korea: $216.3 million (5.6%)
- Italy: $151.8 million (4%)
- France: $143.8 million (3.7%)
- Spain: $129.6 million (3.4%)
- Netherlands: $120.9 million (3.1%)
- Canada: $110 million (2.9%)
- Japan: $103.8 million (2.7%)
- Australia: $97.8 million (2.5%)
- mainland China: $96.8 million (2.5%)
- United Kingdom: $71.5 million (1.9%)
- Hong Kong: $68.6 million (1.8%)
- Taiwan: $62 million (1.6%)
- Poland: $58.2 million (1.5%)
- Belgium: $56.8 million (1.5%)
- Brazil: $55.1 million (1.4%)
- India: $54.3 million (1.4%)
- Switzerland: $41.7 million (1.1%)
- Ireland: $40.9 million (1.1%)
- Malaysia: $38.8 million (1%)
- Thailand: $37.3 million (1%)
- Austria: $34.4 million (0.9%)
- Mexico: $33.3 million (0.9%)
- United Arab Emirates: $32.5 million (0.8%)
By value, the listed 25 countries purchased 86.1% of all cannabis oils imported in 2024.
Among the above countries, the fastest-growing markets for cannabis oils since 2023 were: United Arab Emirates (up 43.9%), Taiwan (up 27.7%), United States of America (up 23.3%) and the United Kingdom (up 21.5%).
Those countries that posted declines in their imported cannabis oils purchases were led by: Hong Kong (down -55.5% from 2023), Mexico (down -13.5%), mainland China (down -12.5%) and South Korea (down -11.8%).
Cannabis Oils Imported into the United States
America’s global purchases of imported cannabis oils totaled US$1.14 billion in 2024. Below are the top 15 suppliers from which America imported the highest dollar value worth of cannabis oils during 2024. Within parenthesis is the percentage change in value for each supplying country since 2023.
- India: US$372.2 million (up 26% from 2023)
- mainland China: $327 million (up 33.3%)
- France: $99.3 million (up 15.3%)
- Spain: $82.6 million (up 26.8%)
- Italy: $73.9 million (up 32.2%)
- Mexico: $38.8 million (up 5.8%)
- Germany: $20.7 million (up 9.9%)
- Japan: $13.9 million (up 14.1%)
- South Korea: $12.6 million (up 48.4%)
- Chile: $11.7 million (up 53.1%)
- Brazil: $10.4 million (down -0.02%)
- Australia: $10.2 million (down -14%)
- Canada: $7.4 million (down -22.7%)
- Indonesia: $7.1 million (up 800.1%)
- Tanzania: $6.4 million (down -22.8%)
By value, the listed 15 countries shipped 95.6% of cannabis oils imported by the United States of America in 2024.
Among the above countries, the fastest-growing suppliers of cannabis oils to the United States since 2023 were: Indonesia (up 800.1%), Chile (up 53.1%), South Korea (up 48.4%) and mainland China (up 33.3%).
Countries that experienced declines in the value of their cannabis oils supplied to American importers were: Tanzania (down -22.8%), Canada (down -22.7%), Australia (down -14%) and Brazil (down -0.02%).
Overall, the value of America’s imported cannabis oils went up by an average 23.3% from all supplying countries since 2023 when cannabis oils purchased cost $928.2 million.
Cannabis Oils Imported into Germany
Germany’s global purchases of imported cannabis oils totaled US$306.9 million in 2024. Below are the top 15 suppliers from which Germany imported the highest dollar value worth of cannabis oils during 2024. Within parenthesis is the percentage change in value for each supplying country since 2023.
- Ireland: US$59.1 million (up 29.1% from 2023)
- mainland China: $50.2 million (up 21.8%)
- Spain: $41.2 million (down -0.3%)
- France: $37.5 million (up 18.6%)
- India: $22 million (up 31.8%)
- Switzerland: $18.8 million (down -1.4%)
- Madagascar: $11.6 million (up 7.8%)
- Netherlands: $10.2 million (up 28.5%)
- Kenya: $9.8 million (down -13.4%)
- Italy: $9.6 million (up 5.5%)
- Mexico: $5.2 million (down -17.6%)
- United States: $4.8 million (down -12.9%)
- Poland: $4.4 million (up 13.2%)
- South Africa: $3.6 million (up 83.2%)
- Indonesia: $2.3 million (up 662.2%)
By value, the listed 15 countries shipped 94.6% of cannabis oils imported by Germany in 2024.
Among the above countries, the fastest-growing suppliers of cannabis oils to Germany since 2023 were: Indonesia (up 662.2%), South Africa (up 83.2%), India (up 31.8%) and Ireland (up 29.1%).
Countries that experienced declines in the value of their cannabis oils supplied to German importers included: Mexico (down -17.6%), Kenya (down -13.4%), United States (down -12.9%) and Switzerland (down -1.4%).
Overall, the value of Germany’s imported cannabis oils rose by an average 13% from all supplying countries since 2023 when cannabis oils purchased cost $271.5 million.
Cannabis Oils Imported into South Korea
South Korea’s global purchases of imported cannabis oils totaled US$216.3 million in 2024. Below are the top 15 suppliers from which South Korea imported the highest dollar value worth of cannabis oils during 2024. Within parenthesis is the percentage change in value for each supplying country since 2023.
- mainland China: US$52.1 million (up 4.9% from 2023)
- Vietnam: $45.9 million (down -31.1%)
- India: $20.2 million (down -34.3%)
- Spain: $19.3 million (down -5.1%)
- Germany: $15.6 million (down -23.2%)
- United States: $14.8 million (down -13.1%)
- France: $13.5 million (up 4.3%)
- Mexico: $6.6 million (up 6.4%)
- Italy: $4.7 million (up 98.4%)
- Switzerland: $4.4 million (up 2.4%)
- Singapore: $3 million (up 51.8%)
- Japan: $2.5 million (up 13.7%)
- Brazil: $2.3 million (up 119.8%)
- Taiwan: $2.3 million (up 8,976%)
- Canada: $2.1 million (up 33.2%)
By value, the listed 15 countries shipped 96.4% of cannabis oils imported by South Korea in 2024.
Among the above countries, the fastest-growing suppliers of cannabis oils to South Korea since 2023 were: Taiwan (up 8,976%), Brazil (up 119.8%), Italy (up 98.4%) and Singapore (up 51.8%).
Countries that experienced declines in the value of their cannabis oils supplied to Korean importers included: India (down -34.3% from 2023), Vietnam (down -31.1%), Germany (down -23.2%) and the United States of America (down -13.1%).
Overall, the value of South Korea’s imported cannabis oils declined by an average -11.8% from all supplying countries since 2023 when cannabis oils purchased cost $245.4 million.
Cannabis Oils Imported into Italy
Italy’s global purchases of imported cannabis oils totaled US$151.8 million in 2024. Below are the top 15 suppliers from which Italy imported the highest dollar value worth of cannabis oils during 2024. Within parenthesis is the percentage change in value for each supplying country since 2023.
- mainland China: US$36.4 million (up 5.4% from 2023)
- France: $20.7 million (up 8.3%)
- India: $19 million (up 76.4%)
- Vietnam: $13.3 million (down -35.3%)
- Germany: $10.6 million (down -19.8%)
- Spain: $8.1 million (down -17.7%)
- Mexico: $6.3 million (up 25.8%)
- Australia: $6.1 million (up 61%)
- United States: $5.5 million (up 15.8%)
- Belgium: $4.9 million (down -21.4%)
- Rwanda: $3.4 million (down -4.7%)
- Netherlands: $2.2 million (down -57.2%)
- Ireland: $2.2 million (up 7.9%)
- Kenya: $2.1 million (up 26.3%)
- Cyprus: $1.8 million (up 73.6%)
By value, the listed 15 countries shipped 93.9% of cannabis oils imported by Italy in 2024.
Among the above countries, the fastest-growing suppliers of cannabis oils to Italy since 2023 were: India (up 76.4%), Cyprus (up 73.6%), Australia (up 61.0%) and Kenya (up 26.3%).
Countries that experienced declines in the value of their cannabis oils supplied to Italian importers included: Netherlands (down -57.2% from 2023), Vietnam (down -35.3%), Belgium (down -21.4%) and Germany (down -19.8%).
Overall, the value of Italy’s imported cannabis oils slowed by an average -1.5% from all supplying countries since 2023 when cannabis oils purchased cost $154.2 million.
See also Imports of Drugs and Medicines by Country, Sugar Imports by Country and Top Cannabis Oils Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Imports – Commodities. Accessed on December 19, 2025
Cision, Companies That Stand to Benefit From Record Growth in CBD Market (press release). Accessed on December 19, 2025
International Trade Centre, Trade Map. Accessed on December 19, 2025
Investopedia, Net Exports Definition. Accessed on December 19, 2025
The Motley Fool, The 10 Largest Marijuana Stocks… by Sean Williams. Accessed on December 19, 2025
The Street, 5 Cannabis Products on the Rise… by Steve Fiorillo. Accessed on December 19, 2025
Wikipedia, Hash oil. Accessed on December 19, 2025