India's vegetable oil imports bill fell by $2.02 billion, or 11.4%, to $15.7 billion in 2023-24 (Nov-Oct), the second successive year of decline, due to lower imports and sharp fall in palm oil, soyoil and sunflower oil prices globally. The country imported vegetable oil worth $17.72 billion in 2022-23 and $21.12 billion in 2021-22, the data from the commerce ministry showed.