2023
Exports
$28.1MWorld Rnk 37 / 187
Flag Rnk 372 / 1202
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$85MWorld Rnk 19 / 223
Flag Rnk 322 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $28.1M in Other Pure Vegetable Oils, making it the 37th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 372nd most exported product in Singapore. The main destination of Other Pure Vegetable Oils exports from Singapore are: Australia ($3.85M), Indonesia ($3.14M), Gambia ($2.49M), Netherlands ($2.33M), and France ($1.98M).

The fastest growing export markets for Other Pure Vegetable Oils of Singapore between 2022 and 2023 were Djibouti ($727k), France ($608k), and Hong Kong ($531k).

Imports In 2023, Singapore imported $85M in Other Pure Vegetable Oils, becoming the 19th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 322nd most imported product in Singapore. Singapore imports Other Pure Vegetable Oils primarily from: Malaysia ($43.2M), United States ($16M), India ($10.2M), China ($4.93M), and Japan ($4.36M).

The fastest growing import markets in Other Pure Vegetable Oils for Singapore between 2022 and 2023 were China ($1.15M), Japan ($949k), and Australia ($244k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Pure Vegetable Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.1M
IMPORTS (2023)$85M
NET TRADE (2023)-$57M

In 2023, Singapore exported $28.1M in Other Pure Vegetable Oils. The main destinations of Singapore exports on Other Pure Vegetable Oils were Australia ($3.85M), Indonesia ($3.14M), Gambia ($2.49M), Netherlands ($2.33M), and France ($1.98M).

In 2023, Singapore imported $85M in Other Pure Vegetable Oils, mainly from Malaysia ($43.2M), United States ($16M), India ($10.2M), China ($4.93M), and Japan ($4.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Djibouti$727k (1%)
France$608k (44.4%)
Hong Kong$531k (96.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Singapore WERE (2022 - 2023):
Malaysia-$4.35M (-84.1%)
Fiji-$3.27M (-77.1%)
Russia-$1.63M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, Singapore's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $599k
TOP IMPORT POTENTIALIndia+ $7.13M

Other Pure Vegetable Oils’s highest export potential is Malaysia. With an export gap of $599k.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $7.13M.

See methodology.

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