Palm Oil in Singapore | OEC - The Observatory of Economic Complexity

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Exports In 2021, Singapore exported $518M in Palm Oil, making it the 7th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 88th most exported product in Singapore. The main destination of Palm Oil exports from Singapore are: India ($370M), Israel ($22.2M), Malaysia ($19.8M), Nigeria ($16.8M), and Kenya ($16.7M).

The fastest growing export markets for Palm Oil of Singapore between 2020 and 2021 were India ($184M), Kenya ($14.6M), and Israel ($14.3M).

Imports In 2021, Singapore imported $234M in Palm Oil, becoming the 43rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 171st most imported product in Singapore. Singapore imports Palm Oil primarily from: Malaysia ($172M), Indonesia ($57.9M), Philippines ($3.65M), Chinese Taipei ($13.2k), and India ($7.93k).

The fastest growing import markets in Palm Oil for Singapore between 2020 and 2021 were Malaysia ($9.18M), Philippines ($3.65M), and Chinese Taipei ($7.71k).

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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 Palm Oil. Countries are shown based on data availability.

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

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Year

EXPORTS (2021): $518M

IMPORTS (2021): $234M

NET TRADE (2021): $284M

In 2021, Singapore exported $518M in Palm Oil. The main destinations of Singapore exports on Palm Oil were India ($370M), Israel ($22.2M), Malaysia ($19.8M), Nigeria ($16.8M), and Kenya ($16.7M).

In 2021, Singapore imported $234M in Palm Oil, mainly from Malaysia ($172M), Indonesia ($57.9M), Philippines ($3.65M), Chinese Taipei ($13.2k), and India ($7.93k).