Exports In 2022, Singapore exported $613M in Palm Oil, making it the 8th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 71st most exported product in Singapore. The main destination of Palm Oil exports from Singapore are: India ($421M), Kenya ($36.2M), Israel ($34M), Malaysia ($30.2M), and United States ($15M).
The fastest growing export markets for Palm Oil of Singapore between 2021 and 2022 were Kenya ($19.4M), India ($14.4M), and Israel ($11.7M).
Imports In 2022, Singapore imported $352M in Palm Oil, becoming the 34th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 138th most imported product in Singapore. Singapore imports Palm Oil primarily from: Malaysia ($227M), Indonesia ($106M), Philippines ($17.6M), Colombia ($849k), and United States ($12.5k).
The fastest growing import markets in Palm Oil for Singapore between 2021 and 2022 were Malaysia ($56.2M), Indonesia ($48.2M), and Philippines ($13.9M).
COMPANIES In 2023, leading companies such as Chevron (7) were at the forefront of shipping Palm Oil from Singapore to the United States.