HS Icon Refined Petroleum in  Flag Singapore

2019
Exports | Imports
: $43.1B | $41.4B, World Rnk 4 / 214
Flag Rnk 2 / 1197 | World Rnk 3 / 225
Flag Rnk 2 / 1207

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $319M | $734M, United States |  United Arab Emirates

2019
ECONOMIC COMPLEXITY of Singapore
: 1.78, Rnk 6 / 147

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports In 2019, Singapore exported $43.1B in Refined Petroleum, making it the 4th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Singapore. The main destination of Refined Petroleum exports from Singapore are: Malaysia ($8.03B), Indonesia ($7.52B), Australia ($4.62B), China ($2.77B), and Hong Kong ($2.58B).

The fastest growing export markets for Refined Petroleum of Singapore between 2018 and 2019 were United States ($319M), France ($315M), and Philippines ($309M).

Imports In 2019, Singapore imported $41.4B in Refined Petroleum, becoming the 3rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Singapore. Singapore imports Refined Petroleum primarily from: China ($7.85B), Malaysia ($6B), India ($3.71B), South Korea ($3.65B), and United Arab Emirates ($3.23B).

The fastest growing import markets in Refined Petroleum for Singapore between 2018 and 2019 were United Arab Emirates ($734M), Kuwait ($351M), and Brazil ($308M).

Historical Data

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EXPORTS (2019): $43.1B

IMPORTS (2019): $41.4B

NET TRADE (2019): $1.66B

In 2019, Singapore exported $43.1B in Refined Petroleum. The main destinations of Singapore exports on Refined Petroleum were Malaysia ($8.03B), Indonesia ($7.52B), Australia ($4.62B), China ($2.77B), and Hong Kong ($2.58B).

In 2019, Singapore imported $41.4B in Refined Petroleum, mainly from China ($7.85B), Malaysia ($6B), India ($3.71B), South Korea ($3.65B), and United Arab Emirates ($3.23B).

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IN 2019, Singapore HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Singapore HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Singapore WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Singapore WERE (2018 - 2019):

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Market Concentration

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In 2019, Singapore's main exporting competitors in Refined Petroleum were:

In 2019, Singapore's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2018, the tariffs for Refined Petroleum in the imports of Singapore were of 0% around the world.