Exports In 2020, Singapore exported $27B 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 ($4.33B), Indonesia ($3.82B), Australia ($2.82B), Burma ($1.69B), and China ($1.39B).
The fastest growing export markets for Refined Petroleum of Singapore between 2019 and 2020 were Saudi Arabia ($440M), Paraguay ($303M), and Ethiopia ($217M).
Imports In 2020, Singapore imported $30.2B in Refined Petroleum, becoming the 2nd 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: Malaysia ($5.63B), China ($4.88B), India ($3.12B), Brazil ($2.24B), and South Korea ($1.91B).
The fastest growing import markets in Refined Petroleum for Singapore between 2019 and 2020 were Brazil ($804M), Brunei ($433M), and Qatar ($321M).