Exports In 2023, Singapore exported $55.9B in Refined Petroleum, making it the 2nd 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: Indonesia ($9.27B), Malaysia ($8.87B), Australia ($8.23B), Burma ($3.25B), and New Zealand ($2.33B).
The fastest growing export markets for Refined Petroleum of Singapore between 2022 and 2023 were South Korea ($1.11B), Vietnam ($592M), and Mexico ($433M).
Imports In 2023, Singapore imported $55.7B 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 ($8.91B), China ($7.03B), India ($5.36B), South Korea ($4.49B), and Brazil ($4.01B).
The fastest growing import markets in Refined Petroleum for Singapore between 2022 and 2023 were Russia ($2.04B), India ($1.73B), and Kuwait ($1.3B).
COMPANIES In 2024, leading companies such as Callaway Golf (1) and Team Hardinger (1) were at the forefront of shipping Refined Petroleum from Singapore to the United States.