HS Icon Soybean Oil in  Flag Singapore

2021
Exports | Imports
: $51.6M | $28.9M, World Rnk 33 / 130
Flag Rnk 305 / 1195 | World Rnk 63 / 211
Flag Rnk 542 / 1206

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $14.2M | $6.21M, Angola |  Malaysia

2021
ECONOMIC COMPLEXITY of Singapore
: 1.74, Rnk 6 / 131

2021
PRODUCT COMPLEXITY IN Soybean Oil
: -1.11, Rnk 860 / 1024

Exports In 2021, Singapore exported $51.6M in Soybean Oil, making it the 33rd largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 305th most exported product in Singapore. The main destination of Soybean Oil exports from Singapore are: Mauritania ($16.4M), Angola ($16.1M), India ($10.9M), Mozambique ($3.18M), and Indonesia ($1.88M).

The fastest growing export markets for Soybean Oil of Singapore between 2020 and 2021 were Angola ($14.2M), Indonesia ($418k), and Maldives ($394k).

Imports In 2021, Singapore imported $28.9M in Soybean Oil, becoming the 63rd largest importer of Soybean Oil in the world. At the same year, Soybean Oil was the 542nd most imported product in Singapore. Singapore imports Soybean Oil primarily from: Malaysia ($15.8M), Italy ($7.98M), China ($3.34M), Thailand ($922k), and Chinese Taipei ($309k).

The fastest growing import markets in Soybean Oil for Singapore between 2020 and 2021 were Malaysia ($6.21M), Italy ($3.78M), and Thailand ($323k).

Jun 2023

Subnational Monthly Trade

#permalink to section
View
Flow
Y-AXIS SCALE

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 Soybean Oil. Countries are shown based on data availability.

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

Explore Latest Trends

Historical Data

#permalink to section
Color

EXPORTS (2021): $51.6M

IMPORTS (2021): $28.9M

NET TRADE (2021): $22.7M

In 2021, Singapore exported $51.6M in Soybean Oil. The main destinations of Singapore exports on Soybean Oil were Mauritania ($16.4M), Angola ($16.1M), India ($10.9M), Mozambique ($3.18M), and Indonesia ($1.88M).

In 2021, Singapore imported $28.9M in Soybean Oil, mainly from Malaysia ($15.8M), Italy ($7.98M), China ($3.34M), Thailand ($922k), and Chinese Taipei ($309k).

Explore Visualizations

Flow

THE FASTEST GROWING Soybean Oil EXPORT MARKETS FOR Singapore WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Oil BY Singapore WERE (2020 - 2021):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2021, Singapore's main exporting competitors in Soybean Oil were:

In 2021, Singapore's main importing competitors in Soybean Oil were:

Explore Visualizations