2023
Exports
$22.3MWorld Rnk 21 / 151
Flag Rnk 401 / 1202
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$27.2MWorld Rnk 31 / 210
Flag Rnk 558 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $22.3M in Coconut Oil, making it the 21st largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 401st most exported product in Singapore. The main destination of Coconut Oil exports from Singapore are: Germany ($9.72M), Malaysia ($5.05M), Japan ($1.21M), Pakistan ($912k), and Australia ($897k).

The fastest growing export markets for Coconut Oil of Singapore between 2022 and 2023 were Kenya ($351k), Tanzania ($345k), and Pakistan ($300k).

Imports In 2023, Singapore imported $27.2M in Coconut Oil, becoming the 31st largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 558th most imported product in Singapore. Singapore imports Coconut Oil primarily from: Indonesia ($11.8M), Malaysia ($9.91M), Philippines ($2.78M), Germany ($1.16M), and India ($879k).

The fastest growing import markets in Coconut Oil for Singapore between 2022 and 2023 were Germany ($1.16M), Japan ($150k), and India ($99.5k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Coconut Oil. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$22.3M
IMPORTS (2023)$27.2M
NET TRADE (2023)-$4.95M

In 2023, Singapore exported $22.3M in Coconut Oil. The main destinations of Singapore exports on Coconut Oil were Germany ($9.72M), Malaysia ($5.05M), Japan ($1.21M), Pakistan ($912k), and Australia ($897k).

In 2023, Singapore imported $27.2M in Coconut Oil, mainly from Indonesia ($11.8M), Malaysia ($9.91M), Philippines ($2.78M), Germany ($1.16M), and India ($879k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Kenya$351k (164%)
Tanzania$345k (1%)
Pakistan$300k (49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Singapore WERE (2022 - 2023):
Germany-$10.2M (-51.2%)
United States-$7.36M (-93.8%)
Malaysia-$5.24M (-51%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Coconut Oil were:
In 2023, Singapore's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.63M
TOP IMPORT POTENTIALMalaysia+ $7.33M

Coconut Oil’s highest export potential is Malaysia. With an export gap of $2.63M.   Coconut Oil’s highest import potential is Malaysia with an import gap of $7.33M.

See methodology.

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