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2022
Exports $141kWorld Rnk 32 / 99
Flag Rnk 1080 / 1198
2022
Destination $88.8k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $88.8kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $2.44MWorld Rnk 14 / 185
Flag Rnk 987 / 1213
2022
Origin $227k India
2021 - 2022
FASTEST GROWING ORIGIN $227kUnited States
2022
ECONOMIC COMPLEXITY of Singapore1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $141k in Ground Nut Oil, making it the 32nd largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1080th most exported product in Singapore. The main destination of Ground Nut Oil exports from Singapore are: United Kingdom ($88.8k), Philippines ($28.9k), Malaysia ($8.11k), Indonesia ($6.96k), and Australia ($4k).

The fastest growing export markets for Ground Nut Oil of Singapore between 2021 and 2022 were United Kingdom ($88.8k), Philippines ($28.6k), and Australia ($2.04k).

Imports In 2022, Singapore imported $2.44M in Ground Nut Oil, becoming the 14th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 987th most imported product in Singapore. Singapore imports Ground Nut Oil primarily from: India ($900k), Malaysia ($853k), United States ($344k), Belgium ($119k), and Italy ($68.7k).

The fastest growing import markets in Ground Nut Oil for Singapore between 2021 and 2022 were United States ($227k), Belgium ($119k), and India ($45.7k).

Latest Trends

Oct 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 Ground Nut 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 (2022)$141k
IMPORTS (2022)$2.44M
NET TRADE (2022)-$2.3M

In 2022, Singapore exported $141k in Ground Nut Oil. The main destinations of Singapore exports on Ground Nut Oil were United Kingdom ($88.8k), Philippines ($28.9k), Malaysia ($8.11k), Indonesia ($6.96k), and Australia ($4k).

In 2022, Singapore imported $2.44M in Ground Nut Oil, mainly from India ($900k), Malaysia ($853k), United States ($344k), Belgium ($119k), and Italy ($68.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United Kingdom$88.8k (1%)
Philippines$28.6k (9.87k%)
Australia$2.04k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Singapore WERE (2021 - 2022):
Sri Lanka-$25.3k (-100%)
Brunei-$1.27k (-100%)
Thailand-$406 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Singapore's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $7.33k
TOP IMPORT POTENTIALIndia+ $239k

Ground Nut Oil’s highest export potential is Malaysia. With an export gap of $7.33k.   Ground Nut Oil’s highest import potential is India with an import gap of $239k.

See methodology.

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