2022
Exports
$72.2MWorld Rnk 14 / 153
Flag Rnk 260 / 1198
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$72.4MWorld Rnk 26 / 214
Flag Rnk 387 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $72.2M in Other Vegetable Oils, making it the 14th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 260th most exported product in Singapore. The main destination of Other Vegetable Oils exports from Singapore are: China ($20.2M), Israel ($15.7M), Indonesia ($8.21M), Algeria ($6.67M), and Russia ($4.08M).

The fastest growing export markets for Other Vegetable Oils of Singapore between 2021 and 2022 were Israel ($8.76M), China ($5.79M), and Russia ($2.66M).

Imports In 2022, Singapore imported $72.4M in Other Vegetable Oils, becoming the 26th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 387th most imported product in Singapore. Singapore imports Other Vegetable Oils primarily from: Malaysia ($35.6M), Indonesia ($22.5M), Australia ($7.82M), New Zealand ($1.92M), and Philippines ($1.72M).

The fastest growing import markets in Other Vegetable Oils for Singapore between 2021 and 2022 were Indonesia ($20.3M), Malaysia ($9.01M), and Australia ($7.51M).

Latest Trends

Nov 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 Other Vegetable Oils. 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)$72.2M
IMPORTS (2022)$72.4M
NET TRADE (2022)-$205k

In 2022, Singapore exported $72.2M in Other Vegetable Oils. The main destinations of Singapore exports on Other Vegetable Oils were China ($20.2M), Israel ($15.7M), Indonesia ($8.21M), Algeria ($6.67M), and Russia ($4.08M).

In 2022, Singapore imported $72.4M in Other Vegetable Oils, mainly from Malaysia ($35.6M), Indonesia ($22.5M), Australia ($7.82M), New Zealand ($1.92M), and Philippines ($1.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Israel$8.76M (127%)
China$5.79M (40.1%)
Russia$2.66M (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Singapore WERE (2021 - 2022):
Algeria-$3.78M (-36.2%)
Thailand-$2.98M (-96.7%)
United States-$1.8M (-67.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Other Vegetable Oils were:
In 2022, Singapore's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.88M
TOP IMPORT POTENTIALMalaysia+ $5.87M

Other Vegetable Oils’s highest export potential is China. With an export gap of $2.88M.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $5.87M.

See methodology.

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