2022
Exports
$18.3MWorld Rnk 35 / 113
Flag Rnk 475 / 1198
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$35.9MWorld Rnk 35 / 208
Flag Rnk 534 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $18.3M in Rapeseed Oil, making it the 35th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 475th most exported product in Singapore. The main destination of Rapeseed Oil exports from Singapore are: Philippines ($11.9M), Malaysia ($2.93M), Indonesia ($1.2M), Fiji ($598k), and Vietnam ($452k).

The fastest growing export markets for Rapeseed Oil of Singapore between 2021 and 2022 were Philippines ($4.34M), Malaysia ($2.91M), and Vietnam ($183k).

Imports In 2022, Singapore imported $35.9M in Rapeseed Oil, becoming the 35th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 534th most imported product in Singapore. Singapore imports Rapeseed Oil primarily from: Malaysia ($16M), United Arab Emirates ($14.9M), Australia ($3.41M), Bangladesh ($364k), and Sweden ($328k).

The fastest growing import markets in Rapeseed Oil for Singapore between 2021 and 2022 were United Arab Emirates ($6.18M), Australia ($1.64M), and Malaysia ($1.2M).

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 Rapeseed 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)$18.3M
IMPORTS (2022)$35.9M
NET TRADE (2022)-$17.7M

In 2022, Singapore exported $18.3M in Rapeseed Oil. The main destinations of Singapore exports on Rapeseed Oil were Philippines ($11.9M), Malaysia ($2.93M), Indonesia ($1.2M), Fiji ($598k), and Vietnam ($452k).

In 2022, Singapore imported $35.9M in Rapeseed Oil, mainly from Malaysia ($16M), United Arab Emirates ($14.9M), Australia ($3.41M), Bangladesh ($364k), and Sweden ($328k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Philippines$4.34M (57.1%)
Malaysia$2.91M (13.7k%)
Vietnam$183k (68.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Singapore WERE (2021 - 2022):
China-$120k (-52.5%)
Indonesia-$108k (-8.22%)
Sri Lanka-$95.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Singapore's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $841k
TOP IMPORT POTENTIALGermany+ $368k

Rapeseed Oil’s highest export potential is Malaysia. With an export gap of $841k.   Rapeseed Oil’s highest import potential is Germany with an import gap of $368k.

See methodology.

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