Exports In 2022, Singapore exported $62.9B in Refined Petroleum, making it the 5th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Singapore. The main destination of Refined Petroleum exports from Singapore are: Malaysia ($11.2B), Australia ($10.4B), Indonesia ($9.29B), Burma ($3.55B), and Bangladesh ($2.45B).
The fastest growing export markets for Refined Petroleum of Singapore between 2021 and 2022 were Malaysia ($4.87B), Australia ($3.77B), and Indonesia ($3.23B).
Imports In 2022, Singapore imported $58.5B in Refined Petroleum, becoming the 2nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Singapore. Singapore imports Refined Petroleum primarily from: Malaysia ($10.1B), China ($8.48B), South Korea ($7.15B), Brazil ($5.79B), and India ($4.69B).
The fastest growing import markets in Refined Petroleum for Singapore between 2021 and 2022 were China ($3.21B), South Korea ($2.84B), and Brazil ($2.01B).
COMPANIES In 2023, leading companies such as Team Hardinger (1) were at the forefront of shipping Refined Petroleum from Singapore to the United States.