Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Singapore | Imports and Exports | World | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." from Singapore totalled $ 10.4 million in 2023. Sales of commodity group 0405 from Singapore decreased by 2.82% in value terms compared to 2022. exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." decreased by $ 304 thousand (cumulative exports of commodity group 0405 from Singapore amounted $10.7 million in 2022)

Exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." amounted to 0.002% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 0405 in total exports from Singapore decreased by 0 p.p. compared to 2022 (it was 0.002% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 0405 amounted to 3.83% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $272 million in 2023). The share of exports of commodity group 0405 in sales of commodity group from Singapore increased by 0.658 p.p. compared to 2022 (it was 3.17% in 2022, and exports of commodity group from Singapore were $339 million).

Where does Singapore export Butter and other fats and oils derived from milk; dairy spreads.?

Top export destinations of "Butter and other fats and oils derived from milk; dairy spreads." from Singapore in 2023:

  • Japan with a share of 51% (5.39 million US$)
  • Malaysia with a share of 12.2% (1.28 million US$)
  • Philippines with a share of 7.87% (824 thousand US$)
  • Thailand with a share of 6.88% (720 thousand US$)
  • Hong Kong with a share of 6.54% (684 thousand US$)
  • Egypt with a share of 3.91% (409 thousand US$)
  • Brunei with a share of 1.77% (185 thousand US$)
  • Australia with a share of 1.72% (180 thousand US$)
  • China with a share of 1.6% (167 thousand US$)
  • Maldives with a share of 1.19% (125 thousand US$)

Exports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - from Singapore in 2023 represented by the following main commodity groups:

  • 74% (7.76 million US$): 040510 - Butter
  • 23% (2.46 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
  • 2.14% (224 thousand US$): 040520 - Dairy spreads

The value of imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." to Singapore totalled $ 109 million in 2023. Sales of commodity group 0405 to Singapore went up by 0.197% compared to 2022: imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." went up by $ 215 thousand (the value of imports of commodity group 0405 to Singapore was equal to $108 million in 2022)

Imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." accounted for 0.025% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 0405 in total imports to Singapore increased by 0.002 p.p. compared to 2022 (it was 0.022% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 0405 reached 9.37% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $1.16 billion in 2023). The share of purchases of commodity group 0405 in total imports of commodity group to Singapore increased by 1.3 p.p. compared to 2022 (it was 8.06% in 2022, and imports of commodity group to Singapore accounted for $1.34 billion).

Where does Singapore import Butter and other fats and oils derived from milk; dairy spreads. from?

Top trading partners (import of "Butter and other fats and oils derived from milk; dairy spreads.") of Singapore in 2023:

  • New Zealand with a share of 43% (47 million US$)
  • France with a share of 14.2% (15.5 million US$)
  • Netherlands with a share of 9.94% (10.8 million US$)
  • India with a share of 9.16% (10 million US$)
  • Denmark with a share of 8.36% (9.12 million US$)
  • Australia with a share of 5.56% (6.07 million US$)
  • Ireland with a share of 1.81% (1.98 million US$)
  • Malaysia with a share of 1.57% (1.71 million US$)
  • United Kingdom with a share of 1.35% (1.47 million US$)
  • Belgium with a share of 1.24% (1.35 million US$)

Imports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - to Singapore in 2023 represented by the following main commodity groups:

  • 81% (88 million US$): 040510 - Butter
  • 18.3% (19.9 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
  • 0.474% (518 thousand US$): 040520 - Dairy spreads

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Singapore | Imports and Exports | World | Butter,  dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023