Singapore | Imports and Exports | World | Margarine | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" from Singapore totalled $ 133 million in 2023. Sales of commodity group 1517 from Singapore decreased by 22% in value terms compared to 2022. exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" decreased by $ 39 million (cumulative exports of commodity group 1517 from Singapore amounted $172 million in 2022)
Exports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" amounted to 0.028% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 1517 in total exports from Singapore decreased by 0.005 p.p. compared to 2022 (it was 0.033% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Exports of commodity group 1517 amounted to 36% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $362 million in 2023). The share of exports of commodity group 1517 in sales of commodity group from Singapore lowered by 0.243 p.p. compared to 2022 (it was 37% in 2022, and exports of commodity group from Singapore were $465 million).
Where does Singapore export Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16?
Top export destinations of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" from Singapore in 2023:
- Japan with a share of 16.5% (22 million US$)
- Korea with a share of 13.4% (17.9 million US$)
- Malaysia with a share of 7.36% (9.85 million US$)
- Indonesia with a share of 7.1% (9.5 million US$)
- Other Asia, nes with a share of 6.73% (9 million US$)
- Saudi Arabia with a share of 5.43% (7.26 million US$)
- Thailand with a share of 5.02% (6.72 million US$)
- China with a share of 4.91% (6.57 million US$)
- Senegal with a share of 4.19% (5.61 million US$)
- Australia with a share of 4.04% (5.4 million US$)
Exports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - from Singapore in 2023 represented by the following main commodity groups:
- 75% (101 million US$): 151790 - Edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, n.e.c. in heading 1517, other than edible fats and oils or their fractions of heading 15.16
- 24% (32 million US$): 151710 - Margarine (excl. liquid margarine)
The value of imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" to Singapore totalled $ 76 million in 2023. Sales of commodity group 1517 to Singapore decreased by 37% in value terms compared to 2022. imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" decreased by $ 46 million (the value of imports of commodity group 1517 to Singapore was equal to $123 million in 2022)
Imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" accounted for 0.018% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 1517 in total imports to Singapore decreased by 0.007 p.p. compared to 2022 (it was 0.026% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Imports of commodity group 1517 reached 2.8% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $2.73 billion in 2023). The share of purchases of commodity group 1517 in imports of commodity group to Singapore went down by 1.33 p.p. compared to 2022 (it was 4.14% in 2022, and imports of commodity group to Singapore accounted for $2.98 billion).
Where does Singapore import Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 from?
Top trading partners (import of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16") of Singapore in 2023:
- Malaysia with a share of 41% (31 million US$)
- Indonesia with a share of 35% (27 million US$)
- USA with a share of 15.2% (11.7 million US$)
- Australia with a share of 2.63% (2.02 million US$)
- India - 702 thousand US$
- Japan - 575 thousand US$
- Norway - 532 thousand US$
- Netherlands - 407 thousand US$
- Thailand - 377 thousand US$
- Italy - 351 thousand US$
Imports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - to Singapore in 2023 represented by the following main commodity groups:
- 79% (61 million US$): 151790 - Edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, n.e.c. in heading 1517, other than edible fats and oils or their fractions of heading 15.16
- 20% (15.4 million US$): 151710 - Margarine (excl. liquid margarine)
