Singapore | Imports and Exports | World | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Singapore totalled $ 58 billion in 2023. Sales of commodity group 27 from Singapore decreased by 10.3% in value terms compared to 2022. exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 6.78 billion (cumulative exports of commodity group 27 from Singapore amounted $65 billion in 2022)
Exports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" amounted to 12.3% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 27 in total exports from Singapore decreased by 0.365 p.p. compared to 2022 (it was 12.7% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Where does Singapore export Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes?
Top export destinations of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" from Singapore in 2023:
- Malaysia with a share of 19.6% (11.5 billion US$)
- Indonesia with a share of 17.1% (10.1 billion US$)
- Australia with a share of 12.2% (7.18 billion US$)
- China with a share of 6.08% (3.58 billion US$)
- USA with a share of 4.76% (2.8 billion US$)
- Myanmar with a share of 4.25% (2.5 billion US$)
- Vietnam with a share of 3.9% (2.29 billion US$)
- New Zealand with a share of 3.05% (1.79 billion US$)
- Korea with a share of 3.01% (1.77 billion US$)
- Philippines with a share of 2.92% (1.71 billion US$)
Exports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - from Singapore in 2023 represented by the following main commodity groups:
- 96% (56 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 2.44% (1.43 billion US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
- 0.472% (278 million US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.269% (158 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.065% (38 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.011% (6.59 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.006% (3.92 million US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 0.001% (691 thousand US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0% (472 thousand US$): 2705 - Coal gas, water gas, producer gas and similar gases, other than petroleum gases and other gaseous hydrocarbons
- 0% (467 thousand US$): 2716 - Electrical energy. (optional heading)
The value of imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" to Singapore totalled $ 87 billion in 2023. Sales of commodity group 27 to Singapore decreased by 17% in value terms compared to 2022. imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" decreased by $ 17.9 billion (the value of imports of commodity group 27 to Singapore was equal to $105 billion in 2022)
Imports of commodity group 27 "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" accounted for 20% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 27 in total imports to Singapore decreased by 1.46 p.p. compared to 2022 (it was 22% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Where does Singapore import Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes from?
Top trading partners (import of "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes") of Singapore in 2023:
- United Arab Emirates with a share of 12.1% (10.6 billion US$)
- Malaysia with a share of 12% (10.5 billion US$)
- USA with a share of 10% (8.76 billion US$)
- China with a share of 8.59% (7.5 billion US$)
- Qatar with a share of 6.13% (5.36 billion US$)
- Brazil with a share of 5.44% (4.75 billion US$)
- Saudi Arabia with a share of 5.4% (4.71 billion US$)
- Korea with a share of 5.34% (4.66 billion US$)
- Indonesia with a share of 4.43% (3.87 billion US$)
- Russia with a share of 3.92% (3.42 billion US$)
Imports structure of 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes - to Singapore in 2023 represented by the following main commodity groups:
- 60% (53 billion US$): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
- 31% (27 billion US$): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
- 6.76% (5.91 billion US$): 2711 - Petroleum gases and other gaseous hydrocarbons
- 0.837% (730 million US$): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
- 0.09% (78 million US$): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
- 0.012% (10.6 million US$): 2716 - Electrical energy. (optional heading)
- 0.01% (9 million US$): 2712 - Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured
- 0.008% (7.15 million US$): 2714 - Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
- 0.003% (3.16 million US$): 2715 - Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs)
- 0.003% (2.74 million US$): 2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals
