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 | Petroleum oils and oils obtained from bituminous minerals, crude | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 2709 "Petroleum oils and oils obtained from bituminous minerals, crude" from Singapore totalled $ 3.92 million in 2023. Sales of commodity group 2709 from Singapore went up by 2.2 thousand% compared to 2022: exports of commodity group 2709 "Petroleum oils and oils obtained from bituminous minerals, crude" went up by $ 3.75 million (cumulative exports of commodity group 2709 from Singapore amounted $170 thousand in 2022)

Exports of commodity group 2709 amounted to 0.006% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $58 billion in 2023). The share of exports of commodity group 2709 in sales of commodity group from Singapore increased by 0.006 p.p. compared to 2022 (it was 0% in 2022, and exports of commodity group from Singapore were $65 billion).

Where does Singapore export Petroleum oils and oils obtained from bituminous minerals, crude?

Top export destinations of "Petroleum oils and oils obtained from bituminous minerals, crude" from Singapore in 2023:

  • Japan with a share of 77% (3.02 million US$)
  • Malaysia with a share of 22% (881 thousand US$)
  • Netherlands - 14.4 thousand US$
  • Australia - 4.78 thousand US$
  • USA - 455 US$
  • France - 204 US$
  • Indonesia - 160 US$
  • Canada - 120 US$
  • Papua New Guinea - 40 US$
  • Thailand - 29 US$

Exports structure of 2709 - Petroleum oils and oils obtained from bituminous minerals, crude - from Singapore in 2023 represented by the following main commodity groups:

  • 100% (3.92 million US$): 270900 - Petroleum oils & oils obt. from bituminous mins., crude

The value of imports of commodity group 2709 "Petroleum oils and oils obtained from bituminous minerals, crude" to Singapore totalled $ 27 billion in 2023. Sales of commodity group 2709 to Singapore decreased by 19.3% in value terms compared to 2022. imports of commodity group 2709 "Petroleum oils and oils obtained from bituminous minerals, crude" decreased by $ 6.57 billion (the value of imports of commodity group 2709 to Singapore was equal to $34 billion in 2022)

Imports of commodity group 2709 "Petroleum oils and oils obtained from bituminous minerals, crude" accounted for 6.49% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 2709 in total imports to Singapore decreased by 0.658 p.p. compared to 2022 (it was 7.15% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 2709 reached 31% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $87 billion in 2023). The share of purchases of commodity group 2709 in imports of commodity group to Singapore went down by 0.897 p.p. compared to 2022 (it was 32% in 2022, and imports of commodity group to Singapore accounted for $105 billion).

Where does Singapore import Petroleum oils and oils obtained from bituminous minerals, crude from?

Top trading partners (import of "Petroleum oils and oils obtained from bituminous minerals, crude") of Singapore in 2023:

  • USA with a share of 28% (7.74 billion US$)
  • United Arab Emirates with a share of 26% (7.29 billion US$)
  • Qatar with a share of 12.8% (3.51 billion US$)
  • Saudi Arabia with a share of 11.1% (3.05 billion US$)
  • Brazil with a share of 5.37% (1.47 billion US$)
  • Australia with a share of 3.13% (860 million US$)
  • Iraq with a share of 2.02% (556 million US$)
  • Malaysia with a share of 1.75% (482 million US$)
  • Angola with a share of 1.74% (479 million US$)
  • Brunei with a share of 1.35% (371 million US$)

Imports structure of 2709 - Petroleum oils and oils obtained from bituminous minerals, crude - to Singapore in 2023 represented by the following main commodity groups:

  • 100% (27 billion US$): 270900 - Petroleum oils & oils obt. from bituminous mins., crude

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Singapore | Imports and Exports | World | Petroleum oils and oils obtained from bituminous minerals, crude | Value (US$) and Value Growth, YoY (%) | 2012 - 2023