Singapore Imports Crude Petroleum Oil – Singapore Import Data
26 October 2020
Crude oil imports into Singapore valued USD 24,224
million in 2019, a drop of about USD 4,000 million as compared to the previous
year. Singapore imported about 48,754,474 tons of crude petroleum in last year.
According to Singapore import data of crude oil, Singapore imported crude oil
the most from United Arab Emirates, which shared about 27.3% value to total
imports in 2019. Check more facts and figures about Singapore import market of
crude oil and analyze Singapore import statistics of crude oil.
Singapore Crude Petroleum Oil
Imports 2010-2019
If we import value of crude oil imported by Singapore
recorded in the last 10 years, we found that crude oil imports rose from 2010
to 2012. Thereafter, the country registered a sharp decline in the value till
2016. Year 2017 & 2018 saw a rise in value of crude oil imports, while year
2019 saw a decline in value of crude oil imports into Singapore. Below given
chart and table shows dollar amount of Singapore crude petroleum oil imports
from 2010 to 2019.
|
Year |
Value USD Million |
|
2010 |
24,067 |
|
2011 |
33,584 |
|
2012 |
39,879 |
|
2013 |
35,538 |
|
2014 |
34,326 |
|
2015 |
18,204 |
|
2016 |
15,060 |
|
2017 |
21,405 |
|
2018 |
27,968 |
|
2019 |
24,224 |
Quantity of Crude Oil Imported by
Singapore 2010-2019
In quantity terms, Singapore imported the highest
quantity of crude oil in 2017 and lowest quantity in 2010. Below given chart
and table shows quantity of crude oil imported by Singapore in the last 10
years.
|
Year |
Quantity (Tons) |
|
2010 |
41,246,708 |
|
2011 |
42,102,177 |
|
2012 |
46,920,194 |
|
2013 |
43,654,896 |
|
2014 |
43,866,349 |
|
2015 |
44,742,049 |
|
2016 |
48,050,870 |
|
2017 |
52,689,505 |
|
2018 |
51,347,519 |
|
2019 |
48,754,474 |
Singapore’s Top 10 Import
Partners of Crude Petroleum Oil 2019
As per Singapore customs data of crude oil, Singapore
imported crude oil the most from United Arab Emirates, which shared 27.3% to
total imports in 2019. Other top import partners of crude oil were Qatar, Saudi
Arabia, Australia, Kuwait, Iraq, Malaysia, United States, Russia and Libya.
Singapore’s top 10 import partners of crude oil accounted 87.1% to overall
value of shipments recorded in 2019. Check percentage share of these countries
from the chart and table given below.
|
Country |
Value USD % |
|
United Arab Emirates |
27.3 |
|
Qatar |
18.2 |
|
Saudi Arabia |
12.2 |
|
Australia |
5.9 |
|
Kuwait |
5.5 |
|
Iraq |
5.1 |
|
Malaysia |
4.5 |
|
United States |
3.9 |
|
Russia |
2.9 |
|
Libya |
1.6 |
Singapore was 12th largest importer country
of crude oil in 2019, which shared 2.3% value to total imports. Get all the
latest updates on Singapore import market of crude petroleum oil and other
traded products right here. Also, access market intelligence information on Singapore
import companies of crude oil and Singapore trade data.
Hit the button Product Wise Import Data to view samples of products starting with 'E'.
