Imports of Oil in Singapore increased to 6900.96 SGD Million in September from 5008.69 SGD Million in August of 2020.

Imports of Oil in Singapore averaged 8030.57 SGD Million from 2014 until 2020, reaching an all time high of 12931.63 SGD Million in July of 2014 and a record low of 2727.01 SGD Million in May of 2020. This page includes a chart with historical data for Singapore Imports of Oil. Singapore Imports of Oil - values, historical data and charts - was last updated on October of 2020.

Imports of Oil in Singapore is expected to be 7232.71 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports of Oil in Singapore to stand at 7232.71 in 12 months time. In the long-term, the Singapore Imports of Oil is projected to trend around 7287.80 SGD Million in 2021 and 7300.46 SGD Million in 2022, according to our econometric models.

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Singapore Imports of Oil

Actual Previous Highest Lowest Dates Unit Frequency
6900.96 5008.69 12931.63 2727.01 2014 - 2020 SGD Million Monthly
Current prices NSA

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 3037.50 6481.55 7973.33 -1999.81 Million SGD [+]
Current Account 17966.00 15985.80 25762.20 -659.20 SGD Million [+]
Current Account to GDP 16.90 17.70 26.10 -13.10 percent [+]
Imports 38420.00 36661.68 44569.74 266.38 Million SGD [+]
Exports 41457.50 43143.23 48934.79 197.68 Million SGD [+]
External Debt 2239166.10 2360156.70 2360156.70 854184.00 SGD Million [+]
Terms of Trade 99.31 100.26 174.30 96.67 points [+]
Capital Flows -26495.30 9062.10 55757.90 -26495.30 SGD Million [+]
Tourist Arrivals 8912.00 6842.00 1802533.00 750.00 [+]
Gold Reserves 127.40 127.40 127.40 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Foreign Direct Investment 25682.00 20561.00 43061.00 -4441.60 SGD Million [+]

Singapore Imports by Country Last Previous
China 5480.33 5575.69 SGD Million Sep/20
Malaysia 5094.30 5079.81 SGD Million Sep/20
Taiwan 4566.45 4235.91 SGD Million Sep/20
United States 3906.94 4164.16 SGD Million Sep/20
Japan 1968.94 1662.62 SGD Million Sep/20
South Korea 1782.48 1438.60 SGD Million Sep/20
Indonesia 1526.86 1530.15 SGD Million Sep/20
Saudi Arabia 1323.99 648.95 SGD Million Sep/20
France 1167.26 922.02 SGD Million Sep/20
Germany 972.45 931.89 SGD Million Sep/20
Thailand 902.46 1440.57 SGD Million Sep/20
United Kingdom 762.27 834.20 SGD Million Sep/20
Hong Kong 479.13 460.43 SGD Million Sep/20
Australia 359.88 457.06 SGD Million Sep/20
Kuwait 89.71 232.60 SGD Million Sep/20
Singapore Imports by Category Last Previous
Imports of 38813.54 37156.03 SGD Million Sep/20
Retained 38788.45 37131.73 SGD Million Sep/20
Non Oil 31912.58 32147.34 SGD Million Sep/20
Machinery & Transport Equipment 20506.94 19771.60 SGD Million Sep/20
Electronics 9632.69 8792.98 SGD Million Sep/20
Oil 6900.96 5008.69 SGD Million Sep/20
Petroleum & Products & Related Products 6550.41 4658.64 SGD Million Sep/20
Miscellaneous Manufactured Articles 3268.19 3048.64 SGD Million Sep/20
Chemicals & Chemical Products 2766.52 3091.60 SGD Million Sep/20
Manufactured Goods 1722.33 1565.51 SGD Million Sep/20
Telecommunications Equipment Nes 1440.96 1649.26 SGD Million Sep/20
Media Products & Plastic Articles 1014.41 951.82 SGD Million Sep/20
Parts & Accessories 911.05 1034.62 SGD Million Sep/20
Food & Live Animals 899.30 965.28 SGD Million Sep/20
Preparations 603.74 517.15 SGD Million Sep/20
Electrical Apparatus 596.98 570.78 SGD Million Sep/20
Electrical Machinery & Apparatus Nes 576.60 578.83 SGD Million Sep/20
Organic Chemicals 552.82 964.27 SGD Million Sep/20
Plastics In Primary Forms 479.34 463.67 SGD Million Sep/20
Manufactures of Metal Nes 394.12 384.22 SGD Million Sep/20

United Nations Comtrade Database
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