Imports of Oil in Singapore increased to 6506.51 SGD Million in February from 6274.73 SGD Million in January of 2021. source: Statistics Singapore

Imports of Oil in Singapore averaged 7884.15 SGD Million from 2014 until 2021, 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 April of 2021.

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 2022 and 7300.46 SGD Million in 2023, according to our econometric models.

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Singapore Imports of Oil

Actual Previous Highest Lowest Dates Unit Frequency
6506.51 6274.73 12931.63 2727.01 2014 - 2021 SGD Million Monthly
Current prices NSA

Singapore Trade Last Previous Highest Lowest Unit
Balance of Trade 6209.93 5608.35 7973.33 -1999.81 Million SGD [+]
Current Account 19622.60 22727.90 24030.50 -659.20 SGD Million [+]
Current Account to GDP 17.60 14.30 26.10 -13.10 percent [+]
Imports 42809.01 40491.36 44569.74 266.38 Million SGD [+]
Exports 49018.94 46099.71 49018.94 197.68 Million SGD [+]
External Debt 2210679.90 2197837.50 2360156.70 854184.00 SGD Million [+]
Terms of Trade 96.39 96.52 174.30 96.39 points [+]
Capital Flows -16248.20 7402.10 50498.80 -24268.40 SGD Million [+]
Tourist Arrivals 27174.00 17953.00 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 30329.10 27000.90 43061.00 -4441.60 SGD Million [+]
Exports of Non-oil Domestic Exports Of 8.20 6.90 23.10 -16.80 percent [+]
Domestic Exports of Non Oil (nodx) (%yoy) 4.20 12.70 70.00 -34.90 percent [+]

Singapore Imports by Country Last Previous
Malaysia 5402.70 5553.44 SGD Million Feb/21
China 4990.17 6121.25 SGD Million Feb/21
Taiwan 4566.32 4930.15 SGD Million Feb/21
United States 3576.42 3689.62 SGD Million Feb/21
Japan 2204.02 2210.10 SGD Million Feb/21
South Korea 1793.11 1863.92 SGD Million Feb/21
Indonesia 1456.10 1433.77 SGD Million Feb/21
Australia 1077.43 634.21 SGD Million Feb/21
France 987.46 1021.29 SGD Million Feb/21
Germany 916.52 947.48 SGD Million Feb/21
Thailand 813.76 746.38 SGD Million Feb/21
United Kingdom 750.66 858.41 SGD Million Feb/21
Saudi Arabia 538.29 740.43 SGD Million Feb/21
Hong Kong 350.83 441.09 SGD Million Feb/21
Kuwait 87.13 203.88 SGD Million Feb/21
Singapore Imports by Category Last Previous
Imports of 37648.41 39031.89 SGD Million Feb/21
Retained 37625.33 39007.11 SGD Million Feb/21
Non Oil 31141.90 32757.16 SGD Million Feb/21
Machinery & Transport Equipment 19317.08 20964.85 SGD Million Feb/21
Electronics 9539.43 10037.23 SGD Million Feb/21
Oil 6506.51 6274.73 SGD Million Feb/21
Petroleum & Products & Related Products 6092.45 5919.03 SGD Million Feb/21
Chemicals & Chemical Products 3229.90 3185.55 SGD Million Feb/21
Miscellaneous Manufactured Articles 3099.44 3238.11 SGD Million Feb/21
Manufactured Goods 1925.56 1873.94 SGD Million Feb/21
Telecommunications Equipment Nes 1353.58 1881.14 SGD Million Feb/21
Media Products & Plastic Articles 1063.93 1105.11 SGD Million Feb/21
Organic Chemicals 926.71 881.98 SGD Million Feb/21
Food & Live Animals 856.87 1015.09 SGD Million Feb/21
Parts & Accessories 799.97 801.73 SGD Million Feb/21
Electrical Apparatus 631.44 696.38 SGD Million Feb/21
Electrical Machinery & Apparatus Nes 540.34 656.03 SGD Million Feb/21
Preparations 493.62 539.41 SGD Million Feb/21
Non-metal Mineral Manufactures Nes 458.23 435.49 SGD Million Feb/21
Plastics In Primary Forms 457.36 459.63 SGD Million Feb/21

United Nations Comtrade Database
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