Export of Canola Oil from Singapore
Canola Oil is categorized under HS code 151411 - Vegetable oils; low erucic acid rape or colza oil and its fractions, crude, and the data is presented accordingly.
Export overview
As of 2023, Singapore ranked #43 in global exports of Canola Oil. Singapore accounts for approximately 0% of the total global export value of Canola Oil, with an export value of 83,131 USD.
The top countries importing Canola Oil from Singapore include World, Indonesia, Brunei, Cambodia, Mongolia.
Export trend
Singapore's export value of Canola Oil has decreased by 43.45%, falling from 147,012 USD in 2019 to 83,131 USD in 2023.
The export data for Singapore Canola Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 151411 - Vegetable oils; low erucic acid rape or colza oil and its fractions, crude, which covers a specific classification for Canola Oil and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Canola Oil in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
168
Exporters
9
Importers
12
Major exporters of Singapore Canola Oil in 2024
MOI INTERNATIONAL (S)
Singapore
MOI FOODS MALAYSIA
Singapore
SUNCOLETTE
Singapore
NGO CHEW HON EDIBLE OIL
Singapore
BUNGE ASIA
Singapore
Major importers of Singapore Canola Oil in 2024
MENDEZ&CO
United States
COMMERCIAL&SERVICE BRAND JAPAN
Vietnam
FLY ACE
Philippines
SERMASISON
Philippines
OSAVE TRADING PHILIPPINES
Philippines
Historical export price trends
The export price of Canola Oil from Singapore has experienced a downward trend over the past 2 years. In 2023, the price fluctuated between 0.93 USD per kg and 2.19 USD per kg, but in 2024, it decreased to a range of 0.93 USD per kg to 1.65 USD per kg.
The export transaction data for Singapore Canola Oil is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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