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Soybean Oil from Singapore

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Export of Soybean Oil from Singapore

Soybean Oil is categorized under HS code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, and the data is presented accordingly.

Export overview

As of 2023, Singapore ranked #33 in global exports of Soybean Oil. Singapore accounts for approximately 0.22% of the total global export value of Soybean Oil, with an export value of 5,934,005 USD.
The top countries importing Soybean Oil from Singapore include World, Indonesia, Kuwait, Fiji, Australia.

Export trend

Singapore's export value of Soybean Oil has increased by 30.8% over the past 5 years, rising from 4,536,750 USD in 2019 to 5,934,005 USD in 2023.
The export data for Singapore Soybean Oil is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 150790 - Vegetable oils; soya-bean oil and its fractions, other than crude, whether or not refined, but not chemically modified, which covers a specific classification for Soybean 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 Soybean Oil in certain markets, as HS codes often encompass a broader range of similar products.

Export transactions from 2025

Transactions in this market
1,678
Exporters
4
Importers
10

Major exporters of Singapore Soybean Oil in 2025

OLAM GLOBAL AGRI
SG flag
Singapore
BUNGE ASIA
SG flag
Singapore
TATA INTERNATIONAL SINGAPORE
SG flag
Singapore
NGO CHEW HON EDIBLE OIL
SG flag
Singapore

Major importers of Singapore Soybean Oil in 2025

SONARGAON SEEDS CRUSHING MILLS
BD flag
Bangladesh
SMILE FOOD PRODUCTS
BD flag
Bangladesh
PATANJALI FOODS
IN flag
India
BCL INDUSTRIES
IN flag
India
LAKHPAT TRADING&INDUSTRYS
IN flag
India

Historical export price trends

The export price of Soybean Oil from Singapore has shown an upward trend over the past two years. In 2024, the price ranged from 0.90 USD per kg to 1.57 USD per kg, while in 2025, it increased to a range of 1.04 USD per kg to 1.65 USD per kg.
Year
Year
Low price
Low price
High price
High price
2023
$0.97/kg
$1.59/kg
2024
$0.90/kg
$1.57/kg
2025
$1.04/kg
$1.65/kg
The export transaction data for Singapore Soybean 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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