# Tankers buyer markets and demand | HS 890120 | Yugalinks

Singapore is the largest reported buyer market in this view, with imports of $2.9B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Singapore | $2.9B | -1.8% | 12 | China |
| Liberia | $2.3B | -2.5% | 6 | China |
| Marshall Isds | $1.7B | -18.8% | 13 | Republic of Korea |
| Republic of Korea | $1.4B | +44.4% | 19 | China |
| Panama | $1.3B | -11.8% | 6 | Japan |
| China, Hong Kong Special Administrative Region | $724.6M | -11.6% | 5 | China |
| Norway | $714.7M | +5.1% | 9 | Belgium |
| Greece | $566.8M | -3.4% | 8 | Republic of Korea |
| India | $524.4M | +34% | 7 | Republic of Korea |
| Bermuda | $461.6M | +16.6% | 2 | Republic of Korea |
| United Arab Emirates | $441.1M | +39.7% | 15 | Qatar |
| France | $424.2M | +20.7% | 3 | Republic of Korea |
| Malta | $421.4M | +6.7% | 6 | Republic of Korea |
| Cyprus | $384.6M | -0.6% | 7 | Bermuda |
| Denmark | $381.1M | -6.4% | 10 | Marshall Isds |
| Thailand | $287.7M | +24.2% | 5 | China |
| Indonesia | $265.3M | +0.4% | 12 | Japan |
| Germany | $249.9M | +18.4% | 9 | China |
| Sweden | $206.1M | +14% | 6 | China |
| Poland | $202.8M | -14.7% | 37 | Republic of Korea |
| USA | $193.5M | +166.4% | 4 | India |
| Netherlands | $176.3M | +24.8% | 29 | China |
| Kuwait | $164.4M | +619.9% | 5 | Republic of Korea |
| Bahamas | $136.2M | -44.7% | 3 | Japan |
| Sri Lanka | $127.6M | +10% | 2 | India |
| Oman | $117.2M | +580.4% | 5 | Turkey |
| Belgium | $116.2M | +20.9% | 4 | Republic of Korea |
| Viet Nam | $101.6M | +33.1% | 8 | Republic of Korea |
| Canada | $94.4M | -1.5% | 5 | China |
| Russia | $93.1M | +10.3% | 13 | Poland |
| Malaysia | $85.3M | +10.4% | 6 | China |
| Seychelles | $84.5M | +95% | 3 | Cyprus |
| Spain | $83.4M | +5.5% | 9 | Germany |
| Kazakhstan | $77.6M | +292.4% | 5 | Romania |
| Qatar | $60.2M | +56% | 4 | India |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| Marshall Isds | 2023 | $3.6B | $2,293.17 |
| Singapore | 2023 | $2.4B | $2,422.19 |
| Liberia | 2023 | $2.1B | $3,071.51 |
| Norway | 2023 | $1.1B | $401.17 |
| Panama | 2023 | $918.2M | $2,199.7 |
| Republic of Korea | 2023 | $755.8M | $874.69 |
| Germany | 2023 | $629.4M | $2,645.38 |
| Bermuda | 2023 | $400.2M | $2,207.12 |
| Indonesia | 2023 | $352.9M | $1,843.67 |
| Malta | 2023 | $334.5M | $4,364.1 |
| France | 2023 | $313.2M | $3,508.16 |
| Bahamas | 2023 | $312.9M | $2,552.73 |
| Poland | 2023 | $287.7M | $2,317.17 |
| Belgium | 2023 | $277.3M | $2,277.7 |
| Turkey | 2023 | $252.6M | $1,694.65 |
| United Arab Emirates | 2023 | $229.7M | $1,988.73 |
| USA | 2023 | $217.2M | $2,207.6 |
| Viet Nam | 2023 | $199.8M | $2,027.3 |
| Kuwait | 2023 | $186.3M | $3,764.2 |
| Italy | 2023 | $182.8M | $3,041.64 |

_Source: reported merchandise trade data. Updated 2026-08-14._