2022
Exports
$38.5MWorld Rnk 13 / 131
Flag Rnk 348 / 1198
2022
PRODUCT COMPLEXITY IN Asphalt Mixtures
-1.14Rnk 867 / 1025
2022
Imports
$2.44MWorld Rnk 70 / 210
Flag Rnk 986 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $38.5M in Asphalt Mixtures, making it the 13th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 348th most exported product in Singapore. The main destination of Asphalt Mixtures exports from Singapore are: South Korea ($28.8M), Malaysia ($7.64M), Paraguay ($685k), Maldives ($634k), and Timor-Leste ($293k).

The fastest growing export markets for Asphalt Mixtures of Singapore between 2021 and 2022 were Paraguay ($685k), Maldives ($386k), and Timor-Leste ($56.4k).

Imports In 2022, Singapore imported $2.44M in Asphalt Mixtures, becoming the 70th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 986th most imported product in Singapore. Singapore imports Asphalt Mixtures primarily from: United States ($1.05M), Thailand ($621k), Malaysia ($262k), United Kingdom ($118k), and France ($66k).

The fastest growing import markets in Asphalt Mixtures for Singapore between 2021 and 2022 were United States ($168k), Thailand ($163k), and Italy ($48k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Asphalt Mixtures. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.5M
IMPORTS (2022)$2.44M
NET TRADE (2022)$36M

In 2022, Singapore exported $38.5M in Asphalt Mixtures. The main destinations of Singapore exports on Asphalt Mixtures were South Korea ($28.8M), Malaysia ($7.64M), Paraguay ($685k), Maldives ($634k), and Timor-Leste ($293k).

In 2022, Singapore imported $2.44M in Asphalt Mixtures, mainly from United States ($1.05M), Thailand ($621k), Malaysia ($262k), United Kingdom ($118k), and France ($66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Paraguay$685k (1%)
Maldives$386k (156%)
Timor-Leste$56.4k (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Singapore WERE (2021 - 2022):
China-$280M (-100%)
South Korea-$221M (-88.5%)
Malaysia-$90.2M (-92.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Asphalt Mixtures were:
In 2022, Singapore's main importing competitors in Asphalt Mixtures were:

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndonesia+ $154k
TOP IMPORT POTENTIALMalaysia+ $295k

Asphalt Mixtures’s highest export potential is Indonesia. With an export gap of $154k.   Asphalt Mixtures’s highest import potential is Malaysia with an import gap of $295k.

See methodology.

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