2022
Exports
$967MWorld Rnk 40 / 210
Flag Rnk 25 / 96
2022
PRODUCT COMPLEXITY IN Inorganic chemicals
1.72Rnk 21 / 1025
2022
Imports
$1.65BWorld Rnk 32 / 225
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $967M in Inorganic chemicals, making it the 40th largest exporter of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 25th most exported product in Singapore. The main destination of Inorganic chemicals exports from Singapore are: Mozambique ($334M), Malaysia ($125M), China ($63.2M), Japan ($57.5M), and India ($45.8M).

The fastest growing export markets for Inorganic chemicals of Singapore between 2021 and 2022 were Malaysia ($26.1M), Philippines ($22.8M), and China ($21.3M).

Imports In 2022, Singapore imported $1.65B in Inorganic chemicals, becoming the 32nd largest importer of Inorganic chemicals in the world. At the same year, Inorganic chemicals was the 25th most imported product in Singapore. Singapore imports Inorganic chemicals primarily from: United States ($256M), China ($215M), Japan ($138M), Germany ($123M), and South Korea ($118M).

The fastest growing import markets in Inorganic chemicals for Singapore between 2021 and 2022 were South Korea ($55.9M), Oman ($40.8M), and China ($31.5M).

COMPANIES In 2023, leading companies such as Dow Chemical (12), Goodyear Tire and Rubber (3), and Adidas (2) were at the forefront of shipping Inorganic chemicals from Singapore to the United States.

Latest Trends

Jul 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 Inorganic chemicals. 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)$967M
IMPORTS (2022)$1.65B
NET TRADE (2022)-$686M

In 2022, Singapore exported $967M in Inorganic chemicals. The main destinations of Singapore exports on Inorganic chemicals were Mozambique ($334M), Malaysia ($125M), China ($63.2M), Japan ($57.5M), and India ($45.8M).

In 2022, Singapore imported $1.65B in Inorganic chemicals, mainly from United States ($256M), China ($215M), Japan ($138M), Germany ($123M), and South Korea ($118M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic chemicals EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$26.1M (26.4%)
Philippines$22.8M (202%)
China$21.3M (50.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic chemicals BY Singapore WERE (2021 - 2022):
Mozambique-$42.7M (-11.3%)
India-$21.1M (-31.6%)
Japan-$17M (-22.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Inorganic chemicals were:
In 2022, Singapore's main importing competitors in Inorganic chemicals were:

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Trade Value of Inorganic chemicals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $11.9M
TOP IMPORT POTENTIALChina+ $43.1M

Inorganic chemicals’s highest export potential is India. With an export gap of $11.9M.   Inorganic chemicals’s highest import potential is China with an import gap of $43.1M.

See methodology.

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