2022
Exports
$1.03MWorld Rnk 43 / 116
Flag Rnk 921 / 1198
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$4.93MWorld Rnk 50 / 172
Flag Rnk 895 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

The fastest growing export markets for Magnesium Carbonate of Singapore between 2021 and 2022 were Malaysia ($158k), Hong Kong ($98k), and Zimbabwe ($94k).

Imports In 2022, Singapore imported $4.93M in Magnesium Carbonate, becoming the 50th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 895th most imported product in Singapore. Singapore imports Magnesium Carbonate primarily from: China ($2.28M), United States ($1.18M), Israel ($417k), Japan ($326k), and United Kingdom ($160k).

The fastest growing import markets in Magnesium Carbonate for Singapore between 2021 and 2022 were United States ($844k), Israel ($338k), and China ($300k).

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 Magnesium Carbonate. 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)$1.03M
IMPORTS (2022)$4.93M
NET TRADE (2022)-$3.9M

In 2022, Singapore imported $4.93M in Magnesium Carbonate, mainly from China ($2.28M), United States ($1.18M), Israel ($417k), Japan ($326k), and United Kingdom ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$158k (301%)
Hong Kong$98k (1%)
Zimbabwe$94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Singapore WERE (2021 - 2022):
Qatar-$282k (-100%)
South Korea-$207k (-82.8%)
Bangladesh-$82.2k (-54.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Magnesium Carbonate were:
In 2022, Singapore's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndonesia+ $94.7k
TOP IMPORT POTENTIALChina+ $1.07M

Magnesium Carbonate’s highest export potential is Indonesia. With an export gap of $94.7k.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.07M.

See methodology.

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