2023
Exports
$135MWorld Rnk 5 / 134
Flag Rnk 171 / 1202
2023
PRODUCT COMPLEXITY IN Metal Pickling Preparations
1.61Rnk 33 / 1025
2023
Imports
$44.1MWorld Rnk 14 / 204
Flag Rnk 465 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $135M in Metal Pickling Preparations, making it the 5th largest exporter of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 171st most exported product in Singapore. The main destination of Metal Pickling Preparations exports from Singapore are: Malaysia ($30M), China ($23.3M), Indonesia ($18.5M), Thailand ($14.9M), and South Korea ($12.3M).

The fastest growing export markets for Metal Pickling Preparations of Singapore between 2022 and 2023 were Indonesia ($5.8M), China ($567k), and Turkey ($525k).

Imports In 2023, Singapore imported $44.1M in Metal Pickling Preparations, becoming the 14th largest importer of Metal Pickling Preparations in the world. At the same year, Metal Pickling Preparations was the 465th most imported product in Singapore. Singapore imports Metal Pickling Preparations primarily from: China ($9.84M), United States ($7.76M), Japan ($7.32M), Chinese Taipei ($6.79M), and Malaysia ($4.2M).

The fastest growing import markets in Metal Pickling Preparations for Singapore between 2022 and 2023 were Malaysia ($1.25M), France ($566k), and Japan ($546k).

Latest Trends

Dec 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 Metal Pickling Preparations. 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 (2023)$135M
IMPORTS (2023)$44.1M
NET TRADE (2023)$90.9M

In 2023, Singapore exported $135M in Metal Pickling Preparations. The main destinations of Singapore exports on Metal Pickling Preparations were Malaysia ($30M), China ($23.3M), Indonesia ($18.5M), Thailand ($14.9M), and South Korea ($12.3M).

In 2023, Singapore imported $44.1M in Metal Pickling Preparations, mainly from China ($9.84M), United States ($7.76M), Japan ($7.32M), Chinese Taipei ($6.79M), and Malaysia ($4.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Pickling Preparations EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Indonesia$5.8M (45.5%)
China$567k (2.49%)
Turkey$525k (86.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Pickling Preparations BY Singapore WERE (2022 - 2023):
Vietnam-$4.57M (-30.2%)
Malaysia-$3.93M (-11.6%)
Thailand-$3.33M (-18.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Metal Pickling Preparations were:
In 2023, Singapore's main importing competitors in Metal Pickling Preparations were:

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Trade Value of Metal Pickling Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.52M
TOP IMPORT POTENTIALMalaysia+ $608k

Metal Pickling Preparations’s highest export potential is China. With an export gap of $1.52M.   Metal Pickling Preparations’s highest import potential is Malaysia with an import gap of $608k.

See methodology.

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