2022
Exports
$1.12MWorld Rnk 42 / 109
Flag Rnk 915 / 1198
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2022
Imports
$1.7MWorld Rnk 75 / 183
Flag Rnk 1010 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.12M in Nitrites and Nitrates, making it the 42nd largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 915th most exported product in Singapore. The main destination of Nitrites and Nitrates exports from Singapore are: China ($230k), India ($203k), South Korea ($163k), Indonesia ($140k), and Australia ($82.1k).

The fastest growing export markets for Nitrites and Nitrates of Singapore between 2021 and 2022 were South Korea ($119k), Australia ($82.1k), and Philippines ($64.7k).

Imports In 2022, Singapore imported $1.7M in Nitrites and Nitrates, becoming the 75th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 1010th most imported product in Singapore. Singapore imports Nitrites and Nitrates primarily from: United States ($656k), Germany ($337k), China ($210k), Japan ($136k), and Malaysia ($127k).

The fastest growing import markets in Nitrites and Nitrates for Singapore between 2021 and 2022 were United States ($524k), Germany ($142k), and Malaysia ($101k).

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 Nitrites and Nitrates. 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)$1.12M
IMPORTS (2022)$1.7M
NET TRADE (2022)-$586k

In 2022, Singapore exported $1.12M in Nitrites and Nitrates. The main destinations of Singapore exports on Nitrites and Nitrates were China ($230k), India ($203k), South Korea ($163k), Indonesia ($140k), and Australia ($82.1k).

In 2022, Singapore imported $1.7M in Nitrites and Nitrates, mainly from United States ($656k), Germany ($337k), China ($210k), Japan ($136k), and Malaysia ($127k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
South Korea$119k (274%)
Australia$82.1k (228k%)
Philippines$64.7k (2.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrites and Nitrates BY Singapore WERE (2021 - 2022):
Sri Lanka-$36.5k (-99.9%)
China-$30.1k (-11.6%)
Nigeria-$21k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, Singapore's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $61.8k
TOP IMPORT POTENTIALChina+ $195k

Nitrites and Nitrates’s highest export potential is Malaysia. With an export gap of $61.8k.   Nitrites and Nitrates’s highest import potential is China with an import gap of $195k.

See methodology.

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