2022
Exports
$17.3BWorld Rnk 11 / 214
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$10.5BWorld Rnk 17 / 225
Flag Rnk 7 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $17.3B in Organic chemicals, making it the 11th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 6th most exported product in Singapore. The main destination of Organic chemicals exports from Singapore are: Germany ($3.24B), China ($2.4B), Belgium ($2.33B), India ($1.56B), and United States ($1.1B).

The fastest growing export markets for Organic chemicals of Singapore between 2021 and 2022 were Germany ($2.23B), Belgium ($767M), and United Arab Emirates ($460M).

Imports In 2022, Singapore imported $10.5B in Organic chemicals, becoming the 17th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 7th most imported product in Singapore. Singapore imports Organic chemicals primarily from: China ($2.96B), Switzerland ($2.37B), Saudi Arabia ($786M), United States ($723M), and India ($530M).

The fastest growing import markets in Organic chemicals for Singapore between 2021 and 2022 were China ($1.7B), South Korea ($112M), and Saudi Arabia ($109M).

COMPANIES In 2023, leading companies such as Adidas (8), Motorola (8), and HP Inc (7) were at the forefront of shipping Organic chemicals from Singapore to the United States.

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 Organic 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)$17.3B
IMPORTS (2022)$10.5B
NET TRADE (2022)$6.8B

In 2022, Singapore exported $17.3B in Organic chemicals. The main destinations of Singapore exports on Organic chemicals were Germany ($3.24B), China ($2.4B), Belgium ($2.33B), India ($1.56B), and United States ($1.1B).

In 2022, Singapore imported $10.5B in Organic chemicals, mainly from China ($2.96B), Switzerland ($2.37B), Saudi Arabia ($786M), United States ($723M), and India ($530M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Germany$2.23B (221%)
Belgium$767M (49.2%)
United Arab Emirates$460M (1.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Singapore WERE (2021 - 2022):
China-$679M (-22.1%)
United States-$485M (-30.6%)
Ireland-$294M (-76.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $70.8M
TOP IMPORT POTENTIALIndia+ $199M

Organic chemicals’s highest export potential is Japan. With an export gap of $70.8M.   Organic chemicals’s highest import potential is India with an import gap of $199M.

See methodology.

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