HS Icon Packaged Medicaments in  Flag Singapore

2020
Exports | Imports
: $9.9B | $1.45B, World Rnk 13 / 210
Flag Rnk 4 / 1195 | World Rnk 41 / 224
Flag Rnk 30 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.59B | $33.7M, Switzerland |  Ireland

2020
ECONOMIC COMPLEXITY of Singapore
: 1.84, Rnk 6 / 127

2020
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.6, Rnk 320 / 1029

Exports In 2020, Singapore exported $9.9B in Packaged Medicaments, making it the 13th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most exported product in Singapore. The main destination of Packaged Medicaments exports from Singapore are: Switzerland ($2.78B), United States ($2.11B), Germany ($1.19B), Japan ($1.13B), and Slovenia ($595M).

The fastest growing export markets for Packaged Medicaments of Singapore between 2019 and 2020 were Switzerland ($1.59B), Germany ($1.17B), and Slovenia ($520M).

Imports In 2020, Singapore imported $1.45B in Packaged Medicaments, becoming the 41st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 30th most imported product in Singapore. Singapore imports Packaged Medicaments primarily from: United States ($171M), Switzerland ($164M), Germany ($163M), United Kingdom ($97.8M), and India ($87.9M).

The fastest growing import markets in Packaged Medicaments for Singapore between 2019 and 2020 were Ireland ($33.7M), Germany ($32.9M), and United States ($30.3M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Packaged Medicaments. 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

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EXPORTS (2020): $9.9B

IMPORTS (2020): $1.45B

NET TRADE (2020): $8.46B

In 2020, Singapore exported $9.9B in Packaged Medicaments. The main destinations of Singapore exports on Packaged Medicaments were Switzerland ($2.78B), United States ($2.11B), Germany ($1.19B), Japan ($1.13B), and Slovenia ($595M).

In 2020, Singapore imported $1.45B in Packaged Medicaments, mainly from United States ($171M), Switzerland ($164M), Germany ($163M), United Kingdom ($97.8M), and India ($87.9M).

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Singapore WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Singapore WERE (2019 - 2020):

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Market Concentration

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In 2020, Singapore's main exporting competitors in Packaged Medicaments were:

In 2020, Singapore's main importing competitors in Packaged Medicaments were:

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