2023
Exports
$2.68kWorld Rnk 87 / 116
Flag Rnk 1181 / 1202
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$730kWorld Rnk 88 / 198
Flag Rnk 1062 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $2.68k in Peat, making it the 87th largest exporter of Peat in the world. At the same year, Peat was the 1181st most exported product in Singapore. The main destination of Peat exports from Singapore are: Sri Lanka ($1.94k), Malaysia ($269), Thailand ($246), and Saudi Arabia ($227).

The fastest growing export markets for Peat of Singapore between 2022 and 2023 were Thailand ($246) and Saudi Arabia ($227).

Imports In 2023, Singapore imported $730k in Peat, becoming the 88th largest importer of Peat in the world. At the same year, Peat was the 1062nd most imported product in Singapore. Singapore imports Peat primarily from: Lithuania ($182k), Netherlands ($164k), Sri Lanka ($76.4k), Latvia ($59.3k), and Greece ($57.5k).

The fastest growing import markets in Peat for Singapore between 2022 and 2023 were Lithuania ($106k), Greece ($18k), and Canada ($12.7k).

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 Peat. 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)$2.68k
IMPORTS (2023)$730k
NET TRADE (2023)-$727k

In 2023, Singapore exported $2.68k in Peat. The main destinations of Singapore exports on Peat were Sri Lanka ($1.94k), Malaysia ($269), Thailand ($246), and Saudi Arabia ($227).

In 2023, Singapore imported $730k in Peat, mainly from Lithuania ($182k), Netherlands ($164k), Sri Lanka ($76.4k), Latvia ($59.3k), and Greece ($57.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Thailand$246 (1%)
Saudi Arabia$227 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Singapore WERE (2022 - 2023):
Brunei-$20.4k (-100%)
Sri Lanka-$1.47k (-43%)
Malaysia-$506 (-65.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Peat were:
In 2023, Singapore's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $696
TOP IMPORT POTENTIALGermany+ $48.9k

Peat’s highest export potential is Malaysia. With an export gap of $696.   Peat’s highest import potential is Germany with an import gap of $48.9k.

See methodology.

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