2022
Exports
$42.2MWorld Rnk 22 / 157
Flag Rnk 332 / 1198
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$112MWorld Rnk 25 / 215
Flag Rnk 301 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $42.2M in Silicone, making it the 22nd largest exporter of Silicone in the world. At the same year, Silicone was the 332nd most exported product in Singapore. The main destination of Silicone exports from Singapore are: Malaysia ($12.8M), Indonesia ($9.77M), China ($3.91M), Bangladesh ($3.66M), and United States ($2.52M).

The fastest growing export markets for Silicone of Singapore between 2021 and 2022 were United States ($2.46M), Israel ($632k), and Pakistan ($287k).

Imports In 2022, Singapore imported $112M in Silicone, becoming the 25th largest importer of Silicone in the world. At the same year, Silicone was the 301st most imported product in Singapore. Singapore imports Silicone primarily from: Japan ($47.3M), United States ($23.7M), China ($8.3M), South Korea ($6.84M), and Germany ($6.41M).

The fastest growing import markets in Silicone for Singapore between 2021 and 2022 were Japan ($26.4M), Chinese Taipei ($4.85M), and Thailand ($2.1M).

COMPANIES In 2023, leading companies such as POLYPLEX USA LLC (1) were at the forefront of shipping Silicone from Singapore to the United States.

Latest Trends

Mar 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 Silicone. 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)$42.2M
IMPORTS (2022)$112M
NET TRADE (2022)-$69.8M

In 2022, Singapore exported $42.2M in Silicone. The main destinations of Singapore exports on Silicone were Malaysia ($12.8M), Indonesia ($9.77M), China ($3.91M), Bangladesh ($3.66M), and United States ($2.52M).

In 2022, Singapore imported $112M in Silicone, mainly from Japan ($47.3M), United States ($23.7M), China ($8.3M), South Korea ($6.84M), and Germany ($6.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$2.46M (3.79k%)
Israel$632k (203%)
Pakistan$287k (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Singapore WERE (2021 - 2022):
Indonesia-$9.44M (-49.1%)
Malaysia-$2.58M (-16.8%)
China-$1.2M (-23.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

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