2022
Exports
$5.43MWorld Rnk 16 / 109
Flag Rnk 674 / 1198
2022
PRODUCT COMPLEXITY IN Synthetic Tanning Extracts
-0.0094Rnk 550 / 1025
2022
Imports
$1.6MWorld Rnk 50 / 180
Flag Rnk 1019 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.43M in Synthetic Tanning Extracts, making it the 16th largest exporter of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 674th most exported product in Singapore. The main destination of Synthetic Tanning Extracts exports from Singapore are: South Korea ($1.78M), Bangladesh ($827k), Vietnam ($422k), Thailand ($419k), and China ($366k).

The fastest growing export markets for Synthetic Tanning Extracts of Singapore between 2021 and 2022 were Burma ($190k), Malaysia ($130k), and Netherlands ($74.8k).

Imports In 2022, Singapore imported $1.6M in Synthetic Tanning Extracts, becoming the 50th largest importer of Synthetic Tanning Extracts in the world. At the same year, Synthetic Tanning Extracts was the 1019th most imported product in Singapore. Singapore imports Synthetic Tanning Extracts primarily from: India ($844k), Italy ($216k), France ($196k), Indonesia ($105k), and South Africa ($64.6k).

The fastest growing import markets in Synthetic Tanning Extracts for Singapore between 2021 and 2022 were South Africa ($64.6k), Malaysia ($12.1k), and Thailand ($10.1k).

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 Synthetic Tanning Extracts. 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)$5.43M
IMPORTS (2022)$1.6M
NET TRADE (2022)$3.83M

In 2022, Singapore exported $5.43M in Synthetic Tanning Extracts. The main destinations of Singapore exports on Synthetic Tanning Extracts were South Korea ($1.78M), Bangladesh ($827k), Vietnam ($422k), Thailand ($419k), and China ($366k).

In 2022, Singapore imported $1.6M in Synthetic Tanning Extracts, mainly from India ($844k), Italy ($216k), France ($196k), Indonesia ($105k), and South Africa ($64.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Tanning Extracts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Burma$190k (1%)
Malaysia$130k (195%)
Netherlands$74.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Tanning Extracts BY Singapore WERE (2021 - 2022):
China-$1.67M (-82%)
Bangladesh-$843k (-50.5%)
Pakistan-$532k (-77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Synthetic Tanning Extracts were:
Italy $123M
Germany $86.6M
Spain $66.2M
In 2022, Singapore's main importing competitors in Synthetic Tanning Extracts were:
China $86.5M
Italy $56.3M
Brazil $42.3M

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Trade Value of Synthetic Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $170k
TOP IMPORT POTENTIALItaly+ $53.2k

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $170k.   Synthetic Tanning Extracts’s highest import potential is Italy with an import gap of $53.2k.

See methodology.

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