2022
Exports
$21.9kWorld Rnk 44 / 64
Flag Rnk 1152 / 1198
2022
PRODUCT COMPLEXITY IN Tar
-0.014Rnk 551 / 1025
2022
Imports
$6.12MWorld Rnk 14 / 106
Flag Rnk 870 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $21.9k in Tar, making it the 44th largest exporter of Tar in the world. At the same year, Tar was the 1152nd most exported product in Singapore. The main destination of Tar exports from Singapore are: Maldives ($17.6k) and Malaysia ($4.36k).

The fastest growing export markets for Tar of Singapore between 2021 and 2022 were Maldives ($17.6k).

Imports In 2022, Singapore imported $6.12M in Tar, becoming the 14th largest importer of Tar in the world. At the same year, Tar was the 870th most imported product in Singapore. Singapore imports Tar primarily from: Indonesia ($5.98M), Spain ($62.3k), India ($58.1k), United States ($11.2k), and Malaysia ($10.7k).

The fastest growing import markets in Tar for Singapore between 2021 and 2022 were Indonesia ($3.99M), Spain ($29k), and United States ($11.2k).

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 Tar. 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)$21.9k
IMPORTS (2022)$6.12M
NET TRADE (2022)-$6.1M

In 2022, Singapore exported $21.9k in Tar. The main destinations of Singapore exports on Tar were Maldives ($17.6k) and Malaysia ($4.36k).

In 2022, Singapore imported $6.12M in Tar, mainly from Indonesia ($5.98M), Spain ($62.3k), India ($58.1k), United States ($11.2k), and Malaysia ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Singapore WERE (2021 - 2022):Maldives$17.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Singapore WERE (2021 - 2022):
Mozambique-$23.4M (-100%)
Papua New Guinea-$84.6k (-100%)
Malaysia-$12.9k (-74.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.36k
TOP IMPORT POTENTIALIndia+ $48.2k

Tar’s highest export potential is Malaysia. With an export gap of $1.36k.   Tar’s highest import potential is India with an import gap of $48.2k.

See methodology.

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