2022
Exports
$438MWorld Rnk 10 / 157
Flag Rnk 95 / 1198
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$19.7MWorld Rnk 58 / 215
Flag Rnk 657 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $438M in Unpackaged Medicaments, making it the 10th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 95th most exported product in Singapore. The main destination of Unpackaged Medicaments exports from Singapore are: United States ($307M), Japan ($37.9M), Argentina ($22.4M), Austria ($20.6M), and China ($17.5M).

The fastest growing export markets for Unpackaged Medicaments of Singapore between 2021 and 2022 were United States ($127M), Argentina ($21.9M), and China ($17.5M).

Imports In 2022, Singapore imported $19.7M in Unpackaged Medicaments, becoming the 58th largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 657th most imported product in Singapore. Singapore imports Unpackaged Medicaments primarily from: United States ($5.2M), United Kingdom ($4.66M), Japan ($3.62M), Australia ($1.44M), and China ($1.32M).

The fastest growing import markets in Unpackaged Medicaments for Singapore between 2021 and 2022 were United States ($3.99M), United Kingdom ($2.04M), and Ireland ($872k).

Latest Trends

Aug 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 Unpackaged 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

Trade Balance

Color
EXPORTS (2022)$438M
IMPORTS (2022)$19.7M
NET TRADE (2022)$418M

In 2022, Singapore exported $438M in Unpackaged Medicaments. The main destinations of Singapore exports on Unpackaged Medicaments were United States ($307M), Japan ($37.9M), Argentina ($22.4M), Austria ($20.6M), and China ($17.5M).

In 2022, Singapore imported $19.7M in Unpackaged Medicaments, mainly from United States ($5.2M), United Kingdom ($4.66M), Japan ($3.62M), Australia ($1.44M), and China ($1.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$127M (70.6%)
Argentina$21.9M (4.69k%)
China$17.5M (7.57M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Singapore WERE (2021 - 2022):
Luxembourg-$9.98M (-100%)
Japan-$5.2M (-12.1%)
Belgium-$902k (-50.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $7.17M
TOP IMPORT POTENTIALChina+ $1.2M

Unpackaged Medicaments’s highest export potential is China. With an export gap of $7.17M.   Unpackaged Medicaments’s highest import potential is China with an import gap of $1.2M.

See methodology.

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