2023
Exports
$10.9BWorld Rnk 8 / 208
Flag Rnk 4 / 1202
2023
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.25Rnk 89 / 1025
2023
Imports
$1.43BWorld Rnk 26 / 222
Flag Rnk 43 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $10.9B in Vaccines, blood, antisera, toxins and cultures, making it the 8th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 4th most exported product in Singapore. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Singapore are: United States ($6.15B), China ($2.13B), Switzerland ($773M), Germany ($337M), and Ireland ($282M).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Singapore between 2022 and 2023 were United States ($3.49B), China ($2.12B), and Switzerland ($199M).

Imports In 2023, Singapore imported $1.43B in Vaccines, blood, antisera, toxins and cultures, becoming the 26th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 43rd most imported product in Singapore. Singapore imports Vaccines, blood, antisera, toxins and cultures primarily from: United States ($310M), Ireland ($296M), Spain ($210M), Germany ($130M), and Belgium ($107M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Singapore between 2022 and 2023 were Ireland ($150M), United States ($32.8M), and Germany ($19M).

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 Vaccines, blood, antisera, toxins and cultures. 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)$10.9B
IMPORTS (2023)$1.43B
NET TRADE (2023)$9.43B

In 2023, Singapore exported $10.9B in Vaccines, blood, antisera, toxins and cultures. The main destinations of Singapore exports on Vaccines, blood, antisera, toxins and cultures were United States ($6.15B), China ($2.13B), Switzerland ($773M), Germany ($337M), and Ireland ($282M).

In 2023, Singapore imported $1.43B in Vaccines, blood, antisera, toxins and cultures, mainly from United States ($310M), Ireland ($296M), Spain ($210M), Germany ($130M), and Belgium ($107M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
United States$3.49B (131%)
China$2.12B (30.8k%)
Switzerland$199M (34.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Singapore WERE (2022 - 2023):
South Korea-$100M (-42.1%)
Turkey-$62.3M (-89%)
Canada-$32.4M (-32%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2023, Singapore's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $114M
TOP IMPORT POTENTIALUnited States+ $62.1M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is Germany. With an export gap of $114M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $62.1M.

See methodology.

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