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Exports In 2023, Singapore exported $2.13M in Animal Extracts, making it the 23rd largest exporter of Animal Extracts in the world. At the same year, Animal Extracts was the 768th most exported product in Singapore. The main destination of Animal Extracts exports from Singapore are: Malaysia ($1.93M), Australia ($105k), Brunei ($50.5k), Indonesia ($22.8k), and Canada ($13.1k).

The fastest growing export markets for Animal Extracts of Singapore between 2022 and 2023 were Malaysia ($1.88M), Australia ($82.4k), and Brunei ($48.2k).

Imports In 2023, Singapore imported $8.81M in Animal Extracts, becoming the 6th largest importer of Animal Extracts in the world. At the same year, Animal Extracts was the 781st most imported product in Singapore. Singapore imports Animal Extracts primarily from: Malaysia ($6.93M), Thailand ($942k), Chinese Taipei ($361k), United Kingdom ($184k), and Japan ($162k).

The fastest growing import markets in Animal Extracts for Singapore between 2022 and 2023 were Thailand ($901k), Chinese Taipei ($91.9k), and Spain ($3.4k).

Latest Trends

Jan 2025

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 Animal 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 (2023)$2.13M
IMPORTS (2023)$8.81M
NET TRADE (2023)-$6.69M

In 2023, Singapore exported $2.13M in Animal Extracts. The main destinations of Singapore exports on Animal Extracts were Malaysia ($1.93M), Australia ($105k), Brunei ($50.5k), Indonesia ($22.8k), and Canada ($13.1k).

In 2023, Singapore imported $8.81M in Animal Extracts, mainly from Malaysia ($6.93M), Thailand ($942k), Chinese Taipei ($361k), United Kingdom ($184k), and Japan ($162k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Extracts EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Malaysia$1.88M (4.35k%)
Australia$82.4k (362%)
Brunei$48.2k (2.13k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Extracts BY Singapore WERE (2022 - 2023):
Chinese Taipei-$22.4k (-96.6%)
Hong Kong-$18k (-98.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Animal Extracts were:
China $21.8M
Italy $20.7M
In 2023, Singapore's main importing competitors in Animal Extracts were:

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Trade Value of Animal Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALHong Kong+ $4.37k
TOP IMPORT POTENTIALChina+ $145k

Animal Extracts’s highest export potential is Hong Kong. With an export gap of $4.37k.   Animal Extracts’s highest import potential is China with an import gap of $145k.

See methodology.

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