2022
Exports
$138kWorld Rnk 45 / 71
Flag Rnk 1081 / 1198
2022
PRODUCT COMPLEXITY IN Animal Fat
0.41Rnk 403 / 1025
2022
Imports
$3.97MWorld Rnk 38 / 154
Flag Rnk 929 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $138k in Animal Fat, making it the 45th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 1081st most exported product in Singapore. The main destination of Animal Fat exports from Singapore are: Malaysia ($98.5k), Indonesia ($25.4k), and Brunei ($14.3k).

The fastest growing export markets for Animal Fat of Singapore between 2021 and 2022 were Malaysia ($98.5k), Brunei ($13k), and Indonesia ($12.4k).

Imports In 2022, Singapore imported $3.97M in Animal Fat, becoming the 38th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 929th most imported product in Singapore. Singapore imports Animal Fat primarily from: Spain ($898k), Germany ($701k), Canada ($577k), Netherlands ($354k), and Sweden ($286k).

The fastest growing import markets in Animal Fat for Singapore between 2021 and 2022 were Spain ($597k), Germany ($477k), and Canada ($262k).

Latest Trends

Oct 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 Animal Fat. 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)$138k
IMPORTS (2022)$3.97M
NET TRADE (2022)-$3.84M

In 2022, Singapore exported $138k in Animal Fat. The main destinations of Singapore exports on Animal Fat were Malaysia ($98.5k), Indonesia ($25.4k), and Brunei ($14.3k).

In 2022, Singapore imported $3.97M in Animal Fat, mainly from Spain ($898k), Germany ($701k), Canada ($577k), Netherlands ($354k), and Sweden ($286k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$98.5k (1%)
Brunei$13k (1.01k%)
Indonesia$12.4k (95.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Singapore WERE (2021 - 2022):
Germany-$85 (-100%)
Maldives-$23 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Animal Fat were:
Spain $162M
Canada $92.6M
In 2022, Singapore's main importing competitors in Animal Fat were:

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $893
TOP IMPORT POTENTIALPoland+ $52.6k

Animal Fat’s highest export potential is China. With an export gap of $893.   Animal Fat’s highest import potential is Poland with an import gap of $52.6k.

See methodology.

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