2023
Exports
$488kWorld Rnk 69 / 131
Flag Rnk 972 / 1202
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures
-1.43Rnk 935 / 1025
2023
Imports
$3.21MWorld Rnk 65 / 208
Flag Rnk 933 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $488k in Asphalt Mixtures, making it the 69th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 972nd most exported product in Singapore. The main destination of Asphalt Mixtures exports from Singapore are: Vietnam ($127k), Hong Kong ($104k), Indonesia ($61.9k), Brunei ($35.7k), and Maldives ($35.4k).

The fastest growing export markets for Asphalt Mixtures of Singapore between 2022 and 2023 were Vietnam ($119k), Thailand ($29.3k), and Brunei ($25.2k).

Imports In 2023, Singapore imported $3.21M in Asphalt Mixtures, becoming the 65th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 933rd most imported product in Singapore. Singapore imports Asphalt Mixtures primarily from: United States ($1.13M), Thailand ($770k), Malaysia ($635k), United Kingdom ($170k), and China ($122k).

The fastest growing import markets in Asphalt Mixtures for Singapore between 2022 and 2023 were Malaysia ($386k), Thailand ($247k), and United Kingdom ($122k).

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 Asphalt Mixtures. 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)$488k
IMPORTS (2023)$3.21M
NET TRADE (2023)-$2.72M

In 2023, Singapore exported $488k in Asphalt Mixtures. The main destinations of Singapore exports on Asphalt Mixtures were Vietnam ($127k), Hong Kong ($104k), Indonesia ($61.9k), Brunei ($35.7k), and Maldives ($35.4k).

In 2023, Singapore imported $3.21M in Asphalt Mixtures, mainly from United States ($1.13M), Thailand ($770k), Malaysia ($635k), United Kingdom ($170k), and China ($122k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$119k (1.47k%)
Thailand$29.3k (2.41k%)
Brunei$25.2k (240%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Singapore WERE (2022 - 2023):
South Korea-$32.5M (-100%)
Paraguay-$770k (-100%)
Maldives-$644k (-94.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Asphalt Mixtures were:
In 2023, Singapore's main importing competitors in Asphalt Mixtures were:

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndonesia+ $154k
TOP IMPORT POTENTIALMalaysia+ $295k

Asphalt Mixtures’s highest export potential is Indonesia. With an export gap of $154k.   Asphalt Mixtures’s highest import potential is Malaysia with an import gap of $295k.

See methodology.

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