2022
Exports
$5.78BWorld Rnk 13 / 222
Flag Rnk 10 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$3.8BWorld Rnk 21 / 226
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.78B in Chemical products n.e.s., making it the 13th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 10th most exported product in Singapore. The main destination of Chemical products n.e.s. exports from Singapore are: China ($966M), South Korea ($746M), Japan ($442M), Indonesia ($364M), and India ($352M).

The fastest growing export markets for Chemical products n.e.s. of Singapore between 2021 and 2022 were Belgium ($80.7M), Japan ($67M), and Papua New Guinea ($55.5M).

Imports In 2022, Singapore imported $3.8B in Chemical products n.e.s., becoming the 21st largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 14th most imported product in Singapore. Singapore imports Chemical products n.e.s. primarily from: United States ($1.13B), China ($584M), Japan ($509M), France ($368M), and Malaysia ($192M).

The fastest growing import markets in Chemical products n.e.s. for Singapore between 2021 and 2022 were China ($90.9M), Oman ($37.9M), and Malaysia ($28M).

COMPANIES In 2023, leading companies such as HP Inc (119), CONTINENTAL AUTOMOTIVE SYSTEMS, INC (22), and Givaudan Fragrances (5) were at the forefront of shipping Chemical products n.e.s. from Singapore to the United States.

Latest Trends

Jul 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 Chemical products n.e.s.. 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)$5.78B
IMPORTS (2022)$3.8B
NET TRADE (2022)$1.98B

In 2022, Singapore exported $5.78B in Chemical products n.e.s.. The main destinations of Singapore exports on Chemical products n.e.s. were China ($966M), South Korea ($746M), Japan ($442M), Indonesia ($364M), and India ($352M).

In 2022, Singapore imported $3.8B in Chemical products n.e.s., mainly from United States ($1.13B), China ($584M), Japan ($509M), France ($368M), and Malaysia ($192M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Belgium$80.7M (381%)
Japan$67M (17.9%)
Papua New Guinea$55.5M (577%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Singapore WERE (2021 - 2022):
United States-$585M (-76.7%)
China-$376M (-28%)
Netherlands-$85.8M (-26.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Chemical products n.e.s. were:
In 2022, Singapore's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $65.4M
TOP IMPORT POTENTIALChina+ $119M

Chemical products n.e.s.’s highest export potential is Malaysia. With an export gap of $65.4M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $119M.

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