2022
Exports
$111MWorld Rnk 12 / 140
Flag Rnk 215 / 1198
2022
PRODUCT COMPLEXITY IN Enzymes
1.11Rnk 130 / 1025
2022
Imports
$145MWorld Rnk 14 / 200
Flag Rnk 258 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $111M in Enzymes, making it the 12th largest exporter of Enzymes in the world. At the same year, Enzymes was the 215th most exported product in Singapore. The main destination of Enzymes exports from Singapore are: Indonesia ($22.9M), Vietnam ($17.6M), Philippines ($16.8M), Malaysia ($14.9M), and Thailand ($11.7M).

The fastest growing export markets for Enzymes of Singapore between 2021 and 2022 were Philippines ($4.08M), Malaysia ($598k), and Saudi Arabia ($432k).

Imports In 2022, Singapore imported $145M in Enzymes, becoming the 14th largest importer of Enzymes in the world. At the same year, Enzymes was the 258th most imported product in Singapore. Singapore imports Enzymes primarily from: United States ($63M), Netherlands ($21.6M), Denmark ($10.6M), France ($9.77M), and Finland ($9.42M).

The fastest growing import markets in Enzymes for Singapore between 2021 and 2022 were Netherlands ($2.32M), France ($1.72M), and Malaysia ($1.46M).

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 Enzymes. 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)$111M
IMPORTS (2022)$145M
NET TRADE (2022)-$33.8M

In 2022, Singapore exported $111M in Enzymes. The main destinations of Singapore exports on Enzymes were Indonesia ($22.9M), Vietnam ($17.6M), Philippines ($16.8M), Malaysia ($14.9M), and Thailand ($11.7M).

In 2022, Singapore imported $145M in Enzymes, mainly from United States ($63M), Netherlands ($21.6M), Denmark ($10.6M), France ($9.77M), and Finland ($9.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Philippines$4.08M (32.1%)
Malaysia$598k (4.19%)
Saudi Arabia$432k (59%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Singapore WERE (2021 - 2022):
Bangladesh-$3.21M (-38.5%)
China-$2.15M (-36.3%)
India-$1.77M (-32.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Enzymes were:
In 2022, Singapore's main importing competitors in Enzymes were:

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Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.04M
TOP IMPORT POTENTIALChina+ $3.87M

Enzymes’s highest export potential is China. With an export gap of $2.04M.   Enzymes’s highest import potential is China with an import gap of $3.87M.

See methodology.

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