2022
Exports
$26MWorld Rnk 28 / 123
Flag Rnk 419 / 1198
2022
PRODUCT COMPLEXITY IN Inorganic Salts
-0.39Rnk 671 / 1025
2022
Imports
$80.9MWorld Rnk 19 / 186
Flag Rnk 366 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $26M in Inorganic Salts, making it the 28th largest exporter of Inorganic Salts in the world. At the same year, Inorganic Salts was the 419th most exported product in Singapore. The main destination of Inorganic Salts exports from Singapore are: China ($7.56M), India ($4.85M), Netherlands ($2.57M), Japan ($2.01M), and Chinese Taipei ($1.74M).

The fastest growing export markets for Inorganic Salts of Singapore between 2021 and 2022 were China ($6.19M), India ($3.71M), and Chinese Taipei ($1.67M).

Imports In 2022, Singapore imported $80.9M in Inorganic Salts, becoming the 19th largest importer of Inorganic Salts in the world. At the same year, Inorganic Salts was the 366th most imported product in Singapore. Singapore imports Inorganic Salts primarily from: South Korea ($35.5M), United States ($15.1M), China ($9.47M), Malaysia ($8.62M), and Norway ($5.05M).

The fastest growing import markets in Inorganic Salts for Singapore between 2021 and 2022 were South Korea ($35.5M), United States ($9.87M), and China ($1.36M).

Latest Trends

Sep 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 Inorganic Salts. 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)$26M
IMPORTS (2022)$80.9M
NET TRADE (2022)-$55M

In 2022, Singapore exported $26M in Inorganic Salts. The main destinations of Singapore exports on Inorganic Salts were China ($7.56M), India ($4.85M), Netherlands ($2.57M), Japan ($2.01M), and Chinese Taipei ($1.74M).

In 2022, Singapore imported $80.9M in Inorganic Salts, mainly from South Korea ($35.5M), United States ($15.1M), China ($9.47M), Malaysia ($8.62M), and Norway ($5.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inorganic Salts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$6.19M (451%)
India$3.71M (327%)
Chinese Taipei$1.67M (2.36k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inorganic Salts BY Singapore WERE (2021 - 2022):
Turkey-$1.32M (-100%)
Philippines-$928k (-65.2%)
Netherlands-$795k (-23.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inorganic Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.61M
TOP IMPORT POTENTIALChina+ $7.46M

Inorganic Salts’s highest export potential is China. With an export gap of $1.61M.   Inorganic Salts’s highest import potential is China with an import gap of $7.46M.

See methodology.

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