2022
Exports
$5.8MWorld Rnk 24 / 153
Flag Rnk 664 / 1198
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$12.7MWorld Rnk 15 / 197
Flag Rnk 749 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.8M in Insect Resins, making it the 24th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 664th most exported product in Singapore. The main destination of Insect Resins exports from Singapore are: Saudi Arabia ($1.17M), Indonesia ($822k), Germany ($523k), India ($428k), and South Africa ($404k).

The fastest growing export markets for Insect Resins of Singapore between 2021 and 2022 were Germany ($264k), United Kingdom ($236k), and Indonesia ($223k).

Imports In 2022, Singapore imported $12.7M in Insect Resins, becoming the 15th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 749th most imported product in Singapore. Singapore imports Insect Resins primarily from: India ($3.85M), France ($3.01M), Indonesia ($2.57M), China ($964k), and United Kingdom ($552k).

The fastest growing import markets in Insect Resins for Singapore between 2021 and 2022 were France ($708k), United Kingdom ($477k), and India ($289k).

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 Insect Resins. 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)$5.8M
IMPORTS (2022)$12.7M
NET TRADE (2022)-$6.86M

In 2022, Singapore exported $5.8M in Insect Resins. The main destinations of Singapore exports on Insect Resins were Saudi Arabia ($1.17M), Indonesia ($822k), Germany ($523k), India ($428k), and South Africa ($404k).

In 2022, Singapore imported $12.7M in Insect Resins, mainly from India ($3.85M), France ($3.01M), Indonesia ($2.57M), China ($964k), and United Kingdom ($552k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Germany$264k (102%)
United Kingdom$236k (6.54k%)
Indonesia$223k (37.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Singapore WERE (2021 - 2022):
China-$487k (-57.8%)
United States-$165k (-85.8%)
United Arab Emirates-$138k (-32.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $350k
TOP IMPORT POTENTIALIndia+ $187k

Insect Resins’s highest export potential is India. With an export gap of $350k.   Insect Resins’s highest import potential is India with an import gap of $187k.

See methodology.

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