2022
Exports
$962MWorld Rnk 7 / 180
Flag Rnk 53 / 1198
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$107MWorld Rnk 53 / 224
Flag Rnk 315 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $962M in Malt Extract, making it the 7th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 53rd most exported product in Singapore. The main destination of Malt Extract exports from Singapore are: Thailand ($158M), Japan ($150M), Malaysia ($89.9M), Vietnam ($63.3M), and Indonesia ($56.5M).

The fastest growing export markets for Malt Extract of Singapore between 2021 and 2022 were Kuwait ($24.9M), United States ($14.8M), and Malaysia ($11.8M).

Imports In 2022, Singapore imported $107M in Malt Extract, becoming the 53rd largest importer of Malt Extract in the world. At the same year, Malt Extract was the 315th most imported product in Singapore. Singapore imports Malt Extract primarily from: Malaysia ($34.7M), New Zealand ($9.64M), Netherlands ($9.35M), Thailand ($7.84M), and Australia ($6.89M).

The fastest growing import markets in Malt Extract for Singapore between 2021 and 2022 were New Zealand ($4.35M), Thailand ($1.28M), and Netherlands ($1.1M).

COMPANIES In 2023, leading companies such as American Omni Trading Company (18), HP Inc (3), and IKEA Group (2) were at the forefront of shipping Malt Extract from Singapore to the United States.

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 Malt Extract. 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)$962M
IMPORTS (2022)$107M
NET TRADE (2022)$855M

In 2022, Singapore exported $962M in Malt Extract. The main destinations of Singapore exports on Malt Extract were Thailand ($158M), Japan ($150M), Malaysia ($89.9M), Vietnam ($63.3M), and Indonesia ($56.5M).

In 2022, Singapore imported $107M in Malt Extract, mainly from Malaysia ($34.7M), New Zealand ($9.64M), Netherlands ($9.35M), Thailand ($7.84M), and Australia ($6.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Kuwait$24.9M (1.31k%)
United States$14.8M (102%)
Malaysia$11.8M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Singapore WERE (2021 - 2022):
Vietnam-$24.1M (-27.5%)
Saudi Arabia-$21.2M (-98.7%)
Indonesia-$16.4M (-22.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $31.8M
TOP IMPORT POTENTIALMalaysia+ $4.81M

Malt Extract’s highest export potential is China. With an export gap of $31.8M.   Malt Extract’s highest import potential is Malaysia with an import gap of $4.81M.

See methodology.

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