2022
Exports
$158MWorld Rnk 14 / 155
Flag Rnk 184 / 1198
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$89.8MWorld Rnk 28 / 219
Flag Rnk 346 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $158M in Margarine, making it the 14th largest exporter of Margarine in the world. At the same year, Margarine was the 184th most exported product in Singapore. The main destination of Margarine exports from Singapore are: China ($37.7M), South Korea ($18.8M), Japan ($15.3M), Thailand ($12.4M), and Indonesia ($10.8M).

The fastest growing export markets for Margarine of Singapore between 2021 and 2022 were China ($25.9M), Japan ($2.87M), and Malaysia ($2.78M).

Imports In 2022, Singapore imported $89.8M in Margarine, becoming the 28th largest importer of Margarine in the world. At the same year, Margarine was the 346th most imported product in Singapore. Singapore imports Margarine primarily from: Malaysia ($40.9M), Indonesia ($26.1M), United States ($15.1M), Australia ($2.15M), and Italy ($1.09M).

The fastest growing import markets in Margarine for Singapore between 2021 and 2022 were Malaysia ($16.2M), Indonesia ($14M), and United States ($2.69M).

Latest Trends

Nov 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 Margarine. 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)$158M
IMPORTS (2022)$89.8M
NET TRADE (2022)$68.6M

In 2022, Singapore exported $158M in Margarine. The main destinations of Singapore exports on Margarine were China ($37.7M), South Korea ($18.8M), Japan ($15.3M), Thailand ($12.4M), and Indonesia ($10.8M).

In 2022, Singapore imported $89.8M in Margarine, mainly from Malaysia ($40.9M), Indonesia ($26.1M), United States ($15.1M), Australia ($2.15M), and Italy ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$25.9M (221%)
Japan$2.87M (23.1%)
Malaysia$2.78M (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Singapore WERE (2021 - 2022):
Australia-$1.31M (-31.9%)
South Africa-$1.29M (-31%)
Lebanon-$733k (-93.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Margarine were:
In 2022, Singapore's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.18M
TOP IMPORT POTENTIALIndonesia+ $5.73M

Margarine’s highest export potential is China. With an export gap of $5.18M.   Margarine’s highest import potential is Indonesia with an import gap of $5.73M.

See methodology.

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