2022
Exports
$9.31MWorld Rnk 21 / 95
Flag Rnk 584 / 1198
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$24.5MWorld Rnk 30 / 178
Flag Rnk 630 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $9.31M in Nitrile Compounds, making it the 21st largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 584th most exported product in Singapore. The main destination of Nitrile Compounds exports from Singapore are: United States ($2.76M), India ($1.45M), China ($1.17M), Thailand ($987k), and South Korea ($714k).

The fastest growing export markets for Nitrile Compounds of Singapore between 2021 and 2022 were United States ($2.5M), China ($501k), and Thailand ($469k).

Imports In 2022, Singapore imported $24.5M in Nitrile Compounds, becoming the 30th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 630th most imported product in Singapore. Singapore imports Nitrile Compounds primarily from: China ($11.7M), India ($5.72M), United States ($1.86M), Germany ($1.8M), and South Korea ($1.04M).

The fastest growing import markets in Nitrile Compounds for Singapore between 2021 and 2022 were India ($3.66M), Switzerland ($188k), and Ireland ($172k).

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 Nitrile Compounds. 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)$9.31M
IMPORTS (2022)$24.5M
NET TRADE (2022)-$15.2M

In 2022, Singapore exported $9.31M in Nitrile Compounds. The main destinations of Singapore exports on Nitrile Compounds were United States ($2.76M), India ($1.45M), China ($1.17M), Thailand ($987k), and South Korea ($714k).

In 2022, Singapore imported $24.5M in Nitrile Compounds, mainly from China ($11.7M), India ($5.72M), United States ($1.86M), Germany ($1.8M), and South Korea ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$2.5M (964%)
China$501k (74.4%)
Thailand$469k (90.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Singapore WERE (2021 - 2022):
Belgium-$7.21M (-100%)
South Korea-$960k (-57.3%)
Pakistan-$209k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $826k
TOP IMPORT POTENTIALChina+ $1.64M

Nitrile Compounds’s highest export potential is India. With an export gap of $826k.   Nitrile Compounds’s highest import potential is China with an import gap of $1.64M.

See methodology.

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