2023
Exports
$15.9BWorld Rnk 12 / 215
Flag Rnk 6 / 96
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$9.66BWorld Rnk 16 / 225
Flag Rnk 8 / 96
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $15.9B in Organic chemicals, making it the 12th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 6th most exported product in Singapore. The main destination of Organic chemicals exports from Singapore are: United States ($3.97B), Germany ($3B), China ($1.55B), India ($993M), and Belgium ($971M).

The fastest growing export markets for Organic chemicals of Singapore between 2022 and 2023 were United States ($2.64B), Ireland ($248M), and Brazil ($44.5M).

Imports In 2023, Singapore imported $9.66B in Organic chemicals, becoming the 16th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 8th most imported product in Singapore. Singapore imports Organic chemicals primarily from: China ($4.19B), Switzerland ($1.14B), United States ($659M), India ($626M), and Saudi Arabia ($438M).

The fastest growing import markets in Organic chemicals for Singapore between 2022 and 2023 were China ($591M), India ($147M), and Netherlands ($72.7M).

COMPANIES In 2024, leading companies such as Kontoor Brands (24), The Tile Shop (16), and REI (Recreational Equipment Incorporated) (6) were at the forefront of shipping Organic chemicals from Singapore to the United States.

Latest Trends

Dec 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 Organic chemicals. 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 (2023)$15.9B
IMPORTS (2023)$9.66B
NET TRADE (2023)$6.29B

In 2023, Singapore exported $15.9B in Organic chemicals. The main destinations of Singapore exports on Organic chemicals were United States ($3.97B), Germany ($3B), China ($1.55B), India ($993M), and Belgium ($971M).

In 2023, Singapore imported $9.66B in Organic chemicals, mainly from China ($4.19B), Switzerland ($1.14B), United States ($659M), India ($626M), and Saudi Arabia ($438M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
United States$2.64B (199%)
Ireland$248M (249%)
Brazil$44.5M (49.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Singapore WERE (2022 - 2023):
Belgium-$1.27B (-56.6%)
China-$876M (-36.1%)
Germany-$614M (-17%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Organic chemicals were:
In 2023, Singapore's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $70.8M
TOP IMPORT POTENTIALIndia+ $199M

Organic chemicals’s highest export potential is Japan. With an export gap of $70.8M.   Organic chemicals’s highest import potential is India with an import gap of $199M.

See methodology.

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