2023
Exports
$16.4MWorld Rnk 43 / 194
Flag Rnk 440 / 1202
2023
PRODUCT COMPLEXITY IN Perfume Plants
-1.84Rnk 985 / 1025
2023
Imports
$87.2MWorld Rnk 16 / 215
Flag Rnk 315 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $16.4M in Perfume Plants, making it the 43rd largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 440th most exported product in Singapore. The main destination of Perfume Plants exports from Singapore are: Chinese Taipei ($2.9M), China ($2.83M), Japan ($2.66M), India ($2.42M), and Hong Kong ($2.22M).

The fastest growing export markets for Perfume Plants of Singapore between 2022 and 2023 were India ($2.1M), Hong Kong ($1.43M), and Japan ($1.25M).

Imports In 2023, Singapore imported $87.2M in Perfume Plants, becoming the 16th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 315th most imported product in Singapore. Singapore imports Perfume Plants primarily from: China ($31M), Indonesia ($24.3M), Malaysia ($10.7M), Hong Kong ($4.49M), and Thailand ($4M).

The fastest growing import markets in Perfume Plants for Singapore between 2022 and 2023 were Indonesia ($22.9M), Thailand ($1.31M), and Nepal ($1.18M).

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 Perfume Plants. 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)$16.4M
IMPORTS (2023)$87.2M
NET TRADE (2023)-$70.8M

In 2023, Singapore exported $16.4M in Perfume Plants. The main destinations of Singapore exports on Perfume Plants were Chinese Taipei ($2.9M), China ($2.83M), Japan ($2.66M), India ($2.42M), and Hong Kong ($2.22M).

In 2023, Singapore imported $87.2M in Perfume Plants, mainly from China ($31M), Indonesia ($24.3M), Malaysia ($10.7M), Hong Kong ($4.49M), and Thailand ($4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
India$2.1M (650%)
Hong Kong$1.43M (181%)
Japan$1.25M (88.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Singapore WERE (2022 - 2023):
Vietnam-$5.9M (-98.7%)
Chinese Taipei-$2.55M (-46.8%)
Qatar-$1.69M (-74.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Perfume Plants were:
China $988M
India $467M
In 2023, Singapore's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.08M
TOP IMPORT POTENTIALIndia+ $1.1M

Perfume Plants’s highest export potential is China. With an export gap of $1.08M.   Perfume Plants’s highest import potential is India with an import gap of $1.1M.

See methodology.

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