2022
Exports
$5.57BWorld Rnk 10 / 226
Flag Rnk 11 / 96
2022
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.49Rnk 370 / 1025
2022
Imports
$4BWorld Rnk 10 / 225
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.57B in Perfumery & cosmetics, making it the 10th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 11th most exported product in Singapore. The main destination of Perfumery & cosmetics exports from Singapore are: China ($1.85B), Hong Kong ($704M), Vietnam ($491M), Thailand ($455M), and Indonesia ($306M).

The fastest growing export markets for Perfumery & cosmetics of Singapore between 2021 and 2022 were Vietnam ($110M), Malaysia ($52.9M), and Thailand ($23.2M).

Imports In 2022, Singapore imported $4B in Perfumery & cosmetics, becoming the 10th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 13th most imported product in Singapore. Singapore imports Perfumery & cosmetics primarily from: France ($1.54B), Japan ($724M), United States ($408M), China ($145M), and South Korea ($133M).

The fastest growing import markets in Perfumery & cosmetics for Singapore between 2021 and 2022 were United States ($36.8M), Italy ($19.3M), and China ($17.9M).

COMPANIES In 2023, leading companies such as L'Oreal (6), Givaudan Fragrances (2), and Conair (1) were at the forefront of shipping Perfumery & cosmetics from Singapore to the United States.

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 Perfumery & cosmetics. 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)$5.57B
IMPORTS (2022)$4B
NET TRADE (2022)$1.57B

In 2022, Singapore exported $5.57B in Perfumery & cosmetics. The main destinations of Singapore exports on Perfumery & cosmetics were China ($1.85B), Hong Kong ($704M), Vietnam ($491M), Thailand ($455M), and Indonesia ($306M).

In 2022, Singapore imported $4B in Perfumery & cosmetics, mainly from France ($1.54B), Japan ($724M), United States ($408M), China ($145M), and South Korea ($133M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Vietnam$110M (29%)
Malaysia$52.9M (22.6%)
Thailand$23.2M (5.38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Singapore WERE (2021 - 2022):
Hong Kong-$275M (-28.1%)
Macau-$36.2M (-80%)
France-$8.65M (-41.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Perfumery & cosmetics were:
In 2022, Singapore's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $85.1M
TOP IMPORT POTENTIALChina+ $55.9M

Perfumery & cosmetics’s highest export potential is China. With an export gap of $85.1M.   Perfumery & cosmetics’s highest import potential is China with an import gap of $55.9M.

See methodology.

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