2022
Exports
$359MWorld Rnk 11 / 202
Flag Rnk 109 / 1198
2022
PRODUCT COMPLEXITY IN Perfumes
-0.14Rnk 594 / 1025
2022
Imports
$708MWorld Rnk 9 / 222
Flag Rnk 77 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $359M in Perfumes, making it the 11th largest exporter of Perfumes in the world. At the same year, Perfumes was the 109th most exported product in Singapore. The main destination of Perfumes exports from Singapore are: China ($74.4M), Hong Kong ($63.5M), United States ($45.2M), Indonesia ($31M), and South Korea ($22.3M).

The fastest growing export markets for Perfumes of Singapore between 2021 and 2022 were Malaysia ($9.54M), Philippines ($6.17M), and South Korea ($5.41M).

Imports In 2022, Singapore imported $708M in Perfumes, becoming the 9th largest importer of Perfumes in the world. At the same year, Perfumes was the 77th most imported product in Singapore. Singapore imports Perfumes primarily from: France ($350M), Indonesia ($64.4M), United States ($54.4M), Italy ($50.7M), and Spain ($45.5M).

The fastest growing import markets in Perfumes for Singapore between 2021 and 2022 were France ($59.7M), United States ($9.82M), and Netherlands ($6.6M).

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 Perfumes. 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)$359M
IMPORTS (2022)$708M
NET TRADE (2022)-$349M

In 2022, Singapore exported $359M in Perfumes. The main destinations of Singapore exports on Perfumes were China ($74.4M), Hong Kong ($63.5M), United States ($45.2M), Indonesia ($31M), and South Korea ($22.3M).

In 2022, Singapore imported $708M in Perfumes, mainly from France ($350M), Indonesia ($64.4M), United States ($54.4M), Italy ($50.7M), and Spain ($45.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$9.54M (97.6%)
Philippines$6.17M (122%)
South Korea$5.41M (32.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Singapore WERE (2021 - 2022):
Hong Kong-$51.4M (-44.8%)
China-$9.63M (-11.5%)
Indonesia-$3.55M (-10.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Perfumes were:
France $7.24B
Spain $2.58B
Germany $1.67B
In 2022, Singapore's main importing competitors in Perfumes were:

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.01M
TOP IMPORT POTENTIALUnited Arab Emirates+ $4.55M

Perfumes’s highest export potential is United States. With an export gap of $7.01M.   Perfumes’s highest import potential is United Arab Emirates with an import gap of $4.55M.

See methodology.

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