2023
Exports
$289MWorld Rnk 7 / 104
Flag Rnk 109 / 1202
2023
PRODUCT COMPLEXITY IN Phenols
1.59Rnk 34 / 1025
2023
Imports
$55.4MWorld Rnk 22 / 179
Flag Rnk 425 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $289M in Phenols, making it the 7th largest exporter of Phenols in the world. At the same year, Phenols was the 109th most exported product in Singapore. The main destination of Phenols exports from Singapore are: China ($90.4M), Thailand ($69.8M), India ($43.6M), Malaysia ($27.5M), and South Korea ($19.5M).

The fastest growing export markets for Phenols of Singapore between 2022 and 2023 were Thailand ($43.7M), India ($20.5M), and United Arab Emirates ($701k).

Imports In 2023, Singapore imported $55.4M in Phenols, becoming the 22nd largest importer of Phenols in the world. At the same year, Phenols was the 425th most imported product in Singapore. Singapore imports Phenols primarily from: Chinese Taipei ($27.6M), United States ($7.24M), China ($5.67M), India ($4.15M), and Germany ($3.56M).

The fastest growing import markets in Phenols for Singapore between 2022 and 2023 were United States ($2.38M), South Korea ($1.47M), and India ($1.15M).

COMPANIES In 2024, leading companies such as Team Hardinger (1) and Goya Foods (1) were at the forefront of shipping Phenols from Singapore to the United States.

Latest Trends

Jan 2025

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 Phenols. 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)$289M
IMPORTS (2023)$55.4M
NET TRADE (2023)$234M

In 2023, Singapore exported $289M in Phenols. The main destinations of Singapore exports on Phenols were China ($90.4M), Thailand ($69.8M), India ($43.6M), Malaysia ($27.5M), and South Korea ($19.5M).

In 2023, Singapore imported $55.4M in Phenols, mainly from Chinese Taipei ($27.6M), United States ($7.24M), China ($5.67M), India ($4.15M), and Germany ($3.56M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Thailand$43.7M (168%)
India$20.5M (89.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY Singapore WERE (2022 - 2023):
China-$134M (-59.7%)
United States-$12.8M (-95.1%)
Chinese Taipei-$12.7M (-89.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Phenols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.88M
TOP IMPORT POTENTIALIndia+ $1.75M

Phenols’s highest export potential is India. With an export gap of $7.88M.   Phenols’s highest import potential is India with an import gap of $1.75M.

See methodology.

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