2023
Exports
$1.12BWorld Rnk 15 / 181
Flag Rnk 38 / 1202
2023
PRODUCT COMPLEXITY IN Polyacetals
0.78Rnk 259 / 1025
2023
Imports
$566MWorld Rnk 30 / 223
Flag Rnk 83 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $1.12B in Polyacetals, making it the 15th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 38th most exported product in Singapore. The main destination of Polyacetals exports from Singapore are: China ($250M), Malaysia ($145M), India ($121M), Vietnam ($113M), and Thailand ($81.6M).

The fastest growing export markets for Polyacetals of Singapore between 2022 and 2023 were Vietnam ($46.8M), South Korea ($25.8M), and Hungary ($3.69M).

Imports In 2023, Singapore imported $566M in Polyacetals, becoming the 30th largest importer of Polyacetals in the world. At the same year, Polyacetals was the 83rd most imported product in Singapore. Singapore imports Polyacetals primarily from: Saudi Arabia ($131M), United States ($123M), China ($57.8M), Japan ($37.6M), and Malaysia ($33.3M).

The fastest growing import markets in Polyacetals for Singapore between 2022 and 2023 were Italy ($8.05M), Israel ($7.18M), and Belgium ($849k).

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 Polyacetals. 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)$1.12B
IMPORTS (2023)$566M
NET TRADE (2023)$550M

In 2023, Singapore exported $1.12B in Polyacetals. The main destinations of Singapore exports on Polyacetals were China ($250M), Malaysia ($145M), India ($121M), Vietnam ($113M), and Thailand ($81.6M).

In 2023, Singapore imported $566M in Polyacetals, mainly from Saudi Arabia ($131M), United States ($123M), China ($57.8M), Japan ($37.6M), and Malaysia ($33.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$46.8M (70.6%)
South Korea$25.8M (180%)
Hungary$3.69M (65.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY Singapore WERE (2022 - 2023):
Netherlands-$32.7M (-70.5%)
Turkey-$20.1M (-54.6%)
United States-$18.6M (-56.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $58.8M
TOP IMPORT POTENTIALChina+ $47.8M

Polyacetals’s highest export potential is China. With an export gap of $58.8M.   Polyacetals’s highest import potential is China with an import gap of $47.8M.

See methodology.

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