2023
Exports
$72.7MWorld Rnk 14 / 137
Flag Rnk 234 / 1202
2023
PRODUCT COMPLEXITY IN Prepared Pigments
1.13Rnk 132 / 1025
2023
Imports
$29.7MWorld Rnk 42 / 201
Flag Rnk 543 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $72.7M in Prepared Pigments, making it the 14th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 234th most exported product in Singapore. The main destination of Prepared Pigments exports from Singapore are: South Korea ($35.8M), Malaysia ($16M), Laos ($7.31M), Vietnam ($4.86M), and Germany ($4.84M).

The fastest growing export markets for Prepared Pigments of Singapore between 2022 and 2023 were Laos ($7.31M), Vietnam ($4.69M), and Germany ($4.3M).

Imports In 2023, Singapore imported $29.7M in Prepared Pigments, becoming the 42nd largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 543rd most imported product in Singapore. Singapore imports Prepared Pigments primarily from: Japan ($12.2M), China ($6.91M), United States ($4.08M), Hong Kong ($2.69M), and Germany ($1.01M).

The fastest growing import markets in Prepared Pigments for Singapore between 2022 and 2023 were China ($1.45M), South Korea ($592k), and India ($426k).

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 Prepared Pigments. 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)$72.7M
IMPORTS (2023)$29.7M
NET TRADE (2023)$43.1M

In 2023, Singapore exported $72.7M in Prepared Pigments. The main destinations of Singapore exports on Prepared Pigments were South Korea ($35.8M), Malaysia ($16M), Laos ($7.31M), Vietnam ($4.86M), and Germany ($4.84M).

In 2023, Singapore imported $29.7M in Prepared Pigments, mainly from Japan ($12.2M), China ($6.91M), United States ($4.08M), Hong Kong ($2.69M), and Germany ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Laos$7.31M (1%)
Vietnam$4.69M (2.76k%)
Germany$4.3M (788%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Singapore WERE (2022 - 2023):
Malaysia-$30.5M (-65.6%)
South Korea-$1.54M (-4.12%)
India-$1.27M (-93.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Prepared Pigments were:
Spain $1.01B
China $636M
Japan $493M
In 2023, Singapore's main importing competitors in Prepared Pigments were:

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.14M
TOP IMPORT POTENTIALChina+ $1.63M

Prepared Pigments’s highest export potential is India. With an export gap of $1.14M.   Prepared Pigments’s highest import potential is China with an import gap of $1.63M.

See methodology.

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