2023
Exports
$2.26BWorld Rnk 6 / 158
Flag Rnk 24 / 1202
2023
PRODUCT COMPLEXITY IN Propylene Polymers
0.19Rnk 496 / 1025
2023
Imports
$709MWorld Rnk 18 / 205
Flag Rnk 66 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $2.26B in Propylene Polymers, making it the 6th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 24th most exported product in Singapore. The main destination of Propylene Polymers exports from Singapore are: China ($748M), India ($381M), Indonesia ($323M), Malaysia ($113M), and Vietnam ($109M).

The fastest growing export markets for Propylene Polymers of Singapore between 2022 and 2023 were Vietnam ($17.3M), South Korea ($5.77M), and Nigeria ($4.43M).

Imports In 2023, Singapore imported $709M in Propylene Polymers, becoming the 18th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 66th most imported product in Singapore. Singapore imports Propylene Polymers primarily from: Saudi Arabia ($219M), United States ($190M), Malaysia ($111M), South Korea ($58.4M), and France ($52.3M).

The fastest growing import markets in Propylene Polymers for Singapore between 2022 and 2023 were France ($23.9M), United States ($20.9M), and Malaysia ($20.7M).

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 Propylene Polymers. 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)$2.26B
IMPORTS (2023)$709M
NET TRADE (2023)$1.55B

In 2023, Singapore exported $2.26B in Propylene Polymers. The main destinations of Singapore exports on Propylene Polymers were China ($748M), India ($381M), Indonesia ($323M), Malaysia ($113M), and Vietnam ($109M).

In 2023, Singapore imported $709M in Propylene Polymers, mainly from Saudi Arabia ($219M), United States ($190M), Malaysia ($111M), South Korea ($58.4M), and France ($52.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$17.3M (18.7%)
South Korea$5.77M (21.6%)
Nigeria$4.43M (66.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Singapore WERE (2022 - 2023):
China-$212M (-22.1%)
Indonesia-$91.3M (-22%)
United States-$70.2M (-44.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Propylene Polymers were:
In 2023, Singapore's main importing competitors in Propylene Polymers were:
China $4.99B
Turkey $2.88B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $32.9M
TOP IMPORT POTENTIALMalaysia+ $19.7M

Propylene Polymers’s highest export potential is Malaysia. With an export gap of $32.9M.   Propylene Polymers’s highest import potential is Malaysia with an import gap of $19.7M.

See methodology.

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