2022
Exports
$1.37BWorld Rnk 5 / 155
Flag Rnk 40 / 1198
2022
PRODUCT COMPLEXITY IN Saturated Acyclic Monocarboxylic Acids
1.08Rnk 141 / 1025
2022
Imports
$570MWorld Rnk 13 / 203
Flag Rnk 92 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.37B in Saturated Acyclic Monocarboxylic Acids, making it the 5th largest exporter of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 40th most exported product in Singapore. The main destination of Saturated Acyclic Monocarboxylic Acids exports from Singapore are: India ($368M), Belgium ($216M), Thailand ($152M), Indonesia ($104M), and Malaysia ($81M).

The fastest growing export markets for Saturated Acyclic Monocarboxylic Acids of Singapore between 2021 and 2022 were Belgium ($47.9M), United Kingdom ($12.8M), and Japan ($7.19M).

Imports In 2022, Singapore imported $570M in Saturated Acyclic Monocarboxylic Acids, becoming the 13th largest importer of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 92nd most imported product in Singapore. Singapore imports Saturated Acyclic Monocarboxylic Acids primarily from: China ($156M), Chinese Taipei ($119M), United States ($118M), Japan ($58.9M), and India ($46.6M).

The fastest growing import markets in Saturated Acyclic Monocarboxylic Acids for Singapore between 2021 and 2022 were China ($73.2M), United States ($32.6M), and Japan ($16.7M).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (4) were at the forefront of shipping Saturated Acyclic Monocarboxylic Acids from Singapore to the United States.

Latest Trends

Oct 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 Saturated Acyclic Monocarboxylic Acids. 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)$1.37B
IMPORTS (2022)$570M
NET TRADE (2022)$798M

In 2022, Singapore exported $1.37B in Saturated Acyclic Monocarboxylic Acids. The main destinations of Singapore exports on Saturated Acyclic Monocarboxylic Acids were India ($368M), Belgium ($216M), Thailand ($152M), Indonesia ($104M), and Malaysia ($81M).

In 2022, Singapore imported $570M in Saturated Acyclic Monocarboxylic Acids, mainly from China ($156M), Chinese Taipei ($119M), United States ($118M), Japan ($58.9M), and India ($46.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saturated Acyclic Monocarboxylic Acids EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Belgium$47.9M (28.5%)
United Kingdom$12.8M (6.83k%)
Japan$7.19M (29.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saturated Acyclic Monocarboxylic Acids BY Singapore WERE (2021 - 2022):
Italy-$16.5M (-74.5%)
Thailand-$10.4M (-6.43%)
Vietnam-$9.97M (-27.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Saturated Acyclic Monocarboxylic Acids were:
In 2022, Singapore's main importing competitors in Saturated Acyclic Monocarboxylic Acids were:
India $1.82B
Belgium $1.75B
Germany $1.48B

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Trade Value of Saturated Acyclic Monocarboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.5M
TOP IMPORT POTENTIALMalaysia+ $20.4M

Saturated Acyclic Monocarboxylic Acids’s highest export potential is China. With an export gap of $17.5M.   Saturated Acyclic Monocarboxylic Acids’s highest import potential is Malaysia with an import gap of $20.4M.

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