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Exports In 2022, Singapore exported $1.51M in Turpentine, making it the 25th largest exporter of Turpentine in the world. At the same year, Turpentine was the 873rd most exported product in Singapore. The main destination of Turpentine exports from Singapore are: India ($736k), Indonesia ($198k), South Korea ($158k), Brunei ($128k), and Australia ($81.4k).

The fastest growing export markets for Turpentine of Singapore between 2021 and 2022 were India ($350k), Australia ($70k), and Philippines ($25.9k).

Imports In 2022, Singapore imported $1.79M in Turpentine, becoming the 24th largest importer of Turpentine in the world. At the same year, Turpentine was the 1008th most imported product in Singapore. Singapore imports Turpentine primarily from: China ($457k), Brazil ($404k), India ($244k), Indonesia ($214k), and United States ($136k).

The fastest growing import markets in Turpentine for Singapore between 2021 and 2022 were Brazil ($388k), India ($170k), and Australia ($69.7k).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (5) were at the forefront of shipping Turpentine from Singapore to the United States.

Latest Trends

Jul 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 Turpentine. 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)$1.51M
IMPORTS (2022)$1.79M
NET TRADE (2022)-$282k

In 2022, Singapore exported $1.51M in Turpentine. The main destinations of Singapore exports on Turpentine were India ($736k), Indonesia ($198k), South Korea ($158k), Brunei ($128k), and Australia ($81.4k).

In 2022, Singapore imported $1.79M in Turpentine, mainly from China ($457k), Brazil ($404k), India ($244k), Indonesia ($214k), and United States ($136k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$350k (90.9%)
Australia$70k (618%)
Philippines$25.9k (73%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Singapore WERE (2021 - 2022):
South Korea-$81.2k (-34%)
Papua New Guinea-$59.6k (-94.9%)
Thailand-$18k (-66%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Turpentine were:
In 2022, Singapore's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $165k
TOP IMPORT POTENTIALIndonesia+ $120k

Turpentine’s highest export potential is India. With an export gap of $165k.   Turpentine’s highest import potential is Indonesia with an import gap of $120k.

See methodology.

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