2022
Exports
$47.8MWorld Rnk 22 / 117
Flag Rnk 315 / 1198
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$135MWorld Rnk 12 / 198
Flag Rnk 265 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $47.8M in Whey and other milk products, making it the 22nd largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 315th most exported product in Singapore. The main destination of Whey and other milk products exports from Singapore are: China ($23.1M), Japan ($19.1M), South Korea ($3.11M), Philippines ($590k), and Burma ($498k).

The fastest growing export markets for Whey and other milk products of Singapore between 2021 and 2022 were China ($9.46M), Japan ($6.2M), and South Korea ($2.85M).

Imports In 2022, Singapore imported $135M in Whey and other milk products, becoming the 12th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 265th most imported product in Singapore. Singapore imports Whey and other milk products primarily from: New Zealand ($42.1M), United States ($24.2M), Australia ($14.1M), Denmark ($8.18M), and Turkey ($7.64M).

The fastest growing import markets in Whey and other milk products for Singapore between 2021 and 2022 were United States ($16.2M), Australia ($6.81M), and Turkey ($6.52M).

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 Whey and other milk products. 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)$47.8M
IMPORTS (2022)$135M
NET TRADE (2022)-$86.9M

In 2022, Singapore exported $47.8M in Whey and other milk products. The main destinations of Singapore exports on Whey and other milk products were China ($23.1M), Japan ($19.1M), South Korea ($3.11M), Philippines ($590k), and Burma ($498k).

In 2022, Singapore imported $135M in Whey and other milk products, mainly from New Zealand ($42.1M), United States ($24.2M), Australia ($14.1M), Denmark ($8.18M), and Turkey ($7.64M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$9.46M (69.4%)
Japan$6.2M (48.2%)
South Korea$2.85M (1.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Singapore WERE (2021 - 2022):
Malaysia-$2.7M (-99.3%)
Saudi Arabia-$1.89M (-100%)
India-$62.4k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Whey and other milk products were:
In 2022, Singapore's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $506k
TOP IMPORT POTENTIALGermany+ $1.56M

Whey and other milk products’s highest export potential is China. With an export gap of $506k.   Whey and other milk products’s highest import potential is Germany with an import gap of $1.56M.

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