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Exports In 2023, Singapore exported $1.26M in Wood Tar, Oils and Pitch, making it the 14th largest exporter of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 855th most exported product in Singapore. The main destination of Wood Tar, Oils and Pitch exports from Singapore are: Philippines ($1.19M), Australia ($29.7k), Maldives ($17.9k), Indonesia ($9.54k), and China ($8.99k).

The fastest growing export markets for Wood Tar, Oils and Pitch of Singapore between 2022 and 2023 were Maldives ($17.9k), Australia ($15.6k), and Indonesia ($7.97k).

Imports In 2023, Singapore imported $171k in Wood Tar, Oils and Pitch, becoming the 48th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1138th most imported product in Singapore. Singapore imports Wood Tar, Oils and Pitch primarily from: Netherlands ($65.2k), Malaysia ($53.4k), United States ($25.1k), Spain ($12.6k), and Germany ($6.67k).

The fastest growing import markets in Wood Tar, Oils and Pitch for Singapore between 2022 and 2023 were Malaysia ($21.3k), Denmark ($1.64k), and France ($1.55k).

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 Wood Tar, Oils and Pitch. 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)$1.26M
IMPORTS (2023)$171k
NET TRADE (2023)$1.09M

In 2023, Singapore exported $1.26M in Wood Tar, Oils and Pitch. The main destinations of Singapore exports on Wood Tar, Oils and Pitch were Philippines ($1.19M), Australia ($29.7k), Maldives ($17.9k), Indonesia ($9.54k), and China ($8.99k).

In 2023, Singapore imported $171k in Wood Tar, Oils and Pitch, mainly from Netherlands ($65.2k), Malaysia ($53.4k), United States ($25.1k), Spain ($12.6k), and Germany ($6.67k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Tar, Oils and Pitch EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Maldives$17.9k (1%)
Australia$15.6k (111%)
Indonesia$7.97k (509%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY Singapore WERE (2022 - 2023):
Philippines-$42.9k (-3.48%)
Malaysia-$11.3k (-83.9%)
Japan-$2.59k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Wood Tar, Oils and Pitch were:
In 2023, Singapore's main importing competitors in Wood Tar, Oils and Pitch were:

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $16.7k
TOP IMPORT POTENTIALUnited States+ $20.3k

Wood Tar, Oils and Pitch’s highest export potential is China. With an export gap of $16.7k.   Wood Tar, Oils and Pitch’s highest import potential is United States with an import gap of $20.3k.

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