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Exports In 2022, Singapore exported $354k in Wool Grease, making it the 24th largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1018th most exported product in Singapore. The main destination of Wool Grease exports from Singapore are: Germany ($91.3k), Slovakia ($80.6k), Malaysia ($55.2k), Thailand ($38.5k), and United States ($31.6k).

The fastest growing export markets for Wool Grease of Singapore between 2021 and 2022 were Germany ($65.1k), Slovakia ($63.6k), and Malaysia ($48.5k).

Imports In 2022, Singapore imported $376k in Wool Grease, becoming the 53rd largest importer of Wool Grease in the world. At the same year, Wool Grease was the 1107th most imported product in Singapore. Singapore imports Wool Grease primarily from: United States ($125k), Belgium ($108k), Thailand ($53.2k), Japan ($47.5k), and United Kingdom ($30.1k).

The fastest growing import markets in Wool Grease for Singapore between 2021 and 2022 were Thailand ($53.2k), Belgium ($47.6k), and China ($4.21k).

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 Wool Grease. 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)$354k
IMPORTS (2022)$376k
NET TRADE (2022)-$22k

In 2022, Singapore exported $354k in Wool Grease. The main destinations of Singapore exports on Wool Grease were Germany ($91.3k), Slovakia ($80.6k), Malaysia ($55.2k), Thailand ($38.5k), and United States ($31.6k).

In 2022, Singapore imported $376k in Wool Grease, mainly from United States ($125k), Belgium ($108k), Thailand ($53.2k), Japan ($47.5k), and United Kingdom ($30.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Germany$65.1k (248%)
Slovakia$63.6k (373%)
Malaysia$48.5k (722%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Singapore WERE (2021 - 2022):
China-$103k (-100%)
India-$45.9k (-100%)
Vietnam-$37.2k (-93.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $24.1k
TOP IMPORT POTENTIALChina+ $21.3k

Wool Grease’s highest export potential is United States. With an export gap of $24.1k.   Wool Grease’s highest import potential is China with an import gap of $21.3k.

See methodology.

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