2022
Exports
$109MWorld Rnk 13 / 123
Flag Rnk 217 / 1198
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$66.6MWorld Rnk 26 / 197
Flag Rnk 402 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $109M in Petroleum Resins, making it the 13th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 217th most exported product in Singapore. The main destination of Petroleum Resins exports from Singapore are: China ($21.7M), France ($12.8M), Germany ($11.1M), Belgium ($9.58M), and Malaysia ($9.44M).

The fastest growing export markets for Petroleum Resins of Singapore between 2021 and 2022 were Germany ($4.17M), United Kingdom ($1.47M), and Malaysia ($1.15M).

Imports In 2022, Singapore imported $66.6M in Petroleum Resins, becoming the 26th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 402nd most imported product in Singapore. Singapore imports Petroleum Resins primarily from: United States ($32.3M), Japan ($12.9M), China ($7.33M), Germany ($3.72M), and India ($1.9M).

The fastest growing import markets in Petroleum Resins for Singapore between 2021 and 2022 were Japan ($5.05M), China ($2.02M), and Switzerland ($1.13M).

COMPANIES In 2023, leading companies such as HP Inc (2) were at the forefront of shipping Petroleum Resins 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 Petroleum Resins. 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)$109M
IMPORTS (2022)$66.6M
NET TRADE (2022)$42.4M

In 2022, Singapore exported $109M in Petroleum Resins. The main destinations of Singapore exports on Petroleum Resins were China ($21.7M), France ($12.8M), Germany ($11.1M), Belgium ($9.58M), and Malaysia ($9.44M).

In 2022, Singapore imported $66.6M in Petroleum Resins, mainly from United States ($32.3M), Japan ($12.9M), China ($7.33M), Germany ($3.72M), and India ($1.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Germany$4.17M (59.8%)
United Kingdom$1.47M (292%)
Malaysia$1.15M (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Singapore WERE (2021 - 2022):
France-$11.9M (-48.2%)
China-$7.08M (-24.6%)
Indonesia-$3.6M (-46.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.6M
TOP IMPORT POTENTIALChina+ $4.12M

Petroleum Resins’s highest export potential is China. With an export gap of $5.6M.   Petroleum Resins’s highest import potential is China with an import gap of $4.12M.

See methodology.

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