2022
Exports
$567MWorld Rnk 4 / 145
Flag Rnk 76 / 1198
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$174MWorld Rnk 23 / 203
Flag Rnk 223 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $567M in Carboxylic Acids, making it the 4th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 76th most exported product in Singapore. The main destination of Carboxylic Acids exports from Singapore are: United Arab Emirates ($451M), China ($43.7M), India ($10.4M), Japan ($10.2M), and Malaysia ($6.64M).

The fastest growing export markets for Carboxylic Acids of Singapore between 2021 and 2022 were United Arab Emirates ($451M), China ($6.36M), and Bahrain ($4.58M).

Imports In 2022, Singapore imported $174M in Carboxylic Acids, becoming the 23rd largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 223rd most imported product in Singapore. Singapore imports Carboxylic Acids primarily from: China ($93.2M), South Korea ($11.9M), Germany ($11.4M), India ($10.3M), and Israel ($9.82M).

The fastest growing import markets in Carboxylic Acids for Singapore between 2021 and 2022 were China ($45M), Israel ($5.34M), and France ($3.64M).

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 Carboxylic Acids. 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)$567M
IMPORTS (2022)$174M
NET TRADE (2022)$393M

In 2022, Singapore exported $567M in Carboxylic Acids. The main destinations of Singapore exports on Carboxylic Acids were United Arab Emirates ($451M), China ($43.7M), India ($10.4M), Japan ($10.2M), and Malaysia ($6.64M).

In 2022, Singapore imported $174M in Carboxylic Acids, mainly from China ($93.2M), South Korea ($11.9M), Germany ($11.4M), India ($10.3M), and Israel ($9.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United Arab Emirates$451M (40.1M%)
China$6.36M (17%)
Bahrain$4.58M (606%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Singapore WERE (2021 - 2022):
Ireland-$1.85M (-83.7%)
Australia-$1.06M (-44.8%)
Italy-$765k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Singapore's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $8.24M
N/AN/AN/A

Carboxylic Acids’s highest export potential is India. With an export gap of $8.24M.   Carboxylic Acids’s highest import potential is N/A with an import gap of N/A.

See methodology.

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