2022
Exports
$51.3MWorld Rnk 13 / 170
Flag Rnk 308 / 1198
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$37.8MWorld Rnk 19 / 220
Flag Rnk 526 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $51.3M in Organic Composite Solvents, making it the 13th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 308th most exported product in Singapore. The main destination of Organic Composite Solvents exports from Singapore are: Bangladesh ($22.7M), Indonesia ($5.72M), Burma ($5.24M), India ($3.42M), and Malaysia ($3.14M).

The fastest growing export markets for Organic Composite Solvents of Singapore between 2021 and 2022 were Bangladesh ($4.42M), Philippines ($1.19M), and Burma ($1.12M).

Imports In 2022, Singapore imported $37.8M in Organic Composite Solvents, becoming the 19th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 526th most imported product in Singapore. Singapore imports Organic Composite Solvents primarily from: South Korea ($13.8M), Malaysia ($7.36M), United States ($7.05M), Chinese Taipei ($2.66M), and Germany ($1.73M).

The fastest growing import markets in Organic Composite Solvents for Singapore between 2021 and 2022 were Malaysia ($1.66M), South Korea ($662k), and Indonesia ($286k).

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 Organic Composite Solvents. 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)$51.3M
IMPORTS (2022)$37.8M
NET TRADE (2022)$13.5M

In 2022, Singapore exported $51.3M in Organic Composite Solvents. The main destinations of Singapore exports on Organic Composite Solvents were Bangladesh ($22.7M), Indonesia ($5.72M), Burma ($5.24M), India ($3.42M), and Malaysia ($3.14M).

In 2022, Singapore imported $37.8M in Organic Composite Solvents, mainly from South Korea ($13.8M), Malaysia ($7.36M), United States ($7.05M), Chinese Taipei ($2.66M), and Germany ($1.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Bangladesh$4.42M (24.2%)
Philippines$1.19M (97.2%)
Burma$1.12M (27.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Singapore WERE (2021 - 2022):
Malaysia-$13.6M (-81.2%)
Vietnam-$2.42M (-70.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Organic Composite Solvents were:
In 2022, Singapore's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $830k
TOP IMPORT POTENTIALChina+ $585k

Organic Composite Solvents’s highest export potential is China. With an export gap of $830k.   Organic Composite Solvents’s highest import potential is China with an import gap of $585k.

See methodology.

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