2022
Exports
$102MWorld Rnk 13 / 146
Flag Rnk 221 / 1198
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$7.29MWorld Rnk 69 / 209
Flag Rnk 835 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $102M in Petroleum Jelly, making it the 13th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 221st most exported product in Singapore. The main destination of Petroleum Jelly exports from Singapore are: Japan ($29.7M), Malaysia ($24.6M), Germany ($14.7M), United States ($14.1M), and Netherlands ($8.93M).

The fastest growing export markets for Petroleum Jelly of Singapore between 2021 and 2022 were Japan ($17.4M), Germany ($9.76M), and Malaysia ($9.23M).

Imports In 2022, Singapore imported $7.29M in Petroleum Jelly, becoming the 69th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 835th most imported product in Singapore. Singapore imports Petroleum Jelly primarily from: South Africa ($3.11M), Malaysia ($1.76M), India ($408k), China ($388k), and Germany ($381k).

The fastest growing import markets in Petroleum Jelly for Singapore between 2021 and 2022 were China ($103k), Netherlands ($61.5k), and Hong Kong ($47.8k).

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 Jelly. 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)$102M
IMPORTS (2022)$7.29M
NET TRADE (2022)$95.1M

In 2022, Singapore exported $102M in Petroleum Jelly. The main destinations of Singapore exports on Petroleum Jelly were Japan ($29.7M), Malaysia ($24.6M), Germany ($14.7M), United States ($14.1M), and Netherlands ($8.93M).

In 2022, Singapore imported $7.29M in Petroleum Jelly, mainly from South Africa ($3.11M), Malaysia ($1.76M), India ($408k), China ($388k), and Germany ($381k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$17.4M (141%)
Germany$9.76M (199%)
Malaysia$9.23M (60.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Singapore WERE (2021 - 2022):
United States-$6.99M (-33.2%)
Italy-$3.32M (-100%)
Brazil-$1.26M (-79.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $2.03M
TOP IMPORT POTENTIALMalaysia+ $1.39M

Petroleum Jelly’s highest export potential is India. With an export gap of $2.03M.   Petroleum Jelly’s highest import potential is Malaysia with an import gap of $1.39M.

See methodology.

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