2022
Exports
$4.62BWorld Rnk 14 / 208
Flag Rnk 13 / 1198
2022
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.38Rnk 75 / 1025
2022
Imports
$2.01BWorld Rnk 25 / 225
Flag Rnk 27 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.62B in Vaccines, blood, antisera, toxins and cultures, making it the 14th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 13th most exported product in Singapore. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Singapore are: United States ($2.49B), Switzerland ($569M), Germany ($239M), Belgium ($235M), and South Korea ($232M).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Singapore between 2021 and 2022 were South Korea ($115M), Switzerland ($109M), and Germany ($56.2M).

Imports In 2022, Singapore imported $2.01B in Vaccines, blood, antisera, toxins and cultures, becoming the 25th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 27th most imported product in Singapore. Singapore imports Vaccines, blood, antisera, toxins and cultures primarily from: Spain ($673M), United States ($265M), Belgium ($180M), Sweden ($174M), and Switzerland ($127M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Singapore between 2021 and 2022 were Spain ($666M), United States ($38.6M), and United Kingdom ($26.2M).

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 Vaccines, blood, antisera, toxins and cultures. 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)$4.62B
IMPORTS (2022)$2.01B
NET TRADE (2022)$2.62B

In 2022, Singapore exported $4.62B in Vaccines, blood, antisera, toxins and cultures. The main destinations of Singapore exports on Vaccines, blood, antisera, toxins and cultures were United States ($2.49B), Switzerland ($569M), Germany ($239M), Belgium ($235M), and South Korea ($232M).

In 2022, Singapore imported $2.01B in Vaccines, blood, antisera, toxins and cultures, mainly from Spain ($673M), United States ($265M), Belgium ($180M), Sweden ($174M), and Switzerland ($127M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
South Korea$115M (97.8%)
Switzerland$109M (23.7%)
Germany$56.2M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Singapore WERE (2021 - 2022):
United States-$370M (-13%)
China-$67M (-95%)
Japan-$37.5M (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2022, Singapore's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $114M
TOP IMPORT POTENTIALUnited States+ $62.1M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is Germany. With an export gap of $114M.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $62.1M.

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