N. Mariana Isds-Singapore Bilateral Trade Analysis 2023
Complete trade statistics: $88.17M total volume •N. Mariana Isds deficit: $87.63M
N. Mariana Isds → Singapore
$270,870
Exports (2023)
Singapore → N. Mariana Isds
$87.90M
Imports (2023)
Trade Balance
$87.63M
Deficit for N. Mariana Isds
Total Trade
$88.17M
Combined Volume
Trade Flow Visualization
Direct trade relationship between N. Mariana Isds and Singapore. Green line shows exports from N. Mariana Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the N. Mariana Isds-Singapore commercial relationship and competitive positioning in global markets.
N. Mariana Isds → Singapore Exports
Export Market Intelligence
🎯 Strategic Export Focus
N. Mariana Isds's export portfolio to Singapore demonstrates strategic specialization, with electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) representing a key competitive advantage in this bilateral market.
Singapore → N. Mariana Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
N. Mariana Isds's import pattern from Singapore reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
N. Mariana Isds demonstrates competitive strength in exportingelectric accumulators: lithium-ion, including separators, whether or not rectangular (including square) to Singapore, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $88.17M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: N. Mariana Isds-Singapore Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $88.17 millionrepresenting a significant bilateral economic relationship
- Trade Balance: N. Mariana Isds maintains a deficit of $87.63 million
- Export Focus: N. Mariana Isds's primary exports include electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), turbines: parts of steam and other vapour turbines, mechanical appliances: parts of machines projecting, dispersing or spraying liquids or powders, whether or not hand-operated
- Import Dependencies: Key imports from Singapore include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, whiskies, non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $88.17M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with N. Mariana Isds leveraging its comparative advantages in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
N. Mariana Isds's specialization in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)complements Singapore's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $88.17M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $88.17M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $88.17 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
N. Mariana Isds's trade deficit of $87.63 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between N. Mariana Isds and Singapore represents a total trade volume of $88.17 million in 2023. This partnership demonstrates an unfavorable trade balance for N. Mariana Isds, with imports exceeding exportsby $87.63 million.
Export Strengths
N. Mariana Isds's exports to Singapore total $270.87 thousand, with competitive advantages in electric accumulators: lithium-ion, including separators, whether or not rectangular (including square), representing $132,437 or48.9% of bilateral exports.
Import Dependencies
Imports from Singapore amount to $87.90 million, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising98.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates N. Mariana Isds's strategic sourcing from Singapore. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between N. Mariana Isds and Singapore in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023