Difference between revisions of "Group10 proposal"

From Visual Analytics for Business Intelligence
Jump to navigation Jump to search
Line 1: Line 1:
 
[[File:Impex Logo.jpg|300px|center]]
 
[[File:Impex Logo.jpg|300px|center]]
  
 +
<!--/Header-->
 
{| style="background-color:#FF9900; color:#000000 padding: 5px 0 0 0;" width="100%" cellspacing="0" cellpadding="0" valign="top" border="0" |
 
{| style="background-color:#FF9900; color:#000000 padding: 5px 0 0 0;" width="100%" cellspacing="0" cellpadding="0" valign="top" border="0" |
 
| style="padding:0 .4em;  font-size:100%; border-bottom:4px solid #3B5998; border-top:4px solid #3B5998; text-align:center; background-color:#FF9900; " width="10%" |<font color="#ffffff" face="courier" size=4><b>Proposal</b></font>
 
| style="padding:0 .4em;  font-size:100%; border-bottom:4px solid #3B5998; border-top:4px solid #3B5998; text-align:center; background-color:#FF9900; " width="10%" |<font color="#ffffff" face="courier" size=4><b>Proposal</b></font>
Line 8: Line 9:
 
|}
 
|}
  
 
+
<!--/Project Motivation and Objective-->
<!--/Header-->
 
 
 
<!--/About Port of Singapore-->
 
 
{| border="1" cellpadding="1"
 
{| border="1" cellpadding="1"
 
|- style="background-color:#FF9900; color: white; height:40px; text-align: center; margin: 0 auto"
 
|- style="background-color:#FF9900; color: white; height:40px; text-align: center; margin: 0 auto"
! style="width:1600px"| About Port of Singapore 
+
! style="width:1600px"| Project Motivation and Objective
 
|}
 
|}
In view of the recent talks of forming a new canal in the upper north side of Malaysia, Singapore has to relook at its trading position and to what extent will it be heavily impacted.
+
Trade in Singapore can be a contentious topic. There are complaints about situations with trade agreements that do not seem fair to Singapore. Some may say that the water agreement between Singapore and Johor is not an equal trade off. However, the reality is that Singapore is dependent on other countries to survive, as a country with little natural resources. We realize that Singapore’s ties to other countries, particularly those within the same region, are crucial. Through tools such as Excel, Tableau, and R, we aim to explore them to draw competitive insights. Some of the questions that guided us: (1) Who are our major trade partners? (2) Which trade partners have been growing over the years? (3) What are the hot commodities for the future within ASEAN? Hence, our group seeks to identify some trends and insights based on the data of the shipping industry in the ASEAN region and the world.
The country's two key ports, Port Klang in Selangor and Port of Tanjung Pelepas in Johor Bahru, have emerged in recent years as Singapore's closest rivals for transhipment volumes in South-east Asia.
 
Malaysia, for instance, wants to build a giant port on an island next to its main Port Klang, while a new East Coast Rail Link (ECRL) has been touted as an "alternative trade route" that could see a projected 53 million tonnes of cargo bypass Singapore annually by 2030.
 
If the Kra Canal truly becomes a reality, ships would certainly consider by-passing the Strait of Malacca and Singapore altogether, making Singapore's all-important geographical location redundant. We may truly become a third world country after all.
 
  
It is widely known that the greatest contributor to Singapore’s GDP would be from the trading industry. Therefore, our group has decided to look into this sector and see what other alternatives Singapore has or what potential strengths that Singapore can leverage on to maintain our current trading position in the world.
+
After taking a look at Singapore's trade statistics and visualizations, we realised that there are still additional visualizations that can be done to further analyse Singapore's trade. Hence, our project aims to provide more visualizations such as a time series chart, treemap, and choropleth map that shows sheds more light on Singapore's trade partners. For example, with a time series chart, we can see the trend and growth of Singapore's trade partners over the past 50 years. We also intend to look into Singapore's domestic exports, re-exports and imports, which are not covered by SingStats.
 
 
<br>
 
<!--/About PoS-->
 
 
 
 
 
<!--/Project Motivation-->
 
{| border="1" cellpadding="1"
 
|- style="background-color:#FF9900; color: white; height:40px; text-align: center; margin: 0 auto"
 
! style="width:1600px"| Project Motivation
 
|}
 
Trade in Singapore can be a contentious topic. There are complaints about situations with trade agreements that do not seem fair to Singapore. Some may say that the water agreement between Singapore and Johor is not an equal trade off. However, the reality is that Singapore is dependent on other countries to survive, as a country with little natural resources. We realize that Singapore’s ties to other countries, particularly those within the same region, are crucial. Through tools such as Excel, Tableau, and R, we aim to explore them to draw competitive insights. Some of the questions that guided us: (1) Who are our major trade partners? (2) Which trade partners have been growing over the years? (3) What are the hot commodities for the future within ASEAN? Hence, our group seeks to identify some trends and insights based on the data of the shipping industry in the ASEAN region and the world.
 
 
<br>
 
<br>
  
<!--/Project Motivation-->
+
<!--/Project Motivation and Objective-->
  
  

Revision as of 00:32, 13 April 2020

Impex Logo.jpg
Proposal Project Poster Project Application Research Paper
Project Motivation and Objective

Trade in Singapore can be a contentious topic. There are complaints about situations with trade agreements that do not seem fair to Singapore. Some may say that the water agreement between Singapore and Johor is not an equal trade off. However, the reality is that Singapore is dependent on other countries to survive, as a country with little natural resources. We realize that Singapore’s ties to other countries, particularly those within the same region, are crucial. Through tools such as Excel, Tableau, and R, we aim to explore them to draw competitive insights. Some of the questions that guided us: (1) Who are our major trade partners? (2) Which trade partners have been growing over the years? (3) What are the hot commodities for the future within ASEAN? Hence, our group seeks to identify some trends and insights based on the data of the shipping industry in the ASEAN region and the world.

After taking a look at Singapore's trade statistics and visualizations, we realised that there are still additional visualizations that can be done to further analyse Singapore's trade. Hence, our project aims to provide more visualizations such as a time series chart, treemap, and choropleth map that shows sheds more light on Singapore's trade partners. For example, with a time series chart, we can see the trend and growth of Singapore's trade partners over the past 50 years. We also intend to look into Singapore's domestic exports, re-exports and imports, which are not covered by SingStats.


Dataset

We want to see the breakdown of Singapore’s domestic exports, re-exports and imports by country (oil, non oil) and commodity. We split export into domestic exports and re-exports, and only country by oil and non oil. We will be using data from a single source: https://insights-ceicdata-com.libproxy.smu.edu.sg. However, not all data is available. As such, we change our scope accordingly.

Dataset CEIC Table
1. Singapore’s domestic exports by country by oil

Domestic Exports: Oil: By Country (Table SG.JA030)

2. Singapore’s domestic exports by country by non oil

Domestic Exports by Country (Table SG.JA021)

3. Singapore’s overall domestic exports by country

Domestic Exports by Country (Table SG.JA021)

4. Singapore’s domestic exports by commodity

Domestic Exports by Principal Commodity Item (Table SG.JA028)

5. Singapore’s re-exports by country by oil

Re Exports Oil: By Country (Table SG.JA034)

6. Singapore’s re-exports by country by non oil

Missing

7. Singapore’s overall re-exports by country

Sum Commodities in Re-Exports by Country by Commodity (Table SG.JA035)

8. Singapore’s re-exports by commodity

Sum Countries in Re-Exports by Country by Commodity (Table SG.JA035)

9. Singapore’s imports by country by oil

Imports of Oil by Country (Table SG.JA020)

10. Singapore’s imports by country by non oil

Missing

11. Singapore’s overall imports by country

Imports by Country (Table SG.JA016)

12. Singapore’s imports by commodity

Imports and Exports by Commodity Section (Table SG.JA019)

12. Singapore’s exports by country by oil

Missing

14. Singapore’s exports by country by non oil

Missing

15. Singapore’s overall exports by country

Exports by Country (Table SG.JA015)

16. Singapore’s exports by commodity

Imports and Exports by Commodity Section (Table SG.JA019)


Storyboard
Illustration Details of Storyboard
Choropleth Map of Singapore's Trade Balance

Impex Choropleth Map.jpg

  • With a choropleth map, viewers will be able to see the trade balance differences between trade partners easier with a color gradient scale
  • Package(s) to be used: rworldmap
Magic Quadrant of Singapore's Trade Partners

Impex Magic Quadrant.jpg

  • A magic quadrant would be able to show which trade partners have a low/high import/export with regards to Singapore's trade.
  • By pressing the "play" button, viewers will be able to view the shift in export/import percentiles over the years as well.
  • We also intend to show the names of countries among the scatter plot. (Note: At the end of our project, we were not able to integrate label text with ggrepel together with plotly)
  • Package(s) to be used: ggplot2, plotly, ggrepel
Time Series Analysis of Singapore's Trade by Country and Commodities

Impex Time Series.jpg

  • By using a time series chart, we hope to find trends within Singapore's imports/exports/re-exports/domestic exports over the past ~50 years.
  • Package(s) to be used: ggplot2, plotly
Treemap of Singapore's Imports/Exports by Commodity

Impex Treemap.jpg

  • A Treemap can help us visualize what are Singapore's top commodities.
  • We also intend to give viewers a slider to select which year they would like to view, and which commodity category they would like to see.
  • Package(s) to be used: treemap
Background Survey of Related Work


Reference of Other Visualization Learning Points

Title: Hub of the World
Source: https://flowingdata.com/2011/04/11/the-city-in-real-time/

Source: https://flowingdata.com/2011/04/11/the-city-in-real-time/

This map shows the trading partnership that Singapore engages with

  • Pros:
    • Clear colour indication on the outgoing and incoming shipments from all over the world to Singapore.
  • Cons:
    • End point of the shipments of the colour line is quite arbitrary as it does not pin-point or show the exact country.
    • The visualisation does not show the full list of the variables as the colour fades off nearing the bottom of the graph
    • Does not really point out any specific point of focus, it just gives a generic understanding on the trading shipments that Singapore is trading with.
Choke on singapore and malaysia.webp

Source: https://www.vox.com/2016/4/25/11503152/shipping-routes-map

This dashboard shows the demand for shipping

  • Pros:
    • enter text
  • Cons:
    • enter text
Merchandise Trade.png

Source: https://www.singstat.gov.sg/modules/infographics/singapore-international-trade

This visualization shows the relation ....

  • Pros:
    • They utilize the data visualization method of a magic quadrant to show two things at once namely the merchandise trade value and the trading partners with Singapore in 2018.
    • At one glance, it is easy to determine which is the highest import and exporter from Singapore based on the bubble size and position.
  • Cons:
    • Lack of interactive elements as the data only shows for the year 2018. Including other years would give the readers a better understanding.
    • The bubbles overlap each other hence the actual size is not easily determined.
    • Opaque bubbles make it even harder to determine the size of the bubble, hence reducing the opacity would be clearer.
    • At one glance, it may seem quite messy as the elements are combined, namely; bubbles and legend.





Technologies to be used
Impex Technologies Used.jpg
* Technologies to be used are tentative


Key Technical Challenges
Key Technical Challenges Mitigation Plan
Limited knowledge of R and R Shiny
  • Peer learning and pair coding
  • Research, online tutorials and consultations
Unfamiliarity with data cleaning and visualization
  • Research to find the right tools for our data visualizations
  • Online tutorials on data cleaning and visualization
Lack of knowledge in jargon and terminologies used in shipping industry
  • Conduct research on the shipping industry
  • Keep up with the latest news on the shipping industry within Singapore


Project Milestones
Gantt Chart.jpg