2022
Exports
$36.3MWorld Rnk 58 / 175
Flag Rnk 353 / 1198
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$160MWorld Rnk 37 / 218
Flag Rnk 238 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $36.3M in Aluminium Bars, making it the 58th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 353rd most exported product in Singapore. The main destination of Aluminium Bars exports from Singapore are: Malaysia ($19M), Indonesia ($5.25M), Thailand ($2.92M), United States ($1.94M), and Philippines ($1.16M).

The fastest growing export markets for Aluminium Bars of Singapore between 2021 and 2022 were Malaysia ($4.87M), United States ($1.29M), and Indonesia ($952k).

Imports In 2022, Singapore imported $160M in Aluminium Bars, becoming the 37th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 238th most imported product in Singapore. Singapore imports Aluminium Bars primarily from: China ($77.8M), Malaysia ($54.2M), United States ($4.82M), Indonesia ($3.79M), and Germany ($3.31M).

The fastest growing import markets in Aluminium Bars for Singapore between 2021 and 2022 were China ($18.1M), Malaysia ($14.3M), and Chinese Taipei ($1.12M).

Latest Trends

Oct 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 Aluminium Bars. 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)$36.3M
IMPORTS (2022)$160M
NET TRADE (2022)-$124M

In 2022, Singapore exported $36.3M in Aluminium Bars. The main destinations of Singapore exports on Aluminium Bars were Malaysia ($19M), Indonesia ($5.25M), Thailand ($2.92M), United States ($1.94M), and Philippines ($1.16M).

In 2022, Singapore imported $160M in Aluminium Bars, mainly from China ($77.8M), Malaysia ($54.2M), United States ($4.82M), Indonesia ($3.79M), and Germany ($3.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$4.87M (34.4%)
United States$1.29M (198%)
Indonesia$952k (22.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Singapore WERE (2021 - 2022):
India-$3.51M (-76.4%)
Hong Kong-$2.45M (-88.4%)
Netherlands-$1.13M (-95.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Singapore's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.51M
TOP IMPORT POTENTIALGermany+ $2.89M

Aluminium Bars’s highest export potential is United States. With an export gap of $1.51M.   Aluminium Bars’s highest import potential is Germany with an import gap of $2.89M.

See methodology.

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