2022
Exports
$19MWorld Rnk 35 / 118
Flag Rnk 467 / 1198
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$6.9MWorld Rnk 72 / 195
Flag Rnk 850 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $19M in Aluminium Wire, making it the 35th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 467th most exported product in Singapore. The main destination of Aluminium Wire exports from Singapore are: China ($7.5M), Malaysia ($3.76M), Hungary ($1.34M), Philippines ($1.22M), and Hong Kong ($1.21M).

The fastest growing export markets for Aluminium Wire of Singapore between 2021 and 2022 were Hungary ($404k), Japan ($166k), and Indonesia ($118k).

Imports In 2022, Singapore imported $6.9M in Aluminium Wire, becoming the 72nd largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 850th most imported product in Singapore. Singapore imports Aluminium Wire primarily from: Japan ($4.25M), Italy ($564k), Switzerland ($548k), China ($460k), and Malaysia ($400k).

The fastest growing import markets in Aluminium Wire for Singapore between 2021 and 2022 were Australia ($98.8k), India ($93.9k), and Indonesia ($22.1k).

Latest Trends

Sep 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 Wire. 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)$19M
IMPORTS (2022)$6.9M
NET TRADE (2022)$12.1M

In 2022, Singapore exported $19M in Aluminium Wire. The main destinations of Singapore exports on Aluminium Wire were China ($7.5M), Malaysia ($3.76M), Hungary ($1.34M), Philippines ($1.22M), and Hong Kong ($1.21M).

In 2022, Singapore imported $6.9M in Aluminium Wire, mainly from Japan ($4.25M), Italy ($564k), Switzerland ($548k), China ($460k), and Malaysia ($400k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hungary$404k (43.4%)
Japan$166k (101%)
Indonesia$118k (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Singapore WERE (2021 - 2022):
Philippines-$3.53M (-74.3%)
China-$990k (-11.7%)
Hong Kong-$541k (-31%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Aluminium Wire were:
In 2022, Singapore's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $388k
TOP IMPORT POTENTIALMalaysia+ $574k

Aluminium Wire’s highest export potential is Germany. With an export gap of $388k.   Aluminium Wire’s highest import potential is Malaysia with an import gap of $574k.

See methodology.

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