2022
Exports
$7.38MWorld Rnk 31 / 132
Flag Rnk 623 / 1198
2022
PRODUCT COMPLEXITY IN Boiler Plants
0.99Rnk 174 / 1025
2022
Imports
$10.7MWorld Rnk 33 / 196
Flag Rnk 779 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $7.38M in Boiler Plants, making it the 31st largest exporter of Boiler Plants in the world. At the same year, Boiler Plants was the 623rd most exported product in Singapore. The main destination of Boiler Plants exports from Singapore are: Bangladesh ($1.88M), Malaysia ($1.46M), Canada ($1.17M), Indonesia ($839k), and United Arab Emirates ($733k).

The fastest growing export markets for Boiler Plants of Singapore between 2021 and 2022 were Bangladesh ($1.87M), Canada ($1.17M), and United Arab Emirates ($422k).

Imports In 2022, Singapore imported $10.7M in Boiler Plants, becoming the 33rd largest importer of Boiler Plants in the world. At the same year, Boiler Plants was the 779th most imported product in Singapore. Singapore imports Boiler Plants primarily from: China ($3.24M), United Kingdom ($2.45M), Japan ($1.14M), United States ($783k), and Malaysia ($628k).

The fastest growing import markets in Boiler Plants for Singapore between 2021 and 2022 were United Kingdom ($1.86M), India ($363k), and Japan ($194k).

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 Boiler Plants. 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)$7.38M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$3.32M

In 2022, Singapore exported $7.38M in Boiler Plants. The main destinations of Singapore exports on Boiler Plants were Bangladesh ($1.88M), Malaysia ($1.46M), Canada ($1.17M), Indonesia ($839k), and United Arab Emirates ($733k).

In 2022, Singapore imported $10.7M in Boiler Plants, mainly from China ($3.24M), United Kingdom ($2.45M), Japan ($1.14M), United States ($783k), and Malaysia ($628k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Boiler Plants EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Bangladesh$1.87M (11k%)
Canada$1.17M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Boiler Plants BY Singapore WERE (2021 - 2022):
Philippines-$197k (-79.1%)
Germany-$143k (-99.5%)
Papua New Guinea-$79.7k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Boiler Plants were:
In 2022, Singapore's main importing competitors in Boiler Plants were:

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Trade Value of Boiler Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $289k
TOP IMPORT POTENTIALChina+ $993k

Boiler Plants’s highest export potential is Indonesia. With an export gap of $289k.   Boiler Plants’s highest import potential is China with an import gap of $993k.

See methodology.

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