HS Icon Cars in  Flag Singapore

2021
Exports | Imports
: $284M | $1.31B, World Rnk 50 / 218
Flag Rnk 128 / 1195 | World Rnk 63 / 226
Flag Rnk 38 / 1206

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $25.1M | $115M, Brunei |  Japan

2021
ECONOMIC COMPLEXITY of Singapore
: 1.74, Rnk 6 / 131

2021
PRODUCT COMPLEXITY IN Cars
: 0.88, Rnk 214 / 1024

Exports In 2021, Singapore exported $284M in Cars, making it the 50th largest exporter of Cars in the world. At the same year, Cars was the 128th most exported product in Singapore. The main destination of Cars exports from Singapore are: Brunei ($64.5M), India ($30M), Indonesia ($27.4M), Malaysia ($25.9M), and South Africa ($12.4M).

The fastest growing export markets for Cars of Singapore between 2020 and 2021 were Brunei ($25.1M), India ($14.4M), and South Africa ($11.2M).

Imports In 2021, Singapore imported $1.31B in Cars, becoming the 63rd largest importer of Cars in the world. At the same year, Cars was the 38th most imported product in Singapore. Singapore imports Cars primarily from: Japan ($356M), Germany ($305M), United Kingdom ($168M), China ($84.4M), and South Korea ($68.3M).

The fastest growing import markets in Cars for Singapore between 2020 and 2021 were Japan ($115M), China ($70.2M), and Germany ($44.1M).

Jun 2023

Subnational Monthly Trade

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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 Cars. 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

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EXPORTS (2021): $284M

IMPORTS (2021): $1.31B

NET TRADE (2021): -$1.02B

In 2021, Singapore exported $284M in Cars. The main destinations of Singapore exports on Cars were Brunei ($64.5M), India ($30M), Indonesia ($27.4M), Malaysia ($25.9M), and South Africa ($12.4M).

In 2021, Singapore imported $1.31B in Cars, mainly from Japan ($356M), Germany ($305M), United Kingdom ($168M), China ($84.4M), and South Korea ($68.3M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Singapore WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Singapore WERE (2020 - 2021):

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Market Concentration

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In 2021, Singapore's main exporting competitors in Cars were:

In 2021, Singapore's main importing competitors in Cars were:

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