2022
Exports
$4.48MWorld Rnk 35 / 127
Flag Rnk 697 / 1198
2022
PRODUCT COMPLEXITY IN Dairy Machinery
0.92Rnk 201 / 1025
2022
Imports
$4.13MWorld Rnk 73 / 183
Flag Rnk 924 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.48M in Dairy Machinery, making it the 35th largest exporter of Dairy Machinery in the world. At the same year, Dairy Machinery was the 697th most exported product in Singapore. The main destination of Dairy Machinery exports from Singapore are: Indonesia ($3.14M), Philippines ($314k), Rwanda ($312k), Vietnam ($195k), and China ($178k).

The fastest growing export markets for Dairy Machinery of Singapore between 2021 and 2022 were Indonesia ($3.09M), Rwanda ($312k), and Philippines ($307k).

Imports In 2022, Singapore imported $4.13M in Dairy Machinery, becoming the 73rd largest importer of Dairy Machinery in the world. At the same year, Dairy Machinery was the 924th most imported product in Singapore. Singapore imports Dairy Machinery primarily from: New Zealand ($1.44M), China ($764k), Indonesia ($450k), United States ($347k), and Sweden ($243k).

The fastest growing import markets in Dairy Machinery for Singapore between 2021 and 2022 were New Zealand ($1.23M), China ($728k), and Indonesia ($439k).

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 Dairy Machinery. 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)$4.48M
IMPORTS (2022)$4.13M
NET TRADE (2022)$342k

In 2022, Singapore exported $4.48M in Dairy Machinery. The main destinations of Singapore exports on Dairy Machinery were Indonesia ($3.14M), Philippines ($314k), Rwanda ($312k), Vietnam ($195k), and China ($178k).

In 2022, Singapore imported $4.13M in Dairy Machinery, mainly from New Zealand ($1.44M), China ($764k), Indonesia ($450k), United States ($347k), and Sweden ($243k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dairy Machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$3.09M (5.53k%)
Rwanda$312k (1%)
Philippines$307k (3.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dairy Machinery BY Singapore WERE (2021 - 2022):
Malaysia-$444k (-90.1%)
New Zealand-$167k (-100%)
France-$42.4k (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Dairy Machinery were:
In 2022, Singapore's main importing competitors in Dairy Machinery were:

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Trade Value of Dairy Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $191k
TOP IMPORT POTENTIALChina+ $177k

Dairy Machinery’s highest export potential is China. With an export gap of $191k.   Dairy Machinery’s highest import potential is China with an import gap of $177k.

See methodology.

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