2023
Exports
$468kWorld Rnk 91 / 102
Flag Rnk 978 / 1202
falsefalse Bangladesh
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$10.7MWorld Rnk 95 / 126
Flag Rnk 740 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $468k in Electricity, making it the 91st largest exporter of Electricity in the world. At the same year, Electricity was the 978th most exported product in Singapore. The main destination of Electricity exports from Singapore are: Bangladesh ($468k).

Imports In 2023, Singapore imported $10.7M in Electricity, becoming the 95th largest importer of Electricity in the world. At the same year, Electricity was the 740th most imported product in Singapore. Singapore imports Electricity primarily from: Laos ($10.6M), Thailand ($58.9k), and United States ($4.14k).

The fastest growing import markets in Electricity for Singapore between 2022 and 2023 were United States ($81).

Historical Data

Trade Balance

Color
EXPORTS (2023)$468k
IMPORTS (2023)$10.7M
NET TRADE (2023)-$10.2M

In 2023, Singapore exported $468k in Electricity. The main destinations of Singapore exports on Electricity were Bangladesh ($468k).

In 2023, Singapore imported $10.7M in Electricity, mainly from Laos ($10.6M), Thailand ($58.9k), and United States ($4.14k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Singapore WERE (2022 - 2023):
Bangladesh-$191k (-29%)
Angola-$39 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Electricity were:
In 2023, Singapore's main importing competitors in Electricity were:

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $21k
TOP IMPORT POTENTIALThailand+ $191k

Electricity’s highest export potential is Bangladesh. With an export gap of $21k.   Electricity’s highest import potential is Thailand with an import gap of $191k.

See methodology.

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