2022
Exports
$71.2MWorld Rnk 16 / 109
Flag Rnk 262 / 1198
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.12Rnk 129 / 1025
2022
Imports
$26.9MWorld Rnk 36 / 182
Flag Rnk 605 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $71.2M in Flat-Rolled Iron, making it the 16th largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 262nd most exported product in Singapore. The main destination of Flat-Rolled Iron exports from Singapore are: China ($20.3M), Hong Kong ($10.5M), New Zealand ($6.55M), India ($6.54M), and Israel ($6.21M).

The fastest growing export markets for Flat-Rolled Iron of Singapore between 2021 and 2022 were China ($11.8M), Egypt ($3.59M), and Chinese Taipei ($3.03M).

Imports In 2022, Singapore imported $26.9M in Flat-Rolled Iron, becoming the 36th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 605th most imported product in Singapore. Singapore imports Flat-Rolled Iron primarily from: Japan ($14M), Sweden ($4.09M), China ($3.07M), Germany ($1.13M), and Slovakia ($903k).

The fastest growing import markets in Flat-Rolled Iron for Singapore between 2021 and 2022 were Japan ($11.3M), China ($1.1M), and Russia ($319k).

COMPANIES In 2023, leading companies such as TPV Tech (17) were at the forefront of shipping Flat-Rolled Iron from Singapore to the United States.

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 Flat-Rolled Iron. 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)$71.2M
IMPORTS (2022)$26.9M
NET TRADE (2022)$44.3M

In 2022, Singapore exported $71.2M in Flat-Rolled Iron. The main destinations of Singapore exports on Flat-Rolled Iron were China ($20.3M), Hong Kong ($10.5M), New Zealand ($6.55M), India ($6.54M), and Israel ($6.21M).

In 2022, Singapore imported $26.9M in Flat-Rolled Iron, mainly from Japan ($14M), Sweden ($4.09M), China ($3.07M), Germany ($1.13M), and Slovakia ($903k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Iron EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$11.8M (139%)
Egypt$3.59M (1%)
Chinese Taipei$3.03M (627%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Singapore WERE (2021 - 2022):
Malaysia-$354k (-9.11%)
Thailand-$301k (-17%)
United Kingdom-$297k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Flat-Rolled Iron were:
In 2022, Singapore's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $892k
TOP IMPORT POTENTIALChina+ $1.62M

Flat-Rolled Iron’s highest export potential is Malaysia. With an export gap of $892k.   Flat-Rolled Iron’s highest import potential is China with an import gap of $1.62M.

See methodology.

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