2022
Exports
$40.6MWorld Rnk 27 / 171
Flag Rnk 340 / 1198
2022
PRODUCT COMPLEXITY IN Fork-Lifts
1.54Rnk 42 / 1025
2022
Imports
$132MWorld Rnk 39 / 218
Flag Rnk 268 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $40.6M in Fork-Lifts, making it the 27th largest exporter of Fork-Lifts in the world. At the same year, Fork-Lifts was the 340th most exported product in Singapore. The main destination of Fork-Lifts exports from Singapore are: Netherlands ($8.71M), Malaysia ($6.17M), Israel ($4.63M), Indonesia ($4.53M), and United Arab Emirates ($3.61M).

The fastest growing export markets for Fork-Lifts of Singapore between 2021 and 2022 were Netherlands ($8.49M), Israel ($4.63M), and United Arab Emirates ($2.69M).

Imports In 2022, Singapore imported $132M in Fork-Lifts, becoming the 39th largest importer of Fork-Lifts in the world. At the same year, Fork-Lifts was the 268th most imported product in Singapore. Singapore imports Fork-Lifts primarily from: China ($60M), Japan ($20.8M), United States ($11.7M), Germany ($8.52M), and South Korea ($8.41M).

The fastest growing import markets in Fork-Lifts for Singapore between 2021 and 2022 were China ($19M), South Korea ($6.65M), and Japan ($4.47M).

Latest Trends

Aug 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 Fork-Lifts. 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)$40.6M
IMPORTS (2022)$132M
NET TRADE (2022)-$91.5M

In 2022, Singapore exported $40.6M in Fork-Lifts. The main destinations of Singapore exports on Fork-Lifts were Netherlands ($8.71M), Malaysia ($6.17M), Israel ($4.63M), Indonesia ($4.53M), and United Arab Emirates ($3.61M).

In 2022, Singapore imported $132M in Fork-Lifts, mainly from China ($60M), Japan ($20.8M), United States ($11.7M), Germany ($8.52M), and South Korea ($8.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fork-Lifts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Netherlands$8.49M (3.96k%)
Israel$4.63M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fork-Lifts BY Singapore WERE (2021 - 2022):
Vietnam-$1.28M (-39.6%)
United States-$1.06M (-91.9%)
Philippines-$638k (-54.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Fork-Lifts were:
In 2022, Singapore's main importing competitors in Fork-Lifts were:

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Trade Value of Fork-Lifts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $1.39M
TOP IMPORT POTENTIALChina+ $9.47M

Fork-Lifts’s highest export potential is Malaysia. With an export gap of $1.39M.   Fork-Lifts’s highest import potential is China with an import gap of $9.47M.

See methodology.

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