HS Icon Gas Turbines in  Flag Singapore

2019
Exports | Imports
: $10.3B | $8.37B, World Rnk 5 / 194
Flag Rnk 4 / 1197 | World Rnk 4 / 211
Flag Rnk 5 / 1207

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $872M | $479M, France |  United Kingdom

2019
ECONOMIC COMPLEXITY of Singapore
: 1.78, Rnk 6 / 147

2019
PRODUCT COMPLEXITY  IN Gas Turbines
: 0.43, Rnk 397 / 1029

Exports In 2019, Singapore exported $10.3B in Gas Turbines, making it the 5th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 4th most exported product in Singapore. The main destination of Gas Turbines exports from Singapore are: United States ($2.35B), France ($1.15B), Japan ($933M), Hong Kong ($832M), and China ($804M).

The fastest growing export markets for Gas Turbines of Singapore between 2018 and 2019 were France ($872M), China ($386M), and Hong Kong ($346M).

Imports In 2019, Singapore imported $8.37B in Gas Turbines, becoming the 4th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 5th most imported product in Singapore. Singapore imports Gas Turbines primarily from: United Kingdom ($2.99B), United States ($1.29B), China ($497M), Canada ($487M), and Germany ($414M).

The fastest growing import markets in Gas Turbines for Singapore between 2018 and 2019 were United Kingdom ($479M), Germany ($222M), and China ($185M).

Historical Data

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EXPORTS (2019): $10.3B

IMPORTS (2019): $8.37B

NET TRADE (2019): $1.89B

In 2019, Singapore exported $10.3B in Gas Turbines. The main destinations of Singapore exports on Gas Turbines were United States ($2.35B), France ($1.15B), Japan ($933M), Hong Kong ($832M), and China ($804M).

In 2019, Singapore imported $8.37B in Gas Turbines, mainly from United Kingdom ($2.99B), United States ($1.29B), China ($497M), Canada ($487M), and Germany ($414M).

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IN 2019, Singapore HAD A POSITIVE NET TRADE IN Gas Turbines WITH:

IN 2019, Singapore HAD A NEGATIVE NET TRADE IN Gas Turbines WITH:

Flow

THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Singapore WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Singapore WERE (2018 - 2019):

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Market Concentration

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In 2019, Singapore's main exporting competitors in Gas Turbines were:

In 2019, Singapore's main importing competitors in Gas Turbines were:

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Tariffs by Country

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In 2018, the tariffs for Gas Turbines in the imports of Singapore were of 0% around the world.