HS Icon Gold in  Flag Singapore

2020
Exports | Imports
: $11.4B | $20.6B, World Rnk 11 / 175
Flag Rnk 3 / 1195 | World Rnk 7 / 168
Flag Rnk 3 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.19B | $4.35B, United States |  Cambodia

2020
ECONOMIC COMPLEXITY of Singapore
: 1.84, Rnk 6 / 127

2020
PRODUCT COMPLEXITY  IN Gold
: -2.26, Rnk 1020 / 1029

Exports In 2020, Singapore exported $11.4B in Gold, making it the 11th largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Singapore. The main destination of Gold exports from Singapore are: United States ($3.22B), Thailand ($1.42B), United Kingdom ($1.28B), China ($1.21B), and Malaysia ($894M).

The fastest growing export markets for Gold of Singapore between 2019 and 2020 were United States ($3.19B), United Kingdom ($756M), and Thailand ($645M).

Imports In 2020, Singapore imported $20.6B in Gold, becoming the 7th largest importer of Gold in the world. At the same year, Gold was the 3rd most imported product in Singapore. Singapore imports Gold primarily from: Thailand ($4.69B), Cambodia ($4.63B), Indonesia ($3.31B), Hong Kong ($2.04B), and Japan ($1.62B).

The fastest growing import markets in Gold for Singapore between 2019 and 2020 were Cambodia ($4.35B), Thailand ($3.45B), and Hong Kong ($1.17B).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Gold. 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

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EXPORTS (2020): $11.4B

IMPORTS (2020): $20.6B

NET TRADE (2020): -$9.19B

In 2020, Singapore exported $11.4B in Gold. The main destinations of Singapore exports on Gold were United States ($3.22B), Thailand ($1.42B), United Kingdom ($1.28B), China ($1.21B), and Malaysia ($894M).

In 2020, Singapore imported $20.6B in Gold, mainly from Thailand ($4.69B), Cambodia ($4.63B), Indonesia ($3.31B), Hong Kong ($2.04B), and Japan ($1.62B).

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Flow

THE FASTEST GROWING Gold EXPORT MARKETS FOR Singapore WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Singapore WERE (2019 - 2020):

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Market Concentration

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In 2020, Singapore's main exporting competitors in Gold were:

In 2020, Singapore's main importing competitors in Gold were:

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