2022
Exports
$780kWorld Rnk 56 / 136
Flag Rnk 953 / 1198
2022
PRODUCT COMPLEXITY IN Horses
0.24Rnk 475 / 1025
2022
Imports
$6.49MWorld Rnk 32 / 165
Flag Rnk 860 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $780k in Horses, making it the 56th largest exporter of Horses in the world. At the same year, Horses was the 953rd most exported product in Singapore. The main destination of Horses exports from Singapore are: Malaysia ($659k), United Kingdom ($60k), Australia ($31.2k), Netherlands ($27.2k), and Chinese Taipei ($3.24k).

The fastest growing export markets for Horses of Singapore between 2021 and 2022 were United Kingdom ($18.4k), Netherlands ($9.55k), and Chinese Taipei ($3.24k).

Imports In 2022, Singapore imported $6.49M in Horses, becoming the 32nd largest importer of Horses in the world. At the same year, Horses was the 860th most imported product in Singapore. Singapore imports Horses primarily from: Australia ($3.03M), New Zealand ($1.52M), Germany ($486k), United States ($457k), and United Kingdom ($377k).

The fastest growing import markets in Horses for Singapore between 2021 and 2022 were Australia ($1.89M), New Zealand ($547k), and United States ($265k).

Latest Trends

Sep 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 Horses. 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)$780k
IMPORTS (2022)$6.49M
NET TRADE (2022)-$5.71M

In 2022, Singapore exported $780k in Horses. The main destinations of Singapore exports on Horses were Malaysia ($659k), United Kingdom ($60k), Australia ($31.2k), Netherlands ($27.2k), and Chinese Taipei ($3.24k).

In 2022, Singapore imported $6.49M in Horses, mainly from Australia ($3.03M), New Zealand ($1.52M), Germany ($486k), United States ($457k), and United Kingdom ($377k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Horses EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United Kingdom$18.4k (44.2%)
Netherlands$9.55k (54.1%)
Chinese Taipei$3.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horses BY Singapore WERE (2021 - 2022):
Australia-$283k (-90.1%)
Malaysia-$215k (-24.6%)
United Arab Emirates-$30.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Horses were:
In 2022, Singapore's main importing competitors in Horses were:

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Trade Value of Horses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $33.8k
TOP IMPORT POTENTIALUnited Kingdom+ $267k

Horses’s highest export potential is United Kingdom. With an export gap of $33.8k.   Horses’s highest import potential is United Kingdom with an import gap of $267k.

See methodology.

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