Exports In 2023, Singapore exported $1.39B in Iron & steel, making it the 43rd largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 18th most exported product in Singapore. The main destination of Iron & steel exports from Singapore are: Malaysia ($307M), Indonesia ($236M), India ($137M), Bangladesh ($103M), and Vietnam ($67.2M).
The fastest growing export markets for Iron & steel of Singapore between 2022 and 2023 were Malaysia ($141M), Bangladesh ($84.6M), and Brunei ($40.6M).
Imports In 2023, Singapore imported $3B in Iron & steel, becoming the 36th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 17th most imported product in Singapore. Singapore imports Iron & steel primarily from: China ($616M), Malaysia ($548M), Japan ($369M), Brazil ($192M), and Vietnam ($180M).
The fastest growing import markets in Iron & steel for Singapore between 2022 and 2023 were Malaysia ($55.9M), Seychelles ($37.9M), and France ($17.9M).
COMPANIES In 2024, leading companies such as SIGMA Corp (30), Sobel Westex (8), and Direct Link (2) were at the forefront of shipping Iron & steel from Singapore to the United States.