HS Icon Machinery Having Individual Functions in  Flag Singapore

2020
Exports | Imports
: $5.83B | $4.44B, World Rnk 6 / 216
Flag Rnk 6 / 1195 | World Rnk 7 / 225
Flag Rnk 10 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $634M | $235M, China |  Malaysia

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

2020
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 1.95, Rnk 10 / 1029

Exports In 2020, Singapore exported $5.83B in Machinery Having Individual Functions, making it the 6th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 6th most exported product in Singapore. The main destination of Machinery Having Individual Functions exports from Singapore are: China ($1.86B), South Korea ($796M), Chinese Taipei ($762M), Malaysia ($454M), and Japan ($439M).

The fastest growing export markets for Machinery Having Individual Functions of Singapore between 2019 and 2020 were China ($634M), South Korea ($345M), and Japan ($92.7M).

Imports In 2020, Singapore imported $4.44B in Machinery Having Individual Functions, becoming the 7th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 10th most imported product in Singapore. Singapore imports Machinery Having Individual Functions primarily from: Malaysia ($1.03B), United States ($969M), China ($678M), Japan ($543M), and South Korea ($341M).

The fastest growing import markets in Machinery Having Individual Functions for Singapore between 2019 and 2020 were Malaysia ($235M), China ($200M), and United States ($120M).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Machinery Having Individual Functions. 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): $5.83B

IMPORTS (2020): $4.44B

NET TRADE (2020): $1.4B

In 2020, Singapore exported $5.83B in Machinery Having Individual Functions. The main destinations of Singapore exports on Machinery Having Individual Functions were China ($1.86B), South Korea ($796M), Chinese Taipei ($762M), Malaysia ($454M), and Japan ($439M).

In 2020, Singapore imported $4.44B in Machinery Having Individual Functions, mainly from Malaysia ($1.03B), United States ($969M), China ($678M), Japan ($543M), and South Korea ($341M).

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THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Singapore WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Singapore WERE (2019 - 2020):

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Market Concentration

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In 2020, Singapore's main exporting competitors in Machinery Having Individual Functions were:

In 2020, Singapore's main importing competitors in Machinery Having Individual Functions were:

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