HS Icon Machinery Having Individual Functions in  Flag Singapore

2019
Exports | Imports
: $5.06B | $3.89B, World Rnk 7 / 222
Flag Rnk 8 / 1197 | World Rnk 7 / 224
Flag Rnk 13 / 1207

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $106M | $95.3M, Chinese Taipei |  South Korea

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

2019
PRODUCT COMPLEXITY  IN Machinery Having Individual Functions
: 2.05, Rnk 8 / 1029

Exports In 2019, Singapore exported $5.06B in Machinery Having Individual Functions, making it the 7th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 8th most exported product in Singapore. The main destination of Machinery Having Individual Functions exports from Singapore are: China ($1.23B), Chinese Taipei ($854M), South Korea ($454M), Malaysia ($448M), and United States ($398M).

The fastest growing export markets for Machinery Having Individual Functions of Singapore between 2018 and 2019 were Chinese Taipei ($106M), Thailand ($87.2M), and Myanmar ($31.4M).

Imports In 2019, Singapore imported $3.89B 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 13th most imported product in Singapore. Singapore imports Machinery Having Individual Functions primarily from: United States ($847M), Malaysia ($800M), Japan ($555M), China ($476M), and South Korea ($318M).

The fastest growing import markets in Machinery Having Individual Functions for Singapore between 2018 and 2019 were South Korea ($95.3M), Germany ($12.7M), and Chinese Taipei ($12.7M).

Historical Data

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EXPORTS (2019): $5.06B

IMPORTS (2019): $3.89B

NET TRADE (2019): $1.17B

In 2019, Singapore exported $5.06B in Machinery Having Individual Functions. The main destinations of Singapore exports on Machinery Having Individual Functions were China ($1.23B), Chinese Taipei ($854M), South Korea ($454M), Malaysia ($448M), and United States ($398M).

In 2019, Singapore imported $3.89B in Machinery Having Individual Functions, mainly from United States ($847M), Malaysia ($800M), Japan ($555M), China ($476M), and South Korea ($318M).

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IN 2019, Singapore HAD A POSITIVE NET TRADE IN Machinery Having Individual Functions WITH:

IN 2019, Singapore HAD A NEGATIVE NET TRADE IN Machinery Having Individual Functions WITH:

Flow

THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Singapore WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Singapore WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Singapore's main exporting competitors in Machinery Having Individual Functions were:

In 2019, Singapore's main importing competitors in Machinery Having Individual Functions were:

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Tariffs by Country

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In 2018, the tariffs for Machinery Having Individual Functions in the imports of Singapore were of 0% around the world.