Machinery Having Individual Functions in Singapore 2021 Exports | Imports : $8.33B | $6.5B, World Rnk 6 / 221 Rnk 5 / 1195 | World Rnk 6 / 226 Rnk 7 / 1206
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.28B | $620M, China | Malaysia
2021 ECONOMIC COMPLEXITY of Singapore: 1.74, Rnk 6 / 131
2021 PRODUCT COMPLEXITY IN Machinery Having Individual Functions: 1.95, Rnk 10 / 1029
Exports In 2021, Singapore exported $8.33B 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 5th most exported product in Singapore. The main destination of Machinery Having Individual Functions exports from Singapore are: China ($3.13B), Chinese Taipei ($1.13B), South Korea ($1.1B), Malaysia ($677M), and United States ($498M).
The fastest growing export markets for Machinery Having Individual Functions of Singapore between 2020 and 2021 were China ($1.28B), Chinese Taipei ($370M), and South Korea ($310M).
Imports In 2021, Singapore imported $6.5B in Machinery Having Individual Functions, becoming the 6th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 7th most imported product in Singapore. Singapore imports Machinery Having Individual Functions primarily from: Malaysia ($1.65B), United States ($1.27B), China ($978M), Japan ($743M), and South Korea ($506M).
The fastest growing import markets in Machinery Having Individual Functions for Singapore between 2020 and 2021 were Malaysia ($620M), United States ($304M), and China ($300M).
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 Machinery Having Individual Functions. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $8.33B
IMPORTS (2021): $6.5B
NET TRADE (2021): $1.83B
In 2021, Singapore exported $8.33B in Machinery Having Individual Functions. The main destinations of Singapore exports on Machinery Having Individual Functions were China ($3.13B), Chinese Taipei ($1.13B), South Korea ($1.1B), Malaysia ($677M), and United States ($498M).
In 2021, Singapore imported $6.5B in Machinery Having Individual Functions, mainly from Malaysia ($1.65B), United States ($1.27B), China ($978M), Japan ($743M), and South Korea ($506M).
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Singapore WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Singapore WERE (2020 - 2021):
In 2021, Singapore's main exporting competitors in Machinery Having Individual Functions were:
In 2021, Singapore's main importing competitors in Machinery Having Individual Functions were:
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