2022
Exports
$562MWorld Rnk 6 / 121
Flag Rnk 77 / 1198
2022
PRODUCT COMPLEXITY IN Other Precious Metal Products
-0.036Rnk 559 / 1025
2022
Imports
$789MWorld Rnk 2 / 189
Flag Rnk 66 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $562M in Other Precious Metal Products, making it the 6th largest exporter of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 77th most exported product in Singapore. The main destination of Other Precious Metal Products exports from Singapore are: United States ($434M), Malaysia ($99.6M), China ($4.99M), Philippines ($4.93M), and Japan ($4.15M).

The fastest growing export markets for Other Precious Metal Products of Singapore between 2021 and 2022 were United States ($418M), Malaysia ($85.3M), and Philippines ($3.5M).

Imports In 2022, Singapore imported $789M in Other Precious Metal Products, becoming the 2nd largest importer of Other Precious Metal Products in the world. At the same year, Other Precious Metal Products was the 66th most imported product in Singapore. Singapore imports Other Precious Metal Products primarily from: United States ($622M), Japan ($141M), Germany ($10.5M), Chinese Taipei ($4.04M), and France ($2.81M).

The fastest growing import markets in Other Precious Metal Products for Singapore between 2021 and 2022 were Japan ($17.9M), China ($1.43M), and France ($1.1M).

Latest Trends

Jul 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 Other Precious Metal Products. 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)$562M
IMPORTS (2022)$789M
NET TRADE (2022)-$227M

In 2022, Singapore exported $562M in Other Precious Metal Products. The main destinations of Singapore exports on Other Precious Metal Products were United States ($434M), Malaysia ($99.6M), China ($4.99M), Philippines ($4.93M), and Japan ($4.15M).

In 2022, Singapore imported $789M in Other Precious Metal Products, mainly from United States ($622M), Japan ($141M), Germany ($10.5M), Chinese Taipei ($4.04M), and France ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Precious Metal Products EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$418M (2.61k%)
Malaysia$85.3M (600%)
Philippines$3.5M (246%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Precious Metal Products BY Singapore WERE (2021 - 2022):
Indonesia-$4.46M (-65.4%)
Japan-$2.11M (-33.7%)
China-$1.89M (-27.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Other Precious Metal Products were:
In 2022, Singapore's main importing competitors in Other Precious Metal Products were:

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Trade Value of Other Precious Metal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5M
TOP IMPORT POTENTIALGermany+ $4.06M

Other Precious Metal Products’s highest export potential is China. With an export gap of $5M.   Other Precious Metal Products’s highest import potential is Germany with an import gap of $4.06M.

See methodology.

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