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Exports In 2022, Singapore exported $596M in Parts of boring or sinking machinery, making it the 4th largest exporter of Parts of boring or sinking machinery in the world. At the same year, Parts of boring or sinking machinery was the 77th most exported product in Singapore. The main destination of Parts of boring or sinking machinery exports from Singapore are: United Arab Emirates ($77.2M), Malaysia ($73.5M), Kuwait ($42.3M), Indonesia ($40.1M), and Saudi Arabia ($33.3M).

The fastest growing export markets for Parts of boring or sinking machinery of Singapore between 2021 and 2022 were Kuwait ($31.7M), United States ($14.9M), and Guyana ($11.2M).

Imports In 2022, Singapore imported $449M in Parts of boring or sinking machinery, becoming the 3rd largest importer of Parts of boring or sinking machinery in the world. At the same year, Parts of boring or sinking machinery was the 98th most imported product in Singapore. Singapore imports Parts of boring or sinking machinery primarily from: China ($111M), Malaysia ($69.3M), United States ($52.2M), Indonesia ($29M), and India ($28.6M).

The fastest growing import markets in Parts of boring or sinking machinery for Singapore between 2021 and 2022 were Indonesia ($16.4M), China ($13.4M), and Brazil ($6.76M).

COMPANIES In 2023, leading companies such as Adidas (604), Goplus (596), and HP Inc (537) were at the forefront of shipping Parts of boring or sinking machinery from Singapore to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Parts of boring or sinking machinery. 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

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EXPORTS (2022)$596M
IMPORTS (2022)$449M
NET TRADE (2022)$148M

In 2022, Singapore exported $596M in Parts of boring or sinking machinery. The main destinations of Singapore exports on Parts of boring or sinking machinery were United Arab Emirates ($77.2M), Malaysia ($73.5M), Kuwait ($42.3M), Indonesia ($40.1M), and Saudi Arabia ($33.3M).

In 2022, Singapore imported $449M in Parts of boring or sinking machinery, mainly from China ($111M), Malaysia ($69.3M), United States ($52.2M), Indonesia ($29M), and India ($28.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parts of boring or sinking machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Kuwait$31.7M (301%)
United States$14.9M (108%)
Guyana$11.2M (518%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parts of boring or sinking machinery BY Singapore WERE (2021 - 2022):
Saudi Arabia-$18.3M (-35.5%)
China-$11M (-26.5%)
Bangladesh-$10.9M (-88.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Singapore's main exporting competitors in Parts of boring or sinking machinery were:
In 2022, Singapore's main importing competitors in Parts of boring or sinking machinery were:

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Trade Value of Parts of boring or sinking machinery by Exporters

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