2022
Exports
$783MWorld Rnk 9 / 177
Flag Rnk 59 / 1198
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$127MWorld Rnk 18 / 118
Flag Rnk 279 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $783M in Precious Metal Scraps, making it the 9th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 59th most exported product in Singapore. The main destination of Precious Metal Scraps exports from Singapore are: Hong Kong ($294M), United Kingdom ($112M), Japan ($112M), Chinese Taipei ($86M), and Malaysia ($63.5M).

The fastest growing export markets for Precious Metal Scraps of Singapore between 2021 and 2022 were Japan ($28.6M), Switzerland ($26.7M), and Hong Kong ($13.8M).

Imports In 2022, Singapore imported $127M in Precious Metal Scraps, becoming the 18th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 279th most imported product in Singapore. Singapore imports Precious Metal Scraps primarily from: Thailand ($23M), India ($19.4M), France ($18.7M), Cambodia ($14.6M), and Malaysia ($10.4M).

The fastest growing import markets in Precious Metal Scraps for Singapore between 2021 and 2022 were Cambodia ($13.8M), France ($5.96M), and Malaysia ($4.89M).

Latest Trends

Oct 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 Precious Metal Scraps. 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)$783M
IMPORTS (2022)$127M
NET TRADE (2022)$656M

In 2022, Singapore exported $783M in Precious Metal Scraps. The main destinations of Singapore exports on Precious Metal Scraps were Hong Kong ($294M), United Kingdom ($112M), Japan ($112M), Chinese Taipei ($86M), and Malaysia ($63.5M).

In 2022, Singapore imported $127M in Precious Metal Scraps, mainly from Thailand ($23M), India ($19.4M), France ($18.7M), Cambodia ($14.6M), and Malaysia ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$28.6M (34.2%)
Switzerland$26.7M (180%)
Hong Kong$13.8M (4.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Singapore WERE (2021 - 2022):
United Kingdom-$68.9M (-38%)
South Korea-$35.6M (-97.4%)
United Arab Emirates-$17.7M (-97.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Precious Metal Scraps were:
In 2022, Singapore's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $14M
TOP IMPORT POTENTIALMalaysia+ $13.1M

Precious Metal Scraps’s highest export potential is Malaysia. With an export gap of $14M.   Precious Metal Scraps’s highest import potential is Malaysia with an import gap of $13.1M.

See methodology.

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