2022
Exports
$1.91BWorld Rnk 29 / 226
Flag Rnk 17 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$1.18BWorld Rnk 38 / 226
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.91B in Rubber & articles thereof, making it the 29th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 17th most exported product in Singapore. The main destination of Rubber & articles thereof exports from Singapore are: China ($397M), India ($250M), Thailand ($174M), United States ($132M), and Malaysia ($108M).

The fastest growing export markets for Rubber & articles thereof of Singapore between 2021 and 2022 were United States ($51.6M), China ($34.7M), and Malaysia ($23.1M).

Imports In 2022, Singapore imported $1.18B in Rubber & articles thereof, becoming the 38th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 32nd most imported product in Singapore. Singapore imports Rubber & articles thereof primarily from: United States ($230M), China ($228M), Malaysia ($128M), Japan ($101M), and Thailand ($68.6M).

The fastest growing import markets in Rubber & articles thereof for Singapore between 2021 and 2022 were China ($51.7M), Belgium ($11.7M), and United Kingdom ($7.65M).

COMPANIES In 2023, leading companies such as Goodyear Tire and Rubber (236), Yokohama Industries (109), and American Omni Trading Company (42) were at the forefront of shipping Rubber & articles thereof from Singapore to the United States.

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 Rubber & articles thereof. 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)$1.91B
IMPORTS (2022)$1.18B
NET TRADE (2022)$727M

In 2022, Singapore exported $1.91B in Rubber & articles thereof. The main destinations of Singapore exports on Rubber & articles thereof were China ($397M), India ($250M), Thailand ($174M), United States ($132M), and Malaysia ($108M).

In 2022, Singapore imported $1.18B in Rubber & articles thereof, mainly from United States ($230M), China ($228M), Malaysia ($128M), Japan ($101M), and Thailand ($68.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$51.6M (63.8%)
China$34.7M (9.58%)
Malaysia$23.1M (27.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Singapore WERE (2021 - 2022):
Germany-$17.6M (-37.4%)
Indonesia-$17.4M (-14.2%)
Spain-$9.72M (-60%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Singapore's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $92.8M
TOP IMPORT POTENTIALChina+ $73.9M

Rubber & articles thereof’s highest export potential is China. With an export gap of $92.8M.   Rubber & articles thereof’s highest import potential is China with an import gap of $73.9M.

See methodology.

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