2022
Exports
$193MWorld Rnk 13 / 131
Flag Rnk 168 / 1198
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$61.9MWorld Rnk 35 / 192
Flag Rnk 421 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $193M in Rubber, making it the 13th largest exporter of Rubber in the world. At the same year, Rubber was the 168th most exported product in Singapore. The main destination of Rubber exports from Singapore are: China ($60.1M), India ($33.2M), United States ($25.4M), Hungary ($24.6M), and Israel ($9.24M).

The fastest growing export markets for Rubber of Singapore between 2021 and 2022 were China ($8.22M), Hungary ($7.33M), and United States ($5.32M).

Imports In 2022, Singapore imported $61.9M in Rubber, becoming the 35th largest importer of Rubber in the world. At the same year, Rubber was the 421st most imported product in Singapore. Singapore imports Rubber primarily from: Malaysia ($26.2M), Indonesia ($19.5M), Cambodia ($7.5M), Cote d'Ivoire ($2.77M), and Nigeria ($914k).

The fastest growing import markets in Rubber for Singapore between 2021 and 2022 were Malaysia ($446k), United States ($353k), and Sri Lanka ($212k).

COMPANIES In 2023, leading companies such as Giti Tire (5) were at the forefront of shipping Rubber from Singapore to the United States.

Latest Trends

Sep 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. 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)$193M
IMPORTS (2022)$61.9M
NET TRADE (2022)$131M

In 2022, Singapore exported $193M in Rubber. The main destinations of Singapore exports on Rubber were China ($60.1M), India ($33.2M), United States ($25.4M), Hungary ($24.6M), and Israel ($9.24M).

In 2022, Singapore imported $61.9M in Rubber, mainly from Malaysia ($26.2M), Indonesia ($19.5M), Cambodia ($7.5M), Cote d'Ivoire ($2.77M), and Nigeria ($914k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$8.22M (15.8%)
Hungary$7.33M (42.3%)
United States$5.32M (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Singapore WERE (2021 - 2022):
India-$29.7M (-47.3%)
Spain-$9.61M (-68.5%)
Iran-$4.81M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Rubber were:
In 2022, Singapore's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.6M
TOP IMPORT POTENTIALIndonesia+ $8.9M

Rubber’s highest export potential is China. With an export gap of $11.6M.   Rubber’s highest import potential is Indonesia with an import gap of $8.9M.

See methodology.

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