2022
Exports
$9.59MWorld Rnk 42 / 147
Flag Rnk 578 / 1198
2022
PRODUCT COMPLEXITY IN Steam Boilers
0.25Rnk 469 / 1025
2022
Imports
$41.7MWorld Rnk 26 / 208
Flag Rnk 499 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $9.59M in Steam Boilers, making it the 42nd largest exporter of Steam Boilers in the world. At the same year, Steam Boilers was the 578th most exported product in Singapore. The main destination of Steam Boilers exports from Singapore are: Malaysia ($5.14M), Indonesia ($1.28M), India ($1.2M), Thailand ($421k), and Brunei ($255k).

The fastest growing export markets for Steam Boilers of Singapore between 2021 and 2022 were Malaysia ($4.76M), India ($1.19M), and Thailand ($368k).

Imports In 2022, Singapore imported $41.7M in Steam Boilers, becoming the 26th largest importer of Steam Boilers in the world. At the same year, Steam Boilers was the 499th most imported product in Singapore. Singapore imports Steam Boilers primarily from: Vietnam ($20.7M), China ($10.3M), United States ($2.09M), Italy ($1.76M), and Sweden ($1.12M).

The fastest growing import markets in Steam Boilers for Singapore between 2021 and 2022 were Vietnam ($20.6M), China ($3.34M), and United States ($1.31M).

COMPANIES In 2023, leading companies such as Adidas (2) were at the forefront of shipping Steam Boilers 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 Steam Boilers. 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)$9.59M
IMPORTS (2022)$41.7M
NET TRADE (2022)-$32.2M

In 2022, Singapore exported $9.59M in Steam Boilers. The main destinations of Singapore exports on Steam Boilers were Malaysia ($5.14M), Indonesia ($1.28M), India ($1.2M), Thailand ($421k), and Brunei ($255k).

In 2022, Singapore imported $41.7M in Steam Boilers, mainly from Vietnam ($20.7M), China ($10.3M), United States ($2.09M), Italy ($1.76M), and Sweden ($1.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Boilers EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$4.76M (1.23k%)
India$1.19M (12.9k%)
Thailand$368k (699%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Boilers BY Singapore WERE (2021 - 2022):
Vietnam-$474k (-87.8%)
Iraq-$268k (-100%)
Qatar-$148k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $380k
TOP IMPORT POTENTIALChina+ $3.56M

Steam Boilers’s highest export potential is Indonesia. With an export gap of $380k.   Steam Boilers’s highest import potential is China with an import gap of $3.56M.

See methodology.

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