2022
Exports
$50.9MWorld Rnk 40 / 194
Flag Rnk 310 / 1198
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$78.3MWorld Rnk 61 / 223
Flag Rnk 372 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $50.9M in Stone Processing Machines, making it the 40th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 310th most exported product in Singapore. The main destination of Stone Processing Machines exports from Singapore are: Malaysia ($10.5M), Indonesia ($6.05M), Philippines ($5.06M), Australia ($3.78M), and United States ($3.64M).

The fastest growing export markets for Stone Processing Machines of Singapore between 2021 and 2022 were United States ($3.5M), Malaysia ($2.4M), and Australia ($2.29M).

Imports In 2022, Singapore imported $78.3M in Stone Processing Machines, becoming the 61st largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 372nd most imported product in Singapore. Singapore imports Stone Processing Machines primarily from: China ($24.1M), United States ($10.7M), Italy ($9.83M), Malaysia ($9.48M), and Germany ($3.99M).

The fastest growing import markets in Stone Processing Machines for Singapore between 2021 and 2022 were China ($7.79M), United States ($6.96M), and Malaysia ($2.38M).

COMPANIES In 2023, leading companies such as Team Hardinger (4), Ashley Furniture (2), and TE Connectivity (1) were at the forefront of shipping Stone Processing Machines from Singapore to the United States.

Latest Trends

Apr 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 Stone Processing Machines. 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)$50.9M
IMPORTS (2022)$78.3M
NET TRADE (2022)-$27.4M

In 2022, Singapore exported $50.9M in Stone Processing Machines. The main destinations of Singapore exports on Stone Processing Machines were Malaysia ($10.5M), Indonesia ($6.05M), Philippines ($5.06M), Australia ($3.78M), and United States ($3.64M).

In 2022, Singapore imported $78.3M in Stone Processing Machines, mainly from China ($24.1M), United States ($10.7M), Italy ($9.83M), Malaysia ($9.48M), and Germany ($3.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$3.5M (2.46k%)
Malaysia$2.4M (29.7%)
Australia$2.29M (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Singapore WERE (2021 - 2022):
China-$4.43M (-84.8%)
Thailand-$3.99M (-72.2%)
Brunei-$1.91M (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Singapore's main importing competitors in Stone Processing Machines were:

Explore Visualizations

Trade Value of Stone Processing Machines by Exporters

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