2023
Exports
$27.7MWorld Rnk 10 / 124
Flag Rnk 374 / 1202
2023
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.1Rnk 589 / 1025
2023
Imports
$30.5MWorld Rnk 13 / 176
Flag Rnk 539 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $27.7M in Tobacco Processing Machines, making it the 10th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 374th most exported product in Singapore. The main destination of Tobacco Processing Machines exports from Singapore are: Indonesia ($8.08M), United Arab Emirates ($4.83M), Philippines ($2.98M), South Korea ($2.59M), and Malaysia ($2.25M).

The fastest growing export markets for Tobacco Processing Machines of Singapore between 2022 and 2023 were United Arab Emirates ($4.32M), South Korea ($2.54M), and Philippines ($2.24M).

Imports In 2023, Singapore imported $30.5M in Tobacco Processing Machines, becoming the 13th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 539th most imported product in Singapore. Singapore imports Tobacco Processing Machines primarily from: Indonesia ($13.7M), China ($10.8M), Malaysia ($2.39M), Germany ($977k), and Czechia ($933k).

The fastest growing import markets in Tobacco Processing Machines for Singapore between 2022 and 2023 were Malaysia ($1.99M), Cambodia ($398k), and Indonesia ($314k).

Latest Trends

Dec 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 Tobacco 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 (2023)$27.7M
IMPORTS (2023)$30.5M
NET TRADE (2023)-$2.78M

In 2023, Singapore exported $27.7M in Tobacco Processing Machines. The main destinations of Singapore exports on Tobacco Processing Machines were Indonesia ($8.08M), United Arab Emirates ($4.83M), Philippines ($2.98M), South Korea ($2.59M), and Malaysia ($2.25M).

In 2023, Singapore imported $30.5M in Tobacco Processing Machines, mainly from Indonesia ($13.7M), China ($10.8M), Malaysia ($2.39M), Germany ($977k), and Czechia ($933k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
South Korea$2.54M (4.98k%)
Philippines$2.24M (307%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Singapore WERE (2022 - 2023):
Greece-$1.3M (-99.3%)
United States-$780k (-99.2%)
Saudi Arabia-$719k (-54.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Tobacco Processing Machines were:
In 2023, Singapore's main importing competitors in Tobacco Processing Machines were:

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $469k
TOP IMPORT POTENTIALMalaysia+ $302k

Tobacco Processing Machines’s highest export potential is China. With an export gap of $469k.   Tobacco Processing Machines’s highest import potential is Malaysia with an import gap of $302k.

See methodology.

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