2022
Exports
$30.7MWorld Rnk 10 / 130
Flag Rnk 385 / 1198
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines
-0.19Rnk 613 / 1025
2022
Imports
$35.3MWorld Rnk 10 / 175
Flag Rnk 540 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $30.7M 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 385th most exported product in Singapore. The main destination of Tobacco Processing Machines exports from Singapore are: Indonesia ($20M), United Arab Emirates ($1.65M), Greece ($1.31M), Bangladesh ($1.27M), and Malaysia ($1.22M).

The fastest growing export markets for Tobacco Processing Machines of Singapore between 2021 and 2022 were Indonesia ($1.95M), Greece ($1.31M), and Bangladesh ($1.26M).

Imports In 2022, Singapore imported $35.3M in Tobacco Processing Machines, becoming the 10th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 540th most imported product in Singapore. Singapore imports Tobacco Processing Machines primarily from: Indonesia ($14.6M), China ($10.2M), Germany ($5.18M), Italy ($2.59M), and United Kingdom ($852k).

The fastest growing import markets in Tobacco Processing Machines for Singapore between 2021 and 2022 were China ($6.37M), Indonesia ($3.17M), and Germany ($3.09M).

COMPANIES In 2023, leading companies such as HP Inc (1) were at the forefront of shipping Tobacco Processing Machines 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 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 (2022)$30.7M
IMPORTS (2022)$35.3M
NET TRADE (2022)-$4.63M

In 2022, Singapore exported $30.7M in Tobacco Processing Machines. The main destinations of Singapore exports on Tobacco Processing Machines were Indonesia ($20M), United Arab Emirates ($1.65M), Greece ($1.31M), Bangladesh ($1.27M), and Malaysia ($1.22M).

In 2022, Singapore imported $35.3M in Tobacco Processing Machines, mainly from Indonesia ($14.6M), China ($10.2M), Germany ($5.18M), Italy ($2.59M), and United Kingdom ($852k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Indonesia$1.95M (10.8%)
Greece$1.31M (510k%)
Bangladesh$1.26M (17.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Singapore WERE (2021 - 2022):
United Arab Emirates-$1.65M (-50%)
Uganda-$1.11M (-100%)
Cote d'Ivoire-$860k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Tobacco Processing Machines were:
In 2022, 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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