2022
Exports
$8.88BWorld Rnk 30 / 226
Flag Rnk 8 / 21
2022
PRODUCT COMPLEXITY IN Transportation
1.48Rnk 58 / 1025
2022
Imports
$19.6BWorld Rnk 25 / 226
Flag Rnk 5 / 21
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $8.88B in Transportation, making it the 30th largest exporter of Transportation in the world. At the same year, Transportation was the 8th most exported product in Singapore. The main destination of Transportation exports from Singapore are: China ($1.08B), India ($904M), Norway ($768M), United States ($738M), and Thailand ($529M).

The fastest growing export markets for Transportation of Singapore between 2021 and 2022 were Norway ($590M), United States ($483M), and China ($479M).

Imports In 2022, Singapore imported $19.6B in Transportation, becoming the 25th largest importer of Transportation in the world. At the same year, Transportation was the 5th most imported product in Singapore. Singapore imports Transportation primarily from: China ($7.02B), United States ($1.82B), Japan ($1.72B), South Korea ($1.39B), and Germany ($1.29B).

The fastest growing import markets in Transportation for Singapore between 2021 and 2022 were China ($2.63B), India ($756M), and South Korea ($213M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (58), Ford Motor Company (25), and CNH Industrial (14) were at the forefront of shipping Transportation from Singapore to the United States.

Latest Trends

Aug 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 Transportation. 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)$8.88B
IMPORTS (2022)$19.6B
NET TRADE (2022)-$10.7B

In 2022, Singapore exported $8.88B in Transportation. The main destinations of Singapore exports on Transportation were China ($1.08B), India ($904M), Norway ($768M), United States ($738M), and Thailand ($529M).

In 2022, Singapore imported $19.6B in Transportation, mainly from China ($7.02B), United States ($1.82B), Japan ($1.72B), South Korea ($1.39B), and Germany ($1.29B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transportation EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Norway$590M (332%)
United States$483M (189%)
China$479M (80.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transportation BY Singapore WERE (2021 - 2022):
Guyana-$1.63B (-99.9%)
Gabon-$422M (-99.9%)
India-$330M (-26.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transportation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $89.1M
TOP IMPORT POTENTIALGermany+ $214M

Transportation’s highest export potential is Malaysia. With an export gap of $89.1M.   Transportation’s highest import potential is Germany with an import gap of $214M.

See methodology.

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