2022
Exports
$5.41MWorld Rnk 41 / 175
Flag Rnk 676 / 1198
2022
PRODUCT COMPLEXITY IN Used Rubber Tires
0.67Rnk 290 / 1025
2022
Imports
$15.6MWorld Rnk 35 / 219
Flag Rnk 714 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.41M in Used Rubber Tires, making it the 41st largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 676th most exported product in Singapore. The main destination of Used Rubber Tires exports from Singapore are: Thailand ($1.21M), Malaysia ($972k), Indonesia ($934k), Nigeria ($340k), and Australia ($278k).

The fastest growing export markets for Used Rubber Tires of Singapore between 2021 and 2022 were Thailand ($986k), Indonesia ($458k), and Turkey ($251k).

Imports In 2022, Singapore imported $15.6M in Used Rubber Tires, becoming the 35th largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 714th most imported product in Singapore. Singapore imports Used Rubber Tires primarily from: N/A.

The fastest growing import markets in Used Rubber Tires for Singapore between 2021 and 2022 were Hong Kong ($2.06M), China ($546k), and Thailand ($403k).

COMPANIES In 2023, leading companies such as Yokohama Industries (62), American Omni Trading Company (25), and Sumitomo Rubber (23) were at the forefront of shipping Used Rubber Tires 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 Used Rubber Tires. 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)$5.41M
IMPORTS (2022)$15.6M
NET TRADE (2022)-$10.2M

In 2022, Singapore exported $5.41M in Used Rubber Tires. The main destinations of Singapore exports on Used Rubber Tires were Thailand ($1.21M), Malaysia ($972k), Indonesia ($934k), Nigeria ($340k), and Australia ($278k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Thailand$986k (433%)
Indonesia$458k (96.5%)
Turkey$251k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Singapore WERE (2021 - 2022):
Nigeria-$1.16M (-77.4%)
Netherlands-$323k (-100%)
Australia-$260k (-48.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Used Rubber Tires were:
In 2022, Singapore's main importing competitors in Used Rubber Tires were:

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $158k
N/AN/AN/A

Used Rubber Tires’s highest export potential is Malaysia. With an export gap of $158k.   Used Rubber Tires’s highest import potential is N/A with an import gap of N/A.

See methodology.

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