2022
Exports
$15MWorld Rnk 24 / 127
Flag Rnk 502 / 1198
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$14.4MWorld Rnk 28 / 202
Flag Rnk 728 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $15M in Vending Machines, making it the 24th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 502nd most exported product in Singapore. The main destination of Vending Machines exports from Singapore are: Thailand ($6.16M), Belgium ($5.82M), United States ($1.72M), Malaysia ($396k), and Nigeria ($226k).

The fastest growing export markets for Vending Machines of Singapore between 2021 and 2022 were Belgium ($5.82M), United States ($1.66M), and Nigeria ($219k).

Imports In 2022, Singapore imported $14.4M in Vending Machines, becoming the 28th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 728th most imported product in Singapore. Singapore imports Vending Machines primarily from: China ($7.29M), Italy ($2.59M), Indonesia ($834k), Canada ($616k), and Japan ($602k).

The fastest growing import markets in Vending Machines for Singapore between 2021 and 2022 were China ($3.7M), Italy ($1.47M), and Canada ($592k).

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 Vending 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)$15M
IMPORTS (2022)$14.4M
NET TRADE (2022)$581k

In 2022, Singapore exported $15M in Vending Machines. The main destinations of Singapore exports on Vending Machines were Thailand ($6.16M), Belgium ($5.82M), United States ($1.72M), Malaysia ($396k), and Nigeria ($226k).

In 2022, Singapore imported $14.4M in Vending Machines, mainly from China ($7.29M), Italy ($2.59M), Indonesia ($834k), Canada ($616k), and Japan ($602k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Belgium$5.82M (1%)
United States$1.66M (2.79k%)
Nigeria$219k (2.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Singapore WERE (2021 - 2022):
Chinese Taipei-$601k (-100%)
Malaysia-$594k (-60%)
Indonesia-$248k (-64.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

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