2022
Exports
$1.24BWorld Rnk 11 / 208
Flag Rnk 43 / 1198
2022
PRODUCT COMPLEXITY IN Aircraft Parts
0.79Rnk 246 / 1025
2022
Imports
$1.48BWorld Rnk 7 / 217
Flag Rnk 38 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.24B in Aircraft Parts, making it the 11th largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 43rd most exported product in Singapore. The main destination of Aircraft Parts exports from Singapore are: China ($252M), Malaysia ($114M), United States ($107M), Hong Kong ($101M), and Japan ($63.2M).

The fastest growing export markets for Aircraft Parts of Singapore between 2021 and 2022 were Philippines ($36.8M), Malaysia ($32.7M), and Australia ($15.3M).

Imports In 2022, Singapore imported $1.48B in Aircraft Parts, becoming the 7th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 38th most imported product in Singapore. Singapore imports Aircraft Parts primarily from: United States ($261M), France ($182M), Australia ($149M), Vietnam ($114M), and United Kingdom ($93.2M).

The fastest growing import markets in Aircraft Parts for Singapore between 2021 and 2022 were United Kingdom ($61M), Australia ($51.9M), and Israel ($41.8M).

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 Aircraft Parts. 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)$1.24B
IMPORTS (2022)$1.48B
NET TRADE (2022)-$243M

In 2022, Singapore exported $1.24B in Aircraft Parts. The main destinations of Singapore exports on Aircraft Parts were China ($252M), Malaysia ($114M), United States ($107M), Hong Kong ($101M), and Japan ($63.2M).

In 2022, Singapore imported $1.48B in Aircraft Parts, mainly from United States ($261M), France ($182M), Australia ($149M), Vietnam ($114M), and United Kingdom ($93.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Philippines$36.8M (152%)
Malaysia$32.7M (40.3%)
Australia$15.3M (57.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY Singapore WERE (2021 - 2022):
China-$46.1M (-15.5%)
United States-$44.6M (-29.3%)
Thailand-$28.3M (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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