2023
Exports
$25.3MWorld Rnk 58 / 176
Flag Rnk 386 / 1202
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$116MWorld Rnk 39 / 217
Flag Rnk 267 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $25.3M in Aluminium Bars, making it the 58th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 386th most exported product in Singapore. The main destination of Aluminium Bars exports from Singapore are: Malaysia ($9.61M), Indonesia ($5.31M), Thailand ($2.66M), Vietnam ($1.66M), and China ($1.16M).

The fastest growing export markets for Aluminium Bars of Singapore between 2022 and 2023 were Vietnam ($1.51M), Indonesia ($1.13M), and Switzerland ($394k).

Imports In 2023, Singapore imported $116M in Aluminium Bars, becoming the 39th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 267th most imported product in Singapore. Singapore imports Aluminium Bars primarily from: Malaysia ($55.7M), China ($44M), United States ($2.72M), Chinese Taipei ($2.36M), and Germany ($1.77M).

The fastest growing import markets in Aluminium Bars for Singapore between 2022 and 2023 were Malaysia ($4.87M), Belgium ($672k), and France ($120k).

Latest Trends

Jan 2025

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 Aluminium Bars. 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 (2023)$25.3M
IMPORTS (2023)$116M
NET TRADE (2023)-$90.5M

In 2023, Singapore exported $25.3M in Aluminium Bars. The main destinations of Singapore exports on Aluminium Bars were Malaysia ($9.61M), Indonesia ($5.31M), Thailand ($2.66M), Vietnam ($1.66M), and China ($1.16M).

In 2023, Singapore imported $116M in Aluminium Bars, mainly from Malaysia ($55.7M), China ($44M), United States ($2.72M), Chinese Taipei ($2.36M), and Germany ($1.77M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$1.51M (1k%)
Indonesia$1.13M (26.9%)
Switzerland$394k (68.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Singapore WERE (2022 - 2023):
India-$1.18M (-90.6%)
United States-$1.04M (-82.1%)
Brunei-$370k (-60%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Singapore's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.51M
TOP IMPORT POTENTIALGermany+ $2.89M

Aluminium Bars’s highest export potential is United States. With an export gap of $1.51M.   Aluminium Bars’s highest import potential is Germany with an import gap of $2.89M.

See methodology.

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