2022
Exports
$580MWorld Rnk 29 / 223
Flag Rnk 74 / 1198
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$1.37BWorld Rnk 19 / 226
Flag Rnk 42 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $580M in Centrifuges, making it the 29th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 74th most exported product in Singapore. The main destination of Centrifuges exports from Singapore are: India ($77.6M), United States ($74.5M), China ($73.7M), Malaysia ($58.1M), and Indonesia ($37.9M).

The fastest growing export markets for Centrifuges of Singapore between 2021 and 2022 were India ($20.8M), Malaysia ($16.6M), and Japan ($6.75M).

Imports In 2022, Singapore imported $1.37B in Centrifuges, becoming the 19th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 42nd most imported product in Singapore. Singapore imports Centrifuges primarily from: United States ($326M), China ($301M), Germany ($178M), Japan ($72M), and Malaysia ($66.7M).

The fastest growing import markets in Centrifuges for Singapore between 2021 and 2022 were China ($68.2M), United States ($60.9M), and South Korea ($20.6M).

COMPANIES In 2023, leading companies such as Chevron (2) were at the forefront of shipping Centrifuges 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 Centrifuges. 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)$580M
IMPORTS (2022)$1.37B
NET TRADE (2022)-$785M

In 2022, Singapore exported $580M in Centrifuges. The main destinations of Singapore exports on Centrifuges were India ($77.6M), United States ($74.5M), China ($73.7M), Malaysia ($58.1M), and Indonesia ($37.9M).

In 2022, Singapore imported $1.37B in Centrifuges, mainly from United States ($326M), China ($301M), Germany ($178M), Japan ($72M), and Malaysia ($66.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$20.8M (36.7%)
Malaysia$16.6M (39.9%)
Japan$6.75M (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Singapore WERE (2021 - 2022):
Bangladesh-$5.79M (-42.7%)
Saudi Arabia-$3.89M (-27.7%)
Indonesia-$2.87M (-7.03%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $29.4M
TOP IMPORT POTENTIALChina+ $54.4M

Centrifuges’s highest export potential is United States. With an export gap of $29.4M.   Centrifuges’s highest import potential is China with an import gap of $54.4M.

See methodology.

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