2022
Exports
$249MWorld Rnk 38 / 129
Flag Rnk 147 / 1198
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$228MWorld Rnk 30 / 172
Flag Rnk 190 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $249M in Ferroalloys, making it the 38th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 147th most exported product in Singapore. The main destination of Ferroalloys exports from Singapore are: India ($117M), China ($36.6M), Japan ($36.2M), Chinese Taipei ($19.3M), and Indonesia ($11M).

The fastest growing export markets for Ferroalloys of Singapore between 2021 and 2022 were Chinese Taipei ($10.8M), India ($10.2M), and Vietnam ($5.49M).

Imports In 2022, Singapore imported $228M in Ferroalloys, becoming the 30th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 190th most imported product in Singapore. Singapore imports Ferroalloys primarily from: Brazil ($204M), India ($8.65M), Japan ($4.86M), Colombia ($3.63M), and Estonia ($1.66M).

The fastest growing import markets in Ferroalloys for Singapore between 2021 and 2022 were Brazil ($10.4M), Colombia ($3.63M), and Estonia ($1.66M).

COMPANIES In 2023, leading companies such as Sobel Westex (4) were at the forefront of shipping Ferroalloys from Singapore to the United States.

Latest Trends

Oct 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 Ferroalloys. 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)$249M
IMPORTS (2022)$228M
NET TRADE (2022)$21M

In 2022, Singapore exported $249M in Ferroalloys. The main destinations of Singapore exports on Ferroalloys were India ($117M), China ($36.6M), Japan ($36.2M), Chinese Taipei ($19.3M), and Indonesia ($11M).

In 2022, Singapore imported $228M in Ferroalloys, mainly from Brazil ($204M), India ($8.65M), Japan ($4.86M), Colombia ($3.63M), and Estonia ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Chinese Taipei$10.8M (127%)
India$10.2M (9.49%)
Vietnam$5.49M (383%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Singapore WERE (2021 - 2022):
China-$18.9M (-34%)
Netherlands-$6.04M (-93.2%)
United Arab Emirates-$2.03M (-85.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $27.5M
TOP IMPORT POTENTIALIndia+ $10M

Ferroalloys’s highest export potential is China. With an export gap of $27.5M.   Ferroalloys’s highest import potential is India with an import gap of $10M.

See methodology.

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