2022
Exports
$12.4MWorld Rnk 51 / 194
Flag Rnk 528 / 1198
2022
PRODUCT COMPLEXITY IN Harvesting Machinery
0.77Rnk 257 / 1025
2022
Imports
$20.9MWorld Rnk 77 / 222
Flag Rnk 651 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $12.4M in Harvesting Machinery, making it the 51st largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 528th most exported product in Singapore. The main destination of Harvesting Machinery exports from Singapore are: Australia ($3.74M), Philippines ($2.57M), Hong Kong ($1.61M), Malaysia ($1.01M), and Indonesia ($824k).

The fastest growing export markets for Harvesting Machinery of Singapore between 2021 and 2022 were Australia ($3.36M), Japan ($436k), and Indonesia ($347k).

Imports In 2022, Singapore imported $20.9M in Harvesting Machinery, becoming the 77th largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 651st most imported product in Singapore. Singapore imports Harvesting Machinery primarily from: Brazil ($7.93M), China ($5.33M), United States ($3.56M), South Korea ($781k), and Japan ($412k).

The fastest growing import markets in Harvesting Machinery for Singapore between 2021 and 2022 were Brazil ($7.89M), China ($2.5M), and United States ($1.54M).

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 Harvesting Machinery. 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)$12.4M
IMPORTS (2022)$20.9M
NET TRADE (2022)-$8.45M

In 2022, Singapore exported $12.4M in Harvesting Machinery. The main destinations of Singapore exports on Harvesting Machinery were Australia ($3.74M), Philippines ($2.57M), Hong Kong ($1.61M), Malaysia ($1.01M), and Indonesia ($824k).

In 2022, Singapore imported $20.9M in Harvesting Machinery, mainly from Brazil ($7.93M), China ($5.33M), United States ($3.56M), South Korea ($781k), and Japan ($412k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Australia$3.36M (875%)
Japan$436k (625%)
Indonesia$347k (72.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Singapore WERE (2021 - 2022):
Hong Kong-$14.8M (-90.2%)
Philippines-$2.27M (-46.9%)
Malaysia-$2.01M (-66.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $598k
TOP IMPORT POTENTIALChina+ $3.69M

Harvesting Machinery’s highest export potential is Australia. With an export gap of $598k.   Harvesting Machinery’s highest import potential is China with an import gap of $3.69M.

See methodology.

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