2023
Exports
$140MWorld Rnk 13 / 209
Flag Rnk 168 / 1202
2023
PRODUCT COMPLEXITY IN Hydrometers
0.75Rnk 268 / 1025
2023
Imports
$150MWorld Rnk 13 / 221
Flag Rnk 228 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $140M in Hydrometers, making it the 13th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 168th most exported product in Singapore. The main destination of Hydrometers exports from Singapore are: China ($29.3M), Malaysia ($19M), United States ($11.7M), South Korea ($11M), and Japan ($7.81M).

The fastest growing export markets for Hydrometers of Singapore between 2022 and 2023 were South Korea ($8.9M), China ($6.77M), and Romania ($6.66M).

Imports In 2023, Singapore imported $150M in Hydrometers, becoming the 13th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 228th most imported product in Singapore. Singapore imports Hydrometers primarily from: United States ($43.7M), China ($24.3M), France ($15.3M), Germany ($9.1M), and United Kingdom ($7.95M).

The fastest growing import markets in Hydrometers for Singapore between 2022 and 2023 were France ($3.7M), Belgium ($1.46M), and Vietnam ($1.19M).

Latest Trends

Dec 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 Hydrometers. 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)$140M
IMPORTS (2023)$150M
NET TRADE (2023)-$9.74M

In 2023, Singapore exported $140M in Hydrometers. The main destinations of Singapore exports on Hydrometers were China ($29.3M), Malaysia ($19M), United States ($11.7M), South Korea ($11M), and Japan ($7.81M).

In 2023, Singapore imported $150M in Hydrometers, mainly from United States ($43.7M), China ($24.3M), France ($15.3M), Germany ($9.1M), and United Kingdom ($7.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
South Korea$8.9M (424%)
China$6.77M (30.1%)
Romania$6.66M (1.02k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Singapore WERE (2022 - 2023):
Germany-$4.04M (-72.4%)
Hong Kong-$1.9M (-46.2%)
India-$1.22M (-24.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Hydrometers were:
In 2023, Singapore's main importing competitors in Hydrometers were:

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.87M
TOP IMPORT POTENTIALChina+ $7.28M

Hydrometers’s highest export potential is United States. With an export gap of $3.87M.   Hydrometers’s highest import potential is China with an import gap of $7.28M.

See methodology.

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