2022
Exports
$10.8MWorld Rnk 28 / 105
Flag Rnk 559 / 1198
2022
PRODUCT COMPLEXITY IN Iron Powder
0.78Rnk 252 / 1025
2022
Imports
$16.5MWorld Rnk 31 / 176
Flag Rnk 695 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $10.8M in Iron Powder, making it the 28th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 559th most exported product in Singapore. The main destination of Iron Powder exports from Singapore are: Indonesia ($5.65M), Malaysia ($2.35M), India ($1.28M), China ($321k), and Australia ($301k).

The fastest growing export markets for Iron Powder of Singapore between 2021 and 2022 were Malaysia ($1.25M), India ($890k), and Australia ($256k).

Imports In 2022, Singapore imported $16.5M in Iron Powder, becoming the 31st largest importer of Iron Powder in the world. At the same year, Iron Powder was the 695th most imported product in Singapore. Singapore imports Iron Powder primarily from: Japan ($8.81M), China ($1.34M), Thailand ($1.33M), United States ($1.06M), and Germany ($1.01M).

The fastest growing import markets in Iron Powder for Singapore between 2021 and 2022 were Austria ($177k), Sri Lanka ($163k), and Malaysia ($111k).

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 Iron Powder. 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)$10.8M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$5.73M

In 2022, Singapore exported $10.8M in Iron Powder. The main destinations of Singapore exports on Iron Powder were Indonesia ($5.65M), Malaysia ($2.35M), India ($1.28M), China ($321k), and Australia ($301k).

In 2022, Singapore imported $16.5M in Iron Powder, mainly from Japan ($8.81M), China ($1.34M), Thailand ($1.33M), United States ($1.06M), and Germany ($1.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$1.25M (112%)
India$890k (230%)
Australia$256k (568%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Singapore WERE (2021 - 2022):
Indonesia-$2.1M (-27.1%)
Philippines-$1.61M (-84.6%)
Chinese Taipei-$583k (-66.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $336k
TOP IMPORT POTENTIALChina+ $755k

Iron Powder’s highest export potential is India. With an export gap of $336k.   Iron Powder’s highest import potential is China with an import gap of $755k.

See methodology.

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