2022
Exports
$536MWorld Rnk 27 / 221
Flag Rnk 80 / 1198
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$787MWorld Rnk 28 / 225
Flag Rnk 67 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $536M in Liquid Pumps, making it the 27th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 80th most exported product in Singapore. The main destination of Liquid Pumps exports from Singapore are: United States ($76M), Indonesia ($58.5M), Malaysia ($56.9M), China ($55.6M), and India ($41.5M).

The fastest growing export markets for Liquid Pumps of Singapore between 2021 and 2022 were Malaysia ($12.1M), South Korea ($9.59M), and India ($9.16M).

Imports In 2022, Singapore imported $787M in Liquid Pumps, becoming the 28th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 67th most imported product in Singapore. Singapore imports Liquid Pumps primarily from: United States ($186M), China ($149M), Germany ($97.7M), Japan ($49.3M), and Denmark ($31.6M).

The fastest growing import markets in Liquid Pumps for Singapore between 2021 and 2022 were China ($35.6M), Mexico ($9.61M), and Thailand ($5.14M).

COMPANIES In 2023, leading companies such as Rolls-Royce (9) were at the forefront of shipping Liquid Pumps 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 Liquid Pumps. 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)$536M
IMPORTS (2022)$787M
NET TRADE (2022)-$251M

In 2022, Singapore exported $536M in Liquid Pumps. The main destinations of Singapore exports on Liquid Pumps were United States ($76M), Indonesia ($58.5M), Malaysia ($56.9M), China ($55.6M), and India ($41.5M).

In 2022, Singapore imported $787M in Liquid Pumps, mainly from United States ($186M), China ($149M), Germany ($97.7M), Japan ($49.3M), and Denmark ($31.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$12.1M (26.9%)
South Korea$9.59M (172%)
India$9.16M (28.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Singapore WERE (2021 - 2022):
Chinese Taipei-$5.29M (-55.5%)
Japan-$3.47M (-20.1%)
Netherlands-$2.52M (-23.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.9M
TOP IMPORT POTENTIALChina+ $46.3M

Liquid Pumps’s highest export potential is United States. With an export gap of $26.9M.   Liquid Pumps’s highest import potential is China with an import gap of $46.3M.

See methodology.

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