2022
Exports
$4.63MWorld Rnk 52 / 144
Flag Rnk 693 / 1198
2022
PRODUCT COMPLEXITY IN Locomotive Parts
0.82Rnk 237 / 1025
2022
Imports
$32.1MWorld Rnk 42 / 200
Flag Rnk 564 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.63M in Locomotive Parts, making it the 52nd largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 693rd most exported product in Singapore. The main destination of Locomotive Parts exports from Singapore are: Indonesia ($1M), Japan ($772k), Philippines ($633k), India ($526k), and Hong Kong ($283k).

The fastest growing export markets for Locomotive Parts of Singapore between 2021 and 2022 were Czechia ($236k), Malaysia ($109k), and France ($84.4k).

Imports In 2022, Singapore imported $32.1M in Locomotive Parts, becoming the 42nd largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 564th most imported product in Singapore. Singapore imports Locomotive Parts primarily from: China ($11.9M), Japan ($7.44M), Australia ($3.63M), France ($2.04M), and United States ($1.88M).

The fastest growing import markets in Locomotive Parts for Singapore between 2021 and 2022 were China ($8.79M), Japan ($2.12M), and Australia ($1.58M).

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 Locomotive Parts. 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)$4.63M
IMPORTS (2022)$32.1M
NET TRADE (2022)-$27.5M

In 2022, Singapore exported $4.63M in Locomotive Parts. The main destinations of Singapore exports on Locomotive Parts were Indonesia ($1M), Japan ($772k), Philippines ($633k), India ($526k), and Hong Kong ($283k).

In 2022, Singapore imported $32.1M in Locomotive Parts, mainly from China ($11.9M), Japan ($7.44M), Australia ($3.63M), France ($2.04M), and United States ($1.88M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Czechia$236k (1%)
Malaysia$109k (72%)
France$84.4k (648%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Singapore WERE (2021 - 2022):
Italy-$609k (-99.4%)
China-$520k (-77.9%)
Chinese Taipei-$348k (-78.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Locomotive Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $372k
TOP IMPORT POTENTIALChina+ $2.56M

Locomotive Parts’s highest export potential is India. With an export gap of $372k.   Locomotive Parts’s highest import potential is China with an import gap of $2.56M.

See methodology.

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