2022
Exports
$68.7MWorld Rnk 16 / 117
Flag Rnk 267 / 1198
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$22.3MWorld Rnk 41 / 189
Flag Rnk 643 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $68.7M in Metal Lathes, making it the 16th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 267th most exported product in Singapore. The main destination of Metal Lathes exports from Singapore are: Belgium ($15.1M), India ($11.5M), Japan ($6.45M), Brazil ($6.41M), and Germany ($5.3M).

The fastest growing export markets for Metal Lathes of Singapore between 2021 and 2022 were Belgium ($7.29M), Germany ($2.68M), and India ($2.22M).

Imports In 2022, Singapore imported $22.3M in Metal Lathes, becoming the 41st largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 643rd most imported product in Singapore. Singapore imports Metal Lathes primarily from: Japan ($6.36M), Thailand ($3.44M), Chinese Taipei ($2.77M), South Korea ($2.63M), and Germany ($1.69M).

The fastest growing import markets in Metal Lathes for Singapore between 2021 and 2022 were Japan ($3.7M), Germany ($1.57M), and Philippines ($294k).

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 Metal Lathes. 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)$68.7M
IMPORTS (2022)$22.3M
NET TRADE (2022)$46.3M

In 2022, Singapore exported $68.7M in Metal Lathes. The main destinations of Singapore exports on Metal Lathes were Belgium ($15.1M), India ($11.5M), Japan ($6.45M), Brazil ($6.41M), and Germany ($5.3M).

In 2022, Singapore imported $22.3M in Metal Lathes, mainly from Japan ($6.36M), Thailand ($3.44M), Chinese Taipei ($2.77M), South Korea ($2.63M), and Germany ($1.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Belgium$7.29M (93.1%)
Germany$2.68M (102%)
India$2.22M (24%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Singapore WERE (2021 - 2022):
Thailand-$907k (-23.3%)
Philippines-$644k (-78.6%)
Egypt-$627k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Metal Lathes were:
In 2022, Singapore's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.65M
TOP IMPORT POTENTIALChina+ $1.28M

Metal Lathes’s highest export potential is United States. With an export gap of $1.65M.   Metal Lathes’s highest import potential is China with an import gap of $1.28M.

See methodology.

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