2022
Exports
$4.03MWorld Rnk 28 / 73
Flag Rnk 712 / 1198
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$9.9MWorld Rnk 36 / 143
Flag Rnk 796 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $4.03M in Military Weapons, making it the 28th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 712th most exported product in Singapore. The main destination of Military Weapons exports from Singapore are: Malawi ($1.73M), Indonesia ($1.61M), Nigeria ($247k), United States ($155k), and Malaysia ($149k).

The fastest growing export markets for Military Weapons of Singapore between 2021 and 2022 were Malawi ($1.73M), Nigeria ($247k), and United States ($155k).

Imports In 2022, Singapore imported $9.9M in Military Weapons, becoming the 36th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 796th most imported product in Singapore. Singapore imports Military Weapons primarily from: United States ($9.1M), Indonesia ($651k), Thailand ($91.8k), South Africa ($61k), and Sri Lanka ($43).

The fastest growing import markets in Military Weapons for Singapore between 2021 and 2022 were United States ($8.33M), Indonesia ($651k), and Thailand ($82.4k).

Latest Trends

Nov 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 Military Weapons. 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)$4.03M
IMPORTS (2022)$9.9M
NET TRADE (2022)-$5.88M

In 2022, Singapore exported $4.03M in Military Weapons. The main destinations of Singapore exports on Military Weapons were Malawi ($1.73M), Indonesia ($1.61M), Nigeria ($247k), United States ($155k), and Malaysia ($149k).

In 2022, Singapore imported $9.9M in Military Weapons, mainly from United States ($9.1M), Indonesia ($651k), Thailand ($91.8k), South Africa ($61k), and Sri Lanka ($43).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malawi$1.73M (1%)
Nigeria$247k (1%)
United States$155k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Singapore WERE (2021 - 2022):
Indonesia-$426k (-20.9%)
Thailand-$209k (-61.1%)
Philippines-$507 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Military Weapons were:
In 2022, Singapore's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88.8k
TOP IMPORT POTENTIALSouth Africa+ $46k

Military Weapons’s highest export potential is United States. With an export gap of $88.8k.   Military Weapons’s highest import potential is South Africa with an import gap of $46k.

See methodology.

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