2022
Exports | Imports
$69.9B | $104BWorld Rnk 19 / 220
Flag Rnk 2 / 21
World Rnk 12 / 226
Flag Rnk 2 / 21
2022
ECONOMIC COMPLEXITY of Singapore
1.53Rnk 5 / 124
2022
PRODUCT COMPLEXITY IN Mineral Products
0.33Rnk 442 / 1025

About

Exports In 2022, Singapore exported $69.9B in Mineral Products, making it the 19th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 2nd most exported product in Singapore. The main destination of Mineral Products exports from Singapore are: Malaysia ($11.6B), Australia ($10.5B), Indonesia ($9.77B), India ($4.75B), and Burma ($3.55B).

The fastest growing export markets for Mineral Products of Singapore between 2021 and 2022 were Malaysia ($4.82B), Australia ($3.64B), and Indonesia ($3.28B).

Imports In 2022, Singapore imported $104B in Mineral Products, becoming the 12th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 2nd most imported product in Singapore. Singapore imports Mineral Products primarily from: United Arab Emirates ($12.3B), United States ($11.5B), Malaysia ($11.4B), China ($8.73B), and South Korea ($7.47B).

The fastest growing import markets in Mineral Products for Singapore between 2021 and 2022 were United States ($6.56B), China ($3.15B), and South Korea ($2.89B).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (130), ELECTROLUX HOME PRODUCTS, INC. (56), and HARDINGER (SOUTH) WAREHOUSE (1) were at the forefront of shipping Mineral Products from Singapore to the United States.

Latest Trends

Feb 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 Mineral Products. 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)$69.9B
IMPORTS (2022)$104B
NET TRADE (2022)-$33.8B

In 2022, Singapore exported $69.9B in Mineral Products. The main destinations of Singapore exports on Mineral Products were Malaysia ($11.6B), Australia ($10.5B), Indonesia ($9.77B), India ($4.75B), and Burma ($3.55B).

In 2022, Singapore imported $104B in Mineral Products, mainly from United Arab Emirates ($12.3B), United States ($11.5B), Malaysia ($11.4B), China ($8.73B), and South Korea ($7.47B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$4.82B (70.6%)
Australia$3.64B (52.9%)
Indonesia$3.28B (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Singapore WERE (2021 - 2022):
China-$1.41B (-33.5%)
South Korea-$496M (-43.4%)
Brunei-$131M (-47.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Mineral Products were:
In 2022, Singapore's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

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