2023
Exports
$13.6MWorld Rnk 47 / 190
Flag Rnk 465 / 1202
2023
PRODUCT COMPLEXITY IN Motorcycles and cycles
0.4Rnk 414 / 1025
2023
Imports
$103MWorld Rnk 57 / 221
Flag Rnk 288 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $13.6M in Motorcycles and cycles, making it the 47th largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 465th most exported product in Singapore. The main destination of Motorcycles and cycles exports from Singapore are: Chinese Taipei ($4.1M), China ($2.12M), Indonesia ($1.44M), Thailand ($908k), and Hong Kong ($869k).

The fastest growing export markets for Motorcycles and cycles of Singapore between 2022 and 2023 were Thailand ($844k), Chinese Taipei ($634k), and Indonesia ($608k).

Imports In 2023, Singapore imported $103M in Motorcycles and cycles, becoming the 57th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 288th most imported product in Singapore. Singapore imports Motorcycles and cycles primarily from: Japan ($21.2M), Thailand ($17.7M), Indonesia ($14M), United States ($11.6M), and Germany ($8.86M).

The fastest growing import markets in Motorcycles and cycles for Singapore between 2022 and 2023 were Thailand ($10.5M), Japan ($8.33M), and United States ($1.63M).

Latest Trends

Dec 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 Motorcycles and cycles. 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 (2023)$13.6M
IMPORTS (2023)$103M
NET TRADE (2023)-$89.6M

In 2023, Singapore exported $13.6M in Motorcycles and cycles. The main destinations of Singapore exports on Motorcycles and cycles were Chinese Taipei ($4.1M), China ($2.12M), Indonesia ($1.44M), Thailand ($908k), and Hong Kong ($869k).

In 2023, Singapore imported $103M in Motorcycles and cycles, mainly from Japan ($21.2M), Thailand ($17.7M), Indonesia ($14M), United States ($11.6M), and Germany ($8.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motorcycles and cycles EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Thailand$844k (1.31k%)
Chinese Taipei$634k (18.3%)
Indonesia$608k (73.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motorcycles and cycles BY Singapore WERE (2022 - 2023):
Malaysia-$4.79M (-98.7%)
China-$2.23M (-51.3%)
Japan-$1.04M (-59%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Motorcycles and cycles were:
China $9.61B
Japan $3.39B
Germany $3.24B
In 2023, Singapore's main importing competitors in Motorcycles and cycles were:

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Trade Value of Motorcycles and cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.12M
TOP IMPORT POTENTIALChina+ $12.1M

Motorcycles and cycles’s highest export potential is China. With an export gap of $2.12M.   Motorcycles and cycles’s highest import potential is China with an import gap of $12.1M.

See methodology.

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