2022
Exports
$501MWorld Rnk 13 / 200
Flag Rnk 88 / 1198
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$192MWorld Rnk 26 / 220
Flag Rnk 211 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $501M in Navigation Equipment, making it the 13th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 88th most exported product in Singapore. The main destination of Navigation Equipment exports from Singapore are: South Korea ($160M), China ($69.2M), United States ($38.7M), Japan ($29.5M), and Netherlands ($25M).

The fastest growing export markets for Navigation Equipment of Singapore between 2021 and 2022 were South Korea ($23.1M), Netherlands ($22.5M), and Israel ($13.9M).

Imports In 2022, Singapore imported $192M in Navigation Equipment, becoming the 26th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 211th most imported product in Singapore. Singapore imports Navigation Equipment primarily from: United States ($42.6M), China ($33.6M), Germany ($31.3M), France ($13.6M), and Malaysia ($9.08M).

The fastest growing import markets in Navigation Equipment for Singapore between 2021 and 2022 were Germany ($9.8M), United States ($8.77M), and China ($7.05M).

COMPANIES In 2023, leading companies such as General Motors (5), HP Inc (3), and At Home Procurement (2) were at the forefront of shipping Navigation Equipment from Singapore to the United States.

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 Navigation Equipment. 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)$501M
IMPORTS (2022)$192M
NET TRADE (2022)$309M

In 2022, Singapore exported $501M in Navigation Equipment. The main destinations of Singapore exports on Navigation Equipment were South Korea ($160M), China ($69.2M), United States ($38.7M), Japan ($29.5M), and Netherlands ($25M).

In 2022, Singapore imported $192M in Navigation Equipment, mainly from United States ($42.6M), China ($33.6M), Germany ($31.3M), France ($13.6M), and Malaysia ($9.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
South Korea$23.1M (16.8%)
Netherlands$22.5M (919%)
Israel$13.9M (2.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Singapore WERE (2021 - 2022):
Russia-$47.1M (-86.3%)
Sweden-$34.8M (-77.2%)
Belgium-$18.8M (-53.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Navigation Equipment were:
In 2022, Singapore's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.5M
TOP IMPORT POTENTIALChina+ $12.6M

Navigation Equipment’s highest export potential is United States. With an export gap of $14.5M.   Navigation Equipment’s highest import potential is China with an import gap of $12.6M.

See methodology.

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