2022
Exports
$5.66BWorld Rnk 10 / 226
Flag Rnk 11 / 1198
2022
PRODUCT COMPLEXITY IN Office Machine Parts
1.32Rnk 90 / 1025
2022
Imports
$7.17BWorld Rnk 8 / 224
Flag Rnk 8 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $5.66B in Office Machine Parts, making it the 10th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 11th most exported product in Singapore. The main destination of Office Machine Parts exports from Singapore are: Hong Kong ($1.2B), China ($673M), United States ($545M), India ($489M), and Vietnam ($419M).

The fastest growing export markets for Office Machine Parts of Singapore between 2021 and 2022 were Vietnam ($231M), Thailand ($158M), and India ($68.4M).

Imports In 2022, Singapore imported $7.17B in Office Machine Parts, becoming the 8th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 8th most imported product in Singapore. Singapore imports Office Machine Parts primarily from: China ($2.64B), Chinese Taipei ($908M), Malaysia ($719M), Thailand ($670M), and United States ($482M).

The fastest growing import markets in Office Machine Parts for Singapore between 2021 and 2022 were China ($475M), Thailand ($227M), and United States ($125M).

COMPANIES In 2023, leading companies such as Brother Industries (2) were at the forefront of shipping Office Machine Parts from Singapore to the United States.

Latest Trends

Sep 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 Office Machine Parts. 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)$5.66B
IMPORTS (2022)$7.17B
NET TRADE (2022)-$1.51B

In 2022, Singapore exported $5.66B in Office Machine Parts. The main destinations of Singapore exports on Office Machine Parts were Hong Kong ($1.2B), China ($673M), United States ($545M), India ($489M), and Vietnam ($419M).

In 2022, Singapore imported $7.17B in Office Machine Parts, mainly from China ($2.64B), Chinese Taipei ($908M), Malaysia ($719M), Thailand ($670M), and United States ($482M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Vietnam$231M (123%)
Thailand$158M (154%)
India$68.4M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Singapore WERE (2021 - 2022):
Hong Kong-$206M (-14.6%)
Malaysia-$193M (-37.8%)
China-$159M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Office Machine Parts were:
In 2022, Singapore's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $102M
TOP IMPORT POTENTIALMalaysia+ $131M

Office Machine Parts’s highest export potential is China. With an export gap of $102M.   Office Machine Parts’s highest import potential is Malaysia with an import gap of $131M.

See methodology.

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