2022
Exports
$1.6BWorld Rnk 10 / 216
Flag Rnk 34 / 1198
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$2.8BWorld Rnk 6 / 224
Flag Rnk 17 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.6B in Other Electrical Machinery, making it the 10th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 34th most exported product in Singapore. The main destination of Other Electrical Machinery exports from Singapore are: United States ($389M), Hong Kong ($213M), China ($192M), Malaysia ($137M), and Indonesia ($119M).

The fastest growing export markets for Other Electrical Machinery of Singapore between 2021 and 2022 were United States ($188M), Laos ($43.3M), and Malaysia ($38.1M).

Imports In 2022, Singapore imported $2.8B in Other Electrical Machinery, becoming the 6th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 17th most imported product in Singapore. Singapore imports Other Electrical Machinery primarily from: Indonesia ($1.34B), Malaysia ($505M), China ($312M), United States ($200M), and Japan ($113M).

The fastest growing import markets in Other Electrical Machinery for Singapore between 2021 and 2022 were Indonesia ($1.17B), Malaysia ($59.5M), and China ($32.6M).

COMPANIES In 2023, leading companies such as Panasonic (44) and General Motors (4) were at the forefront of shipping Other Electrical Machinery from Singapore to the United States.

Latest Trends

Aug 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 Other Electrical Machinery. 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)$1.6B
IMPORTS (2022)$2.8B
NET TRADE (2022)-$1.21B

In 2022, Singapore exported $1.6B in Other Electrical Machinery. The main destinations of Singapore exports on Other Electrical Machinery were United States ($389M), Hong Kong ($213M), China ($192M), Malaysia ($137M), and Indonesia ($119M).

In 2022, Singapore imported $2.8B in Other Electrical Machinery, mainly from Indonesia ($1.34B), Malaysia ($505M), China ($312M), United States ($200M), and Japan ($113M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$188M (93.7%)
Laos$43.3M (443%)
Malaysia$38.1M (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Singapore WERE (2021 - 2022):
Indonesia-$29.9M (-20.1%)
Germany-$16.5M (-36.1%)
United Kingdom-$13.5M (-53.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Other Electrical Machinery were:
In 2022, Singapore's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41.2M
TOP IMPORT POTENTIALChina+ $117M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $41.2M.   Other Electrical Machinery’s highest import potential is China with an import gap of $117M.

See methodology.

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