2023
Exports
$175MWorld Rnk 29 / 210
Flag Rnk 149 / 1202
2023
PRODUCT COMPLEXITY IN Other Engines
0.72Rnk 274 / 1025
2023
Imports
$456MWorld Rnk 19 / 220
Flag Rnk 105 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $175M in Other Engines, making it the 29th largest exporter of Other Engines in the world. At the same year, Other Engines was the 149th most exported product in Singapore. The main destination of Other Engines exports from Singapore are: Malaysia ($25M), Japan ($22.2M), China ($20.1M), Indonesia ($16.8M), and United States ($13.8M).

The fastest growing export markets for Other Engines of Singapore between 2022 and 2023 were Malaysia ($15.5M), Japan ($7.97M), and South Korea ($5.98M).

Imports In 2023, Singapore imported $456M in Other Engines, becoming the 19th largest importer of Other Engines in the world. At the same year, Other Engines was the 105th most imported product in Singapore. Singapore imports Other Engines primarily from: United States ($138M), Japan ($81.1M), Philippines ($36.6M), China ($33.2M), and Germany ($27.6M).

The fastest growing import markets in Other Engines for Singapore between 2022 and 2023 were United States ($32M), Canada ($4.54M), and Indonesia ($3.31M).

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 Other Engines. 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)$175M
IMPORTS (2023)$456M
NET TRADE (2023)-$280M

In 2023, Singapore exported $175M in Other Engines. The main destinations of Singapore exports on Other Engines were Malaysia ($25M), Japan ($22.2M), China ($20.1M), Indonesia ($16.8M), and United States ($13.8M).

In 2023, Singapore imported $456M in Other Engines, mainly from United States ($138M), Japan ($81.1M), Philippines ($36.6M), China ($33.2M), and Germany ($27.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Malaysia$15.5M (165%)
Japan$7.97M (55.9%)
South Korea$5.98M (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Singapore WERE (2022 - 2023):
China-$25.2M (-55.7%)
Hong Kong-$10.1M (-68.5%)
India-$6.82M (-57.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Other Engines were:
In 2023, Singapore's main importing competitors in Other Engines were:

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1M
TOP IMPORT POTENTIALChina+ $18.5M

Other Engines’s highest export potential is United States. With an export gap of $10.1M.   Other Engines’s highest import potential is China with an import gap of $18.5M.

See methodology.

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