2022
Exports
$56.7MWorld Rnk 22 / 218
Flag Rnk 297 / 1198
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$159MWorld Rnk 16 / 224
Flag Rnk 239 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $56.7M in Other Hand Tools, making it the 22nd largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 297th most exported product in Singapore. The main destination of Other Hand Tools exports from Singapore are: Brunei ($13.4M), Indonesia ($11.9M), Philippines ($5.45M), Malaysia ($4.98M), and Cambodia ($3.57M).

The fastest growing export markets for Other Hand Tools of Singapore between 2021 and 2022 were Brunei ($12.9M), Philippines ($1.16M), and United Kingdom ($949k).

Imports In 2022, Singapore imported $159M in Other Hand Tools, becoming the 16th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 239th most imported product in Singapore. Singapore imports Other Hand Tools primarily from: China ($119M), United States ($10.4M), Germany ($5.89M), Malaysia ($3.31M), and Chinese Taipei ($3.29M).

The fastest growing import markets in Other Hand Tools for Singapore between 2021 and 2022 were China ($85.2M), United States ($2.28M), and France ($1.08M).

COMPANIES In 2023, leading companies such as John Deere (4) and American Omni Trading Company (1) were at the forefront of shipping Other Hand Tools from Singapore to the United States.

Latest Trends

Jul 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 Hand Tools. 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)$56.7M
IMPORTS (2022)$159M
NET TRADE (2022)-$102M

In 2022, Singapore exported $56.7M in Other Hand Tools. The main destinations of Singapore exports on Other Hand Tools were Brunei ($13.4M), Indonesia ($11.9M), Philippines ($5.45M), Malaysia ($4.98M), and Cambodia ($3.57M).

In 2022, Singapore imported $159M in Other Hand Tools, mainly from China ($119M), United States ($10.4M), Germany ($5.89M), Malaysia ($3.31M), and Chinese Taipei ($3.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Brunei$12.9M (2.4k%)
Philippines$1.16M (27.2%)
United Kingdom$949k (949%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Singapore WERE (2021 - 2022):
Indonesia-$7.67M (-39.2%)
Cambodia-$1.9M (-34.7%)
Malaysia-$1.84M (-27%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.31M
TOP IMPORT POTENTIALGermany+ $1.6M

Other Hand Tools’s highest export potential is United States. With an export gap of $1.31M.   Other Hand Tools’s highest import potential is Germany with an import gap of $1.6M.

See methodology.

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