2023
Exports
$131MWorld Rnk 12 / 108
Flag Rnk 177 / 1202
2023
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.41Rnk 668 / 1025
2023
Imports
$57.1MWorld Rnk 22 / 186
Flag Rnk 420 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $131M in Other Sea Vessels, making it the 12th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 177th most exported product in Singapore. The main destination of Other Sea Vessels exports from Singapore are: Philippines ($62.7M), China ($18.5M), Thailand ($13.1M), Chinese Taipei ($12.3M), and Japan ($5.79M).

The fastest growing export markets for Other Sea Vessels of Singapore between 2022 and 2023 were Philippines ($62.3M), China ($18.3M), and Japan ($5.51M).

Imports In 2023, Singapore imported $57.1M in Other Sea Vessels, becoming the 22nd largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 420th most imported product in Singapore. Singapore imports Other Sea Vessels primarily from: Thailand ($31.6M), India ($18.3M), Germany ($2.5M), China ($1.7M), and Norway ($709k).

The fastest growing import markets in Other Sea Vessels for Singapore between 2022 and 2023 were Thailand ($30.6M), India ($18.3M), and Germany ($724k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Sea Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$131M
IMPORTS (2023)$57.1M
NET TRADE (2023)$73.9M

In 2023, Singapore exported $131M in Other Sea Vessels. The main destinations of Singapore exports on Other Sea Vessels were Philippines ($62.7M), China ($18.5M), Thailand ($13.1M), Chinese Taipei ($12.3M), and Japan ($5.79M).

In 2023, Singapore imported $57.1M in Other Sea Vessels, mainly from Thailand ($31.6M), India ($18.3M), Germany ($2.5M), China ($1.7M), and Norway ($709k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Philippines$62.3M (16.6k%)
China$18.3M (8.31k%)
Japan$5.51M (1.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Singapore WERE (2022 - 2023):
India-$279M (-100%)
Cyprus-$210M (-99.9%)
Saudi Arabia-$76.7M (-93.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $439k
TOP IMPORT POTENTIALUnited States+ $290k

Other Sea Vessels’s highest export potential is United States. With an export gap of $439k.   Other Sea Vessels’s highest import potential is United States with an import gap of $290k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with