2022
Exports
$236MWorld Rnk 17 / 94
Flag Rnk 150 / 1198
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$398MWorld Rnk 18 / 143
Flag Rnk 123 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $236M in Platinum, making it the 17th largest exporter of Platinum in the world. At the same year, Platinum was the 150th most exported product in Singapore. The main destination of Platinum exports from Singapore are: Italy ($56.9M), United States ($48.7M), Japan ($37.8M), Hong Kong ($31.3M), and Switzerland ($18.7M).

The fastest growing export markets for Platinum of Singapore between 2021 and 2022 were Italy ($41.5M), Hong Kong ($29.1M), and Chinese Taipei ($7.12M).

Imports In 2022, Singapore imported $398M in Platinum, becoming the 18th largest importer of Platinum in the world. At the same year, Platinum was the 123rd most imported product in Singapore. Singapore imports Platinum primarily from: Japan ($173M), Chinese Taipei ($111M), United States ($39.6M), Germany ($25M), and United Kingdom ($10.4M).

The fastest growing import markets in Platinum for Singapore between 2021 and 2022 were Japan ($53.6M), South Africa ($8.78M), and Hong Kong ($6.93M).

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 Platinum. 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)$236M
IMPORTS (2022)$398M
NET TRADE (2022)-$162M

In 2022, Singapore exported $236M in Platinum. The main destinations of Singapore exports on Platinum were Italy ($56.9M), United States ($48.7M), Japan ($37.8M), Hong Kong ($31.3M), and Switzerland ($18.7M).

In 2022, Singapore imported $398M in Platinum, mainly from Japan ($173M), Chinese Taipei ($111M), United States ($39.6M), Germany ($25M), and United Kingdom ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Italy$41.5M (270%)
Hong Kong$29.1M (1.28k%)
Chinese Taipei$7.12M (1.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Singapore WERE (2021 - 2022):
United States-$30.8M (-38.7%)
United Kingdom-$23.6M (-59.1%)
Canada-$1.07M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Platinum were:
In 2022, Singapore's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.7M
TOP IMPORT POTENTIALSouth Africa+ $12M

Platinum’s highest export potential is United States. With an export gap of $17.7M.   Platinum’s highest import potential is South Africa with an import gap of $12M.

See methodology.

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