2023
Exports
$313MWorld Rnk 39 / 156
Flag Rnk 104 / 1202
2023
PRODUCT COMPLEXITY IN Raw Aluminium
-1.28Rnk 895 / 1025
2023
Imports
$467MWorld Rnk 33 / 186
Flag Rnk 103 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $313M in Raw Aluminium, making it the 39th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 104th most exported product in Singapore. The main destination of Raw Aluminium exports from Singapore are: China ($51.8M), Greece ($49.2M), Italy ($35.1M), Malaysia ($27.7M), and Vietnam ($16.3M).

The fastest growing export markets for Raw Aluminium of Singapore between 2022 and 2023 were Greece ($49.2M), China ($48.6M), and Italy ($35.1M).

Imports In 2023, Singapore imported $467M in Raw Aluminium, becoming the 33rd largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 103rd most imported product in Singapore. Singapore imports Raw Aluminium primarily from: Mozambique ($389M), South Africa ($26.2M), India ($16.6M), United Arab Emirates ($7.96M), and Malaysia ($7.25M).

The fastest growing import markets in Raw Aluminium for Singapore between 2022 and 2023 were Mozambique ($73.7M), Indonesia ($3.32M), and Belgium ($2.25M).

Latest Trends

Jan 2025

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 Raw Aluminium. 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)$313M
IMPORTS (2023)$467M
NET TRADE (2023)-$154M

In 2023, Singapore exported $313M in Raw Aluminium. The main destinations of Singapore exports on Raw Aluminium were China ($51.8M), Greece ($49.2M), Italy ($35.1M), Malaysia ($27.7M), and Vietnam ($16.3M).

In 2023, Singapore imported $467M in Raw Aluminium, mainly from Mozambique ($389M), South Africa ($26.2M), India ($16.6M), United Arab Emirates ($7.96M), and Malaysia ($7.25M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Greece$49.2M (1%)
China$48.6M (1.52k%)
Italy$35.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Singapore WERE (2022 - 2023):
Japan-$78.2M (-86.4%)
Chinese Taipei-$18.5M (-58.7%)
Thailand-$15.2M (-81.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Raw Aluminium were:
In 2023, Singapore's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $13.8M
TOP IMPORT POTENTIALMalaysia+ $27.1M

Raw Aluminium’s highest export potential is Malaysia. With an export gap of $13.8M.   Raw Aluminium’s highest import potential is Malaysia with an import gap of $27.1M.

See methodology.

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