2022
Exports
$305MWorld Rnk 46 / 152
Flag Rnk 127 / 1198
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$566MWorld Rnk 33 / 187
Flag Rnk 94 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $305M in Raw Aluminium, making it the 46th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 127th most exported product in Singapore. The main destination of Raw Aluminium exports from Singapore are: Japan ($90.5M), Netherlands ($32.4M), Chinese Taipei ($31.5M), Thailand ($24.7M), and Norway ($17.9M).

The fastest growing export markets for Raw Aluminium of Singapore between 2021 and 2022 were Japan ($89.8M), Chinese Taipei ($15.7M), and Belgium ($13.3M).

Imports In 2022, Singapore imported $566M in Raw Aluminium, becoming the 33rd largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 94th most imported product in Singapore. Singapore imports Raw Aluminium primarily from: Mozambique ($316M), South Africa ($112M), Malaysia ($84.7M), India ($26.6M), and United Arab Emirates ($11.4M).

The fastest growing import markets in Raw Aluminium for Singapore between 2021 and 2022 were Mozambique ($88.2M), South Africa ($84M), and Malaysia ($33.3M).

Latest Trends

Oct 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 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 (2022)$305M
IMPORTS (2022)$566M
NET TRADE (2022)-$261M

In 2022, Singapore exported $305M in Raw Aluminium. The main destinations of Singapore exports on Raw Aluminium were Japan ($90.5M), Netherlands ($32.4M), Chinese Taipei ($31.5M), Thailand ($24.7M), and Norway ($17.9M).

In 2022, Singapore imported $566M in Raw Aluminium, mainly from Mozambique ($316M), South Africa ($112M), Malaysia ($84.7M), India ($26.6M), and United Arab Emirates ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Japan$89.8M (13.9k%)
Chinese Taipei$15.7M (99.5%)
Belgium$13.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Singapore WERE (2021 - 2022):
China-$304M (-99%)
Netherlands-$30.1M (-48.2%)
Bangladesh-$6.49M (-28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, 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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