2022
Exports
$45.3MWorld Rnk 38 / 167
Flag Rnk 324 / 1198
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$150MWorld Rnk 25 / 217
Flag Rnk 252 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $45.3M in Recreational Boats, making it the 38th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 324th most exported product in Singapore. The main destination of Recreational Boats exports from Singapore are: Hong Kong ($10.1M), Turkey ($8.16M), Italy ($6.81M), Australia ($4.47M), and Bangladesh ($3.35M).

The fastest growing export markets for Recreational Boats of Singapore between 2021 and 2022 were Hong Kong ($9.97M), Turkey ($8.01M), and Italy ($6.56M).

Imports In 2022, Singapore imported $150M in Recreational Boats, becoming the 25th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 252nd most imported product in Singapore. Singapore imports Recreational Boats primarily from: Australia ($61.8M), Italy ($33.8M), United Kingdom ($21M), China ($5.53M), and United States ($4.97M).

The fastest growing import markets in Recreational Boats for Singapore between 2021 and 2022 were Australia ($60.1M), Italy ($15.5M), and South Africa ($3.34M).

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 Recreational Boats. 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)$45.3M
IMPORTS (2022)$150M
NET TRADE (2022)-$105M

In 2022, Singapore exported $45.3M in Recreational Boats. The main destinations of Singapore exports on Recreational Boats were Hong Kong ($10.1M), Turkey ($8.16M), Italy ($6.81M), Australia ($4.47M), and Bangladesh ($3.35M).

In 2022, Singapore imported $150M in Recreational Boats, mainly from Australia ($61.8M), Italy ($33.8M), United Kingdom ($21M), China ($5.53M), and United States ($4.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Hong Kong$9.97M (6.28k%)
Turkey$8.01M (5.34k%)
Italy$6.56M (2.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Singapore WERE (2021 - 2022):
United States-$15.2M (-83.4%)
France-$3.22M (-89%)
Belgium-$3.12M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.53M
TOP IMPORT POTENTIALChina+ $3.84M

Recreational Boats’s highest export potential is United States. With an export gap of $2.53M.   Recreational Boats’s highest import potential is China with an import gap of $3.84M.

See methodology.

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