2023
Exports
$69.9MWorld Rnk 31 / 176
Flag Rnk 241 / 1202
2023
PRODUCT COMPLEXITY IN Recreational Boats
0.24Rnk 483 / 1025
2023
Imports
$95.4MWorld Rnk 30 / 219
Flag Rnk 305 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $69.9M in Recreational Boats, making it the 31st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 241st most exported product in Singapore. The main destination of Recreational Boats exports from Singapore are: Greece ($23.5M), Australia ($13.8M), New Zealand ($7.46M), Italy ($6.39M), and Hong Kong ($3.11M).

The fastest growing export markets for Recreational Boats of Singapore between 2022 and 2023 were Greece ($23.5M), Australia ($9.34M), and New Zealand ($7.4M).

Imports In 2023, Singapore imported $95.4M in Recreational Boats, becoming the 30th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 305th most imported product in Singapore. Singapore imports Recreational Boats primarily from: Australia ($29M), Italy ($23.5M), United Kingdom ($18.4M), France ($3.6M), and South Africa ($3.22M).

The fastest growing import markets in Recreational Boats for Singapore between 2022 and 2023 were Australia ($17.6M), Hong Kong ($2.13M), and France ($1.34M).

Latest Trends

Dec 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 (2023)$69.9M
IMPORTS (2023)$95.4M
NET TRADE (2023)-$25.5M

In 2023, Singapore exported $69.9M in Recreational Boats. The main destinations of Singapore exports on Recreational Boats were Greece ($23.5M), Australia ($13.8M), New Zealand ($7.46M), Italy ($6.39M), and Hong Kong ($3.11M).

In 2023, Singapore imported $95.4M in Recreational Boats, mainly from Australia ($29M), Italy ($23.5M), United Kingdom ($18.4M), France ($3.6M), and South Africa ($3.22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Greece$23.5M (37.9k%)
Australia$9.34M (209%)
New Zealand$7.4M (13.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Singapore WERE (2022 - 2023):
Hong Kong-$10.2M (-76.6%)
Turkey-$5.97M (-73.2%)
Bangladesh-$3.35M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Recreational Boats were:
In 2023, 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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