2022
Exports
$152MWorld Rnk 40 / 203
Flag Rnk 187 / 1198
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$232MWorld Rnk 64 / 225
Flag Rnk 186 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $152M in Rubber Tires, making it the 40th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 187th most exported product in Singapore. The main destination of Rubber Tires exports from Singapore are: Malaysia ($30.5M), Netherlands ($25.5M), Oman ($14.8M), China ($13.8M), and Australia ($8.03M).

The fastest growing export markets for Rubber Tires of Singapore between 2021 and 2022 were Malaysia ($15.8M), China ($7.17M), and Australia ($3.73M).

Imports In 2022, Singapore imported $232M in Rubber Tires, becoming the 64th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 186th most imported product in Singapore. Singapore imports Rubber Tires primarily from: China ($53M), Japan ($42.1M), Thailand ($30.1M), United States ($19M), and Germany ($12.3M).

The fastest growing import markets in Rubber Tires for Singapore between 2021 and 2022 were United States ($5.45M), Brazil ($5.06M), and Spain ($2.94M).

COMPANIES In 2023, leading companies such as Yokohama Industries (47), American Omni Trading Company (17), and Sumitomo Rubber (9) were at the forefront of shipping Rubber Tires from Singapore to the United States.

Latest Trends

Nov 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 Rubber Tires. 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)$152M
IMPORTS (2022)$232M
NET TRADE (2022)-$80.1M

In 2022, Singapore exported $152M in Rubber Tires. The main destinations of Singapore exports on Rubber Tires were Malaysia ($30.5M), Netherlands ($25.5M), Oman ($14.8M), China ($13.8M), and Australia ($8.03M).

In 2022, Singapore imported $232M in Rubber Tires, mainly from China ($53M), Japan ($42.1M), Thailand ($30.1M), United States ($19M), and Germany ($12.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$15.8M (107%)
China$7.17M (108%)
Australia$3.73M (86.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Singapore WERE (2021 - 2022):
Germany-$18.3M (-89.6%)
Indonesia-$9.32M (-61.5%)
Hong Kong-$6.34M (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.24M
TOP IMPORT POTENTIALChina+ $32.2M

Rubber Tires’s highest export potential is China. With an export gap of $5.24M.   Rubber Tires’s highest import potential is China with an import gap of $32.2M.

See methodology.

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