2023
Exports
$46.1MWorld Rnk 40 / 198
Flag Rnk 292 / 1202
2023
PRODUCT COMPLEXITY IN Stone Processing Machines
0.43Rnk 399 / 1025
2023
Imports
$59.1MWorld Rnk 79 / 224
Flag Rnk 409 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $46.1M in Stone Processing Machines, making it the 40th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 292nd most exported product in Singapore. The main destination of Stone Processing Machines exports from Singapore are: Indonesia ($8.92M), Zimbabwe ($7.93M), Malaysia ($5.04M), Philippines ($2.41M), and Australia ($2.15M).

The fastest growing export markets for Stone Processing Machines of Singapore between 2022 and 2023 were Zimbabwe ($7.93M), Indonesia ($5.74M), and Angola ($1.88M).

Imports In 2023, Singapore imported $59.1M in Stone Processing Machines, becoming the 79th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 409th most imported product in Singapore. Singapore imports Stone Processing Machines primarily from: China ($16M), Malaysia ($10M), United States ($5.55M), Italy ($5.22M), and Germany ($4.9M).

The fastest growing import markets in Stone Processing Machines for Singapore between 2022 and 2023 were France ($2.05M), Malaysia ($1.19M), and Netherlands ($733k).

COMPANIES In 2024, leading companies such as CITY Furniture (9), SIGMA Corp (8), and Adidas (7) were at the forefront of shipping Stone Processing Machines from Singapore to the United States.

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 Stone Processing Machines. 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)$46.1M
IMPORTS (2023)$59.1M
NET TRADE (2023)-$12.9M

In 2023, Singapore exported $46.1M in Stone Processing Machines. The main destinations of Singapore exports on Stone Processing Machines were Indonesia ($8.92M), Zimbabwe ($7.93M), Malaysia ($5.04M), Philippines ($2.41M), and Australia ($2.15M).

In 2023, Singapore imported $59.1M in Stone Processing Machines, mainly from China ($16M), Malaysia ($10M), United States ($5.55M), Italy ($5.22M), and Germany ($4.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Zimbabwe$7.93M (1%)
Indonesia$5.74M (180%)
Angola$1.88M (30.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Singapore WERE (2022 - 2023):
United States-$3.46M (-94.5%)
United Kingdom-$3.06M (-97.7%)
Poland-$1.76M (-99.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Stone Processing Machines were:
In 2023, Singapore's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.63M
TOP IMPORT POTENTIALChina+ $8.3M

Stone Processing Machines’s highest export potential is United States. With an export gap of $2.63M.   Stone Processing Machines’s highest import potential is China with an import gap of $8.3M.

See methodology.

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