2023
Exports
$858MWorld Rnk 11 / 213
Flag Rnk 46 / 1202
2023
PRODUCT COMPLEXITY IN Telephones
0.76Rnk 264 / 1025
2023
Imports
$1.71BWorld Rnk 10 / 222
Flag Rnk 30 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $858M in Telephones, making it the 11th largest exporter of Telephones in the world. At the same year, Telephones was the 46th most exported product in Singapore. The main destination of Telephones exports from Singapore are: Vietnam ($290M), South Korea ($165M), Hong Kong ($125M), China ($105M), and Indonesia ($74.8M).

The fastest growing export markets for Telephones of Singapore between 2022 and 2023 were Vietnam ($283M), South Korea ($150M), and Hong Kong ($54.4M).

Imports In 2023, Singapore imported $1.71B in Telephones, becoming the 10th largest importer of Telephones in the world. At the same year, Telephones was the 30th most imported product in Singapore. Singapore imports Telephones primarily from: China ($1.05B), Indonesia ($224M), Chinese Taipei ($94.5M), Malaysia ($70.5M), and Vietnam ($50.1M).

The fastest growing import markets in Telephones for Singapore between 2022 and 2023 were Indonesia ($88.5M), China ($85.8M), and Vietnam ($12.3M).

COMPANIES In 2024, leading companies such as HP Inc (74) were at the forefront of shipping Telephones 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 Telephones. 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)$858M
IMPORTS (2023)$1.71B
NET TRADE (2023)-$849M

In 2023, Singapore exported $858M in Telephones. The main destinations of Singapore exports on Telephones were Vietnam ($290M), South Korea ($165M), Hong Kong ($125M), China ($105M), and Indonesia ($74.8M).

In 2023, Singapore imported $1.71B in Telephones, mainly from China ($1.05B), Indonesia ($224M), Chinese Taipei ($94.5M), Malaysia ($70.5M), and Vietnam ($50.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
Vietnam$283M (4.26k%)
South Korea$150M (1.02k%)
Hong Kong$54.4M (77.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Singapore WERE (2022 - 2023):
China-$24.2M (-18.7%)
United States-$18.3M (-57.8%)
Japan-$9.27M (-65.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Telephones were:
In 2023, Singapore's main importing competitors in Telephones were:
India $10.3B
Vietnam $6.47B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $269M
TOP IMPORT POTENTIALChina+ $783M

Telephones’s highest export potential is United States. With an export gap of $269M.   Telephones’s highest import potential is China with an import gap of $783M.

See methodology.

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