2022
Exports
$1.49BWorld Rnk 3 / 183
Flag Rnk 35 / 1198
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$381MWorld Rnk 10 / 221
Flag Rnk 127 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.49B in Therapeutic Appliances, making it the 3rd largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 35th most exported product in Singapore. The main destination of Therapeutic Appliances exports from Singapore are: United States ($1.01B), Netherlands ($240M), Australia ($43.6M), United Kingdom ($22.3M), and Indonesia ($19.8M).

The fastest growing export markets for Therapeutic Appliances of Singapore between 2021 and 2022 were United States ($111M), United Kingdom ($21.7M), and Netherlands ($14.2M).

Imports In 2022, Singapore imported $381M in Therapeutic Appliances, becoming the 10th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 127th most imported product in Singapore. Singapore imports Therapeutic Appliances primarily from: China ($197M), Malaysia ($91.1M), United States ($18.6M), Ireland ($15.7M), and Indonesia ($15.6M).

The fastest growing import markets in Therapeutic Appliances for Singapore between 2021 and 2022 were China ($57.5M), Malaysia ($21.6M), and Australia ($6.93M).

Latest Trends

Aug 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 Therapeutic Appliances. 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)$1.49B
IMPORTS (2022)$381M
NET TRADE (2022)$1.11B

In 2022, Singapore exported $1.49B in Therapeutic Appliances. The main destinations of Singapore exports on Therapeutic Appliances were United States ($1.01B), Netherlands ($240M), Australia ($43.6M), United Kingdom ($22.3M), and Indonesia ($19.8M).

In 2022, Singapore imported $381M in Therapeutic Appliances, mainly from China ($197M), Malaysia ($91.1M), United States ($18.6M), Ireland ($15.7M), and Indonesia ($15.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
United States$111M (12.3%)
United Kingdom$21.7M (3.93k%)
Netherlands$14.2M (6.31%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Singapore WERE (2021 - 2022):
India-$25.4M (-78.7%)
Germany-$13.5M (-48.9%)
China-$5.38M (-52.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Therapeutic Appliances were:
In 2022, Singapore's main importing competitors in Therapeutic Appliances were:

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $9.36M
TOP IMPORT POTENTIALChina+ $8.11M

Therapeutic Appliances’s highest export potential is Germany. With an export gap of $9.36M.   Therapeutic Appliances’s highest import potential is China with an import gap of $8.11M.

See methodology.

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