2022
Exports
$26.4MWorld Rnk 45 / 170
Flag Rnk 21 / 21
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$26MWorld Rnk 67 / 206
Flag Rnk 21 / 21
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $26.4M in Weapons, making it the 45th largest exporter of Weapons in the world. At the same year, Weapons was the 21st most exported product in Singapore. The main destination of Weapons exports from Singapore are: Philippines ($8.48M), Malawi ($3.71M), Nigeria ($3.57M), Canada ($2.39M), and Indonesia ($2.34M).

The fastest growing export markets for Weapons of Singapore between 2021 and 2022 were Philippines ($8.46M), Malawi ($3.71M), and Nigeria ($3.57M).

Imports In 2022, Singapore imported $26M in Weapons, becoming the 67th largest importer of Weapons in the world. At the same year, Weapons was the 21st most imported product in Singapore. Singapore imports Weapons primarily from: United States ($13M), Norway ($1.54M), Brazil ($1.42M), Slovakia ($1.38M), and Spain ($1.3M).

The fastest growing import markets in Weapons for Singapore between 2021 and 2022 were United States ($6.85M), Norway ($1.54M), and Slovakia ($1.38M).

COMPANIES In 2023, leading companies such as HP Inc (1) and Cloud Network Technology (1) were at the forefront of shipping Weapons from Singapore to the United States.

Latest Trends

Jul 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 Weapons. 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)$26.4M
IMPORTS (2022)$26M
NET TRADE (2022)$379k

In 2022, Singapore exported $26.4M in Weapons. The main destinations of Singapore exports on Weapons were Philippines ($8.48M), Malawi ($3.71M), Nigeria ($3.57M), Canada ($2.39M), and Indonesia ($2.34M).

In 2022, Singapore imported $26M in Weapons, mainly from United States ($13M), Norway ($1.54M), Brazil ($1.42M), Slovakia ($1.38M), and Spain ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Philippines$8.46M (52.7k%)
Malawi$3.71M (1%)
Nigeria$3.57M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Singapore WERE (2021 - 2022):
Indonesia-$2.46M (-51.2%)
Thailand-$1.15M (-37.6%)
Australia-$147k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALSouth Korea+ $466k

Weapons’s highest export potential is United States. With an export gap of $1.01M.   Weapons’s highest import potential is South Korea with an import gap of $466k.

See methodology.

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