2022
Exports
$77.2MWorld Rnk 50 / 162
Flag Rnk 247 / 1198
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$783MWorld Rnk 6 / 217
Flag Rnk 68 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $77.2M in Raw Iron Bars, making it the 50th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 247th most exported product in Singapore. The main destination of Raw Iron Bars exports from Singapore are: Malaysia ($28.9M), New Zealand ($18.2M), Brunei ($11.6M), Indonesia ($9.81M), and Australia ($4.3M).

The fastest growing export markets for Raw Iron Bars of Singapore between 2021 and 2022 were Malaysia ($12.6M), New Zealand ($2.81M), and Indonesia ($1.8M).

Imports In 2022, Singapore imported $783M in Raw Iron Bars, becoming the 6th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 68th most imported product in Singapore. Singapore imports Raw Iron Bars primarily from: Malaysia ($262M), Oman ($159M), Vietnam ($125M), Turkey ($71M), and Qatar ($53.1M).

The fastest growing import markets in Raw Iron Bars for Singapore between 2021 and 2022 were Malaysia ($251M), Vietnam ($125M), and Qatar ($53.1M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Raw Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$77.2M
IMPORTS (2022)$783M
NET TRADE (2022)-$706M

In 2022, Singapore exported $77.2M in Raw Iron Bars. The main destinations of Singapore exports on Raw Iron Bars were Malaysia ($28.9M), New Zealand ($18.2M), Brunei ($11.6M), Indonesia ($9.81M), and Australia ($4.3M).

In 2022, Singapore imported $783M in Raw Iron Bars, mainly from Malaysia ($262M), Oman ($159M), Vietnam ($125M), Turkey ($71M), and Qatar ($53.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Malaysia$12.6M (77.7%)
New Zealand$2.81M (18.3%)
Indonesia$1.8M (22.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Singapore WERE (2021 - 2022):
Australia-$26.7M (-86.1%)
India-$12.7M (-96.2%)
Timor-Leste-$3.96M (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Singapore's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Singapore's main importing competitors in Raw Iron Bars were:

Explore Visualizations

Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $708k
TOP IMPORT POTENTIALChina+ $9.29M

Raw Iron Bars’s highest export potential is Hong Kong. With an export gap of $708k.   Raw Iron Bars’s highest import potential is China with an import gap of $9.29M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with