2022
Exports
$23.4MWorld Rnk 30 / 144
Flag Rnk 434 / 1198
2022
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.68Rnk 282 / 1025
2022
Imports
$8.33MWorld Rnk 65 / 205
Flag Rnk 816 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $23.4M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 30th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 434th most exported product in Singapore. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Singapore are: India ($12.5M), Australia ($5.16M), New Zealand ($3.39M), Zambia ($733k), and Kenya ($496k).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Singapore between 2021 and 2022 were India ($7.39M), Australia ($4.04M), and New Zealand ($3.37M).

Imports In 2022, Singapore imported $8.33M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 65th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 816th most imported product in Singapore. Singapore imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Indonesia ($2.27M), China ($1.87M), Malaysia ($1.35M), Italy ($1.3M), and United Kingdom ($305k).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Singapore between 2021 and 2022 were China ($841k), Indonesia ($552k), and Italy ($176k).

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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). 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)$23.4M
IMPORTS (2022)$8.33M
NET TRADE (2022)$15.1M

In 2022, Singapore exported $23.4M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Singapore exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were India ($12.5M), Australia ($5.16M), New Zealand ($3.39M), Zambia ($733k), and Kenya ($496k).

In 2022, Singapore imported $8.33M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Indonesia ($2.27M), China ($1.87M), Malaysia ($1.35M), Italy ($1.3M), and United Kingdom ($305k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$7.39M (145%)
Australia$4.04M (361%)
New Zealand$3.37M (13.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Singapore WERE (2021 - 2022):
Indonesia-$2.37M (-95.1%)
Papua New Guinea-$464k (-61.2%)
South Africa-$370k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
In 2022, Singapore's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALMalaysia+ $524k
TOP IMPORT POTENTIALChina+ $1.09M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is Malaysia. With an export gap of $524k.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $1.09M.

See methodology.

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