Singapore | Imports and Exports | World | Rubber and articles thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 40 "Rubber and articles thereof" from Singapore totalled $ 1.77 billion in 2023. Sales of commodity group 40 from Singapore decreased by 11.7% in value terms compared to 2022. exports of commodity group 40 "Rubber and articles thereof" decreased by $ 235 million (cumulative exports of commodity group 40 from Singapore amounted $2.01 billion in 2022)
Exports of commodity group 40 "Rubber and articles thereof" amounted to 0.374% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 40 in total exports from Singapore decreased by 0.017 p.p. compared to 2022 (it was 0.391% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Where does Singapore export Rubber and articles thereof?
Top export destinations of "Rubber and articles thereof" from Singapore in 2023:
- China with a share of 18.5% (329 million US$)
- Indonesia with a share of 11.5% (205 million US$)
- India with a share of 9.55% (169 million US$)
- Thailand with a share of 7.93% (141 million US$)
- Malaysia with a share of 6.94% (123 million US$)
- USA with a share of 5.24% (93 million US$)
- Japan with a share of 5.11% (90 million US$)
- Korea with a share of 4.08% (72 million US$)
- Other Asia, nes with a share of 2.67% (47 million US$)
- Netherlands with a share of 2.49% (44 million US$)
Exports structure of 40 - Rubber and articles thereof - from Singapore in 2023 represented by the following main commodity groups:
- 43% (770 million US$): 4002 - Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 40.01 with any product of this heading, in primary forms or in plates, sheets or strip
- 26% (468 million US$): 4016 - Other articles of vulcanised rubber other than hard rubber
- 9.86% (175 million US$): 4011 - New pneumatic tyres, of rubber
- 6.1% (108 million US$): 4009 - Tubes, pipes and hoses, of vulcanised rubber other than hard rubber, with or without their fittings (for example, joints, elbows, flanges)
- 4.44% (79 million US$): 4010 - Conveyor or transmission belts or belting, of vulcanised rubber
- 4.41% (78 million US$): 4001 - Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip
- 1.76% (31 million US$): 4017 - Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber
- 1.5% (26 million US$): 4005 - Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
- 0.919% (16.3 million US$): 4015 - Articles of apparel and clothing accessories (including gloves, mittens and mitts), for all purposes, of vulcanised rubber other than hard rubber
- 0.396% (7.05 million US$): 4012 - Retreaded or used pneumatic tyres of rubber; solid or cushion tyres, tyre treads and tyre flaps, of rubber
The value of imports of commodity group 40 "Rubber and articles thereof" to Singapore totalled $ 1.08 billion in 2023. Sales of commodity group 40 to Singapore decreased by 13.9% in value terms compared to 2022. imports of commodity group 40 "Rubber and articles thereof" decreased by $ 174 million (the value of imports of commodity group 40 to Singapore was equal to $1.25 billion in 2022)
Imports of commodity group 40 "Rubber and articles thereof" accounted for 0.256% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 40 in total imports to Singapore decreased by 0.008 p.p. compared to 2022 (it was 0.264% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Where does Singapore import Rubber and articles thereof from?
Top trading partners (import of "Rubber and articles thereof") of Singapore in 2023:
- USA with a share of 17.2% (187 million US$)
- China with a share of 13.5% (146 million US$)
- Malaysia with a share of 11.7% (127 million US$)
- Japan with a share of 9.79% (105 million US$)
- Indonesia with a share of 7.14% (77 million US$)
- Thailand with a share of 5.38% (58 million US$)
- Germany with a share of 4.07% (44 million US$)
- India with a share of 2.97% (32 million US$)
- United Kingdom with a share of 2.94% (31 million US$)
- Korea with a share of 2.84% (30 million US$)
Imports structure of 40 - Rubber and articles thereof - to Singapore in 2023 represented by the following main commodity groups:
- 31% (338 million US$): 4016 - Other articles of vulcanised rubber other than hard rubber
- 25% (281 million US$): 4011 - New pneumatic tyres, of rubber
- 11.3% (122 million US$): 4002 - Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 40.01 with any product of this heading, in primary forms or in plates, sheets or strip
- 9.32% (100 million US$): 4009 - Tubes, pipes and hoses, of vulcanised rubber other than hard rubber, with or without their fittings (for example, joints, elbows, flanges)
- 7.45% (80 million US$): 4001 - Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip
- 4.86% (52 million US$): 4010 - Conveyor or transmission belts or belting, of vulcanised rubber
- 2.92% (31 million US$): 4015 - Articles of apparel and clothing accessories (including gloves, mittens and mitts), for all purposes, of vulcanised rubber other than hard rubber
- 1.6% (17.3 million US$): 4008 - Plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber
- 1.51% (16.3 million US$): 4005 - Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
- 1.36% (14.8 million US$): 4012 - Retreaded or used pneumatic tyres of rubber; solid or cushion tyres, tyre treads and tyre flaps, of rubber
