Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Singapore | Imports and Exports | World | Gold unwrought or in semi-manufactured forms, or in powder form | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" from Singapore totalled $ 12.5 billion in 2023. Sales of commodity group 7108 from Singapore decreased by 19% in value terms compared to 2022. exports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" decreased by $ 2.96 billion (cumulative exports of commodity group 7108 from Singapore amounted $15.5 billion in 2022)

Exports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" amounted to 2.64% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 7108 in total exports from Singapore decreased by 0.371 p.p. compared to 2022 (it was 3.01% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 7108 amounted to 66% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $18.7 billion in 2023). The share of exports of commodity group 7108 in sales of commodity group from Singapore lowered by 1.58 p.p. compared to 2022 (it was 68% in 2022, and exports of commodity group from Singapore were $22 billion).

Where does Singapore export Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form?

Top export destinations of "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" from Singapore in 2023:

  • China with a share of 37% (4.76 billion US$)
  • Malaysia with a share of 13.1% (1.65 billion US$)
  • Hong Kong with a share of 11% (1.38 billion US$)
  • Thailand with a share of 9.33% (1.17 billion US$)
  • Indonesia with a share of 7.28% (915 million US$)
  • Cambodia with a share of 6.71% (843 million US$)
  • India with a share of 5.38% (676 million US$)
  • Switzerland with a share of 2.58% (325 million US$)
  • Other Asia, nes with a share of 1.74% (218 million US$)
  • Bangladesh with a share of 1.28% (160 million US$)

Exports structure of 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form - from Singapore in 2023 represented by the following main commodity groups:

  • 91% (11.4 billion US$): 710813 - Gold (incl. gold plated with platinum), non-monetary, in semi-manufactured forms
  • 8.15% (1.02 billion US$): 710812 - Gold (incl. gold plated with platinum), in unwrought forms (excl. powder)
  • 0.435% (54 million US$): 710811 - Gold (incl. gold plated with platinum), non-monetary, in powder form

The value of imports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" to Singapore totalled $ 12.5 billion in 2023. Sales of commodity group 7108 to Singapore decreased by 29% in value terms compared to 2022. imports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" decreased by $ 5.16 billion (the value of imports of commodity group 7108 to Singapore was equal to $17.7 billion in 2022)

Imports of commodity group 7108 "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form" accounted for 2.97% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 7108 in total imports to Singapore decreased by 0.754 p.p. compared to 2022 (it was 3.72% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 7108 reached 60% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $20 billion in 2023). The share of purchases of commodity group 7108 in imports of commodity group to Singapore went down by 6.52 p.p. compared to 2022 (it was 66% in 2022, and imports of commodity group to Singapore accounted for $26 billion).

Where does Singapore import Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form from?

Top trading partners (import of "Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form") of Singapore in 2023:

  • Switzerland with a share of 29% (3.68 billion US$)
  • Japan with a share of 16.2% (2.04 billion US$)
  • Australia with a share of 14.8% (1.86 billion US$)
  • Thailand with a share of 7.97% (1 billion US$)
  • United Arab Emirates with a share of 6.06% (762 million US$)
  • Cambodia with a share of 5.93% (745 million US$)
  • Hong Kong with a share of 4.45% (559 million US$)
  • Indonesia with a share of 4.06% (510 million US$)
  • Korea with a share of 3.45% (434 million US$)
  • Malaysia with a share of 2.99% (375 million US$)

Imports structure of 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form - to Singapore in 2023 represented by the following main commodity groups:

  • 85% (10.7 billion US$): 710813 - Gold (incl. gold plated with platinum), non-monetary, in semi-manufactured forms
  • 13.9% (1.75 billion US$): 710812 - Gold (incl. gold plated with platinum), in unwrought forms (excl. powder)
  • 0.452% (56 million US$): 710811 - Gold (incl. gold plated with platinum), non-monetary, in powder form

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Singapore | Imports and Exports | World | Gold unwrought or in semi-manufactured forms, or in powder form | Value (US$) and Value Growth, YoY (%) | 2012 - 2023