Singapore | Imports and Exports | World | Stainless steel in ingots or other primary forms; semi-finished products of stainless steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7218 "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" from Singapore totalled $ 3.82 million in 2023. Sales of commodity group 7218 from Singapore decreased by 48% in value terms compared to 2022. exports of commodity group 7218 "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" decreased by $ 3.61 million (cumulative exports of commodity group 7218 from Singapore amounted $7.44 million in 2022)
Exports of commodity group 7218 amounted to 0.196% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $1.94 billion in 2023). The share of exports of commodity group 7218 in sales of commodity group from Singapore lowered by 0.116 p.p. compared to 2022 (it was 0.313% in 2022, and exports of commodity group from Singapore were $2.37 billion).
Where does Singapore export Stainless steel in ingots or other primary forms; semi-finished products of stainless steel?
Top export destinations of "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" from Singapore in 2023:
- Indonesia with a share of 64% (2.48 million US$)
- Malaysia with a share of 9.82% (375 thousand US$)
- Netherlands with a share of 9.74% (372 thousand US$)
- Thailand with a share of 5.79% (221 thousand US$)
- Norway with a share of 1.79% (68 thousand US$)
- USA with a share of 1.78% (68 thousand US$)
- India with a share of 1.15% (44 thousand US$)
- Australia - 28 thousand US$
- France - 27 thousand US$
- Switzerland - 23 thousand US$
Exports structure of 7218 - Stainless steel in ingots or other primary forms; semi-finished products of stainless steel - from Singapore in 2023 represented by the following main commodity groups:
- 96% (3.69 million US$): 721899 - Semi-finished products of stainless steel (excl. of 7218.91)
- 1.8% (68 thousand US$): 721891 - Stainless steel, of rect. (excl. square) cross-section
- 1.57% (60 thousand US$): 721810 - Stainless steel in ingots & other primary forms
The value of imports of commodity group 7218 "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" to Singapore totalled $ 6.31 million in 2023. Sales of commodity group 7218 to Singapore decreased by 14.5% in value terms compared to 2022. imports of commodity group 7218 "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" decreased by $ 1.07 million (the value of imports of commodity group 7218 to Singapore was equal to $7.38 million in 2022)
Imports of commodity group 7218 "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel" accounted for 0.001% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 7218 in total imports to Singapore decreased by 0 p.p. compared to 2022 (it was 0.001% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Imports of commodity group 7218 reached 0.217% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $2.89 billion in 2023). The share of purchases of commodity group 7218 in total imports of commodity group to Singapore increased by 0.006 p.p. compared to 2022 (it was 0.211% in 2022, and imports of commodity group to Singapore accounted for $3.48 billion).
Where does Singapore import Stainless steel in ingots or other primary forms; semi-finished products of stainless steel from?
Top trading partners (import of "Stainless steel in ingots or other primary forms; semi-finished products of stainless steel") of Singapore in 2023:
- China with a share of 30% (1.92 million US$)
- USA with a share of 29% (1.84 million US$)
- Other Asia, nes with a share of 19.8% (1.25 million US$)
- United Kingdom with a share of 9.03% (570 thousand US$)
- Malaysia with a share of 3.24% (204 thousand US$)
- France with a share of 2.12% (133 thousand US$)
- Sweden with a share of 1.96% (123 thousand US$)
- Japan with a share of 1.72% (109 thousand US$)
- Germany - 57 thousand US$
- Australia - 29 thousand US$
Imports structure of 7218 - Stainless steel in ingots or other primary forms; semi-finished products of stainless steel - to Singapore in 2023 represented by the following main commodity groups:
- 61% (3.89 million US$): 721899 - Semi-finished products of stainless steel (excl. of 7218.91)
- 33% (2.12 million US$): 721810 - Stainless steel in ingots & other primary forms
- 4.65% (293 thousand US$): 721891 - Stainless steel, of rect. (excl. square) cross-section
