The value of exports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" from Singapore totalled $ 17.4 billion in 2023. Sales of commodity group 8411 from Singapore went up by 14.3% compared to 2022: exports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" went up by $ 2.2 billion (cumulative exports of commodity group 8411 from Singapore amounted $15.2 billion in 2022)
Exports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" amounted to 3.68% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 8411 in total exports from Singapore increased by 0.71 p.p. compared to 2022 (it was 2.96% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Exports of commodity group 8411 amounted to 23% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $74 billion in 2023). The share of exports of commodity group 8411 in sales of commodity group from Singapore increased by 3.26 p.p. compared to 2022 (it was 20% in 2022, and exports of commodity group from Singapore were $75 billion).
Where does Singapore export Turbo-jets, turbo-propellers and other gas turbines?
Top export destinations of "Turbo-jets, turbo-propellers and other gas turbines" from Singapore in 2023:
- USA with a share of 21% (3.77 billion US$)
- Hong Kong with a share of 8.82% (1.54 billion US$)
- Malaysia with a share of 7.17% (1.25 billion US$)
- United Kingdom with a share of 6.7% (1.17 billion US$)
- Japan with a share of 6.6% (1.15 billion US$)
- China with a share of 6.42% (1.12 billion US$)
- India with a share of 4.63% (810 million US$)
- Brazil with a share of 3.46% (606 million US$)
- Other Asia, nes with a share of 2.78% (487 million US$)
- New Zealand with a share of 2.76% (483 million US$)
Exports structure of 8411 - Turbo-jets, turbo-propellers and other gas turbines - from Singapore in 2023 represented by the following main commodity groups:
- 42% (7.51 billion US$): 841191 - Parts of the turbo-jets/turbo-propellers of 8411.11-8411.22
- 40% (7.07 billion US$): 841112 - Turbo-jets, of a thrust >25 kN
- 9.79% (1.71 billion US$): 841199 - Parts of the other gas turbines of 8411.81 & 8411.82
- 2.6% (455 million US$): 841122 - Turbo-propellers, of a power >1,100kW
- 2.41% (423 million US$): 841181 - Gas turbines other than turbo-jets/turbo-propellers, of a power not >5000kW
- 1.35% (237 million US$): 841182 - Gas turbines other than turbo-jets/turbo-propellers, of a power >5000kW
- 0.352% (61 million US$): 841121 - Turbo-propellers, of a power not >1,100kW
- 0.057% (10 million US$): 841111 - Turbo-jets, of a thrust not >25kN
The value of imports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" to Singapore totalled $ 21 billion in 2023. Sales of commodity group 8411 to Singapore went up by 22% compared to 2022: imports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" went up by $ 3.95 billion (the value of imports of commodity group 8411 to Singapore was equal to $17.7 billion in 2022)
Imports of commodity group 8411 "Turbo-jets, turbo-propellers and other gas turbines" accounted for 5.13% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 8411 in total imports to Singapore increased by 1.4 p.p. compared to 2022 (it was 3.73% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Imports of commodity group 8411 reached 33% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $64 billion in 2023). The share of purchases of commodity group 8411 in total imports of commodity group to Singapore increased by 6.65 p.p. compared to 2022 (it was 27% in 2022, and imports of commodity group to Singapore accounted for $65 billion).
Where does Singapore import Turbo-jets, turbo-propellers and other gas turbines from?
Top trading partners (import of "Turbo-jets, turbo-propellers and other gas turbines") of Singapore in 2023:
- USA with a share of 55% (12 billion US$)
- United Kingdom with a share of 18.5% (4.03 billion US$)
- France with a share of 6.49% (1.4 billion US$)
- Canada with a share of 4.49% (975 million US$)
- Germany with a share of 3.07% (667 million US$)
- Japan with a share of 1.95% (423 million US$)
- China with a share of 1.32% (288 million US$)
- Spain - 178 million US$
- India - 161 million US$
- Mexico - 157 million US$
Imports structure of 8411 - Turbo-jets, turbo-propellers and other gas turbines - to Singapore in 2023 represented by the following main commodity groups:
- 50% (10.8 billion US$): 841191 - Parts of the turbo-jets/turbo-propellers of 8411.11-8411.22
- 36% (7.94 billion US$): 841112 - Turbo-jets, of a thrust >25 kN
- 8.14% (1.76 billion US$): 841199 - Parts of the other gas turbines of 8411.81 & 8411.82
- 1.97% (428 million US$): 841182 - Gas turbines other than turbo-jets/turbo-propellers, of a power >5000kW
- 1.43% (310 million US$): 841181 - Gas turbines other than turbo-jets/turbo-propellers, of a power not >5000kW
- 1.38% (301 million US$): 841122 - Turbo-propellers, of a power >1,100kW
- 0.287% (62 million US$): 841121 - Turbo-propellers, of a power not >1,100kW
- 0.106% (23 million US$): 841111 - Turbo-jets, of a thrust not >25kN