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Singapore | Imports and Exports | World | Electrical transformers, static converters | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" from Singapore totalled $ 2.19 billion in 2023. Sales of commodity group 8504 from Singapore went up by 11.5% compared to 2022: exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 227 million (cumulative exports of commodity group 8504 from Singapore amounted $1.96 billion in 2022)

Exports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" amounted to 0.461% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 8504 in total exports from Singapore increased by 0.079 p.p. compared to 2022 (it was 0.381% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 8504 amounted to 1.35% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $161 billion in 2023). The share of exports of commodity group 8504 in sales of commodity group from Singapore increased by 0.27 p.p. compared to 2022 (it was 1.08% in 2022, and exports of commodity group from Singapore were $180 billion).

Exports | Singapore | 8504

Export destinations of 8504 Electrical transformers, static converters (for example, rectifiers) and inductors from Singapore

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Where does Singapore export Electrical transformers, static converters (for example, rectifiers) and inductors?

Top export destinations of "Electrical transformers, static converters (for example, rectifiers) and inductors" from Singapore in 2023:

USA with a share of 13.1% (287 million US$)
Malaysia with a share of 12.2% (268 million US$)
Indonesia with a share of 9.86% (216 million US$)
China with a share of 7.28% (159 million US$)
Japan with a share of 7.15% (157 million US$)
Hong Kong with a share of 6.48% (142 million US$)
Thailand with a share of 5.77% (126 million US$)
India with a share of 5.53% (121 million US$)
Netherlands with a share of 4.41% (96 million US$)
Vietnam with a share of 3.96% (86 million US$)

Exports structure of 8504 - Electrical transformers, static converters (for example, rectifiers) and inductors - from Singapore in 2023 represented by the following main commodity groups:

63% (1.39 billion US$): 850440 - Static converters
22% (499 million US$): 850450 - Inductors, n.e.s. (excl. for cathode ray tubes)
10.1% (222 million US$): 850490 - Parts of the machines of 85.04
2.33% (51 million US$): 850431 - Electrical transformers (excl. dielectric) having a power handling cap. not >1kVA
0.262% (5.76 million US$): 850433 - Electrical transformers (excl. dielectric) having a power handling cap. >16 kVA but not >500kVA
0.253% (5.55 million US$): 850434 - Electrical transformers (excl. dielectric) having a power handling cap. >500kVA
0.218% (4.79 million US$): 850421 - Liquid dielectric transformers having a power handling cap. not >650kVA
0.212% (4.65 million US$): 850432 - Electrical transformers (excl. dielectric) having a power handling cap. >1kVA but not >16kVA
0.197% (4.33 million US$): 850410 - Ballasts for discharge lamps/tubes
0.132% (2.91 million US$): 850422 - Liquid dielectric transformers having a power handling cap. >650kVA but not >10000kVA

The value of imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" to Singapore totalled $ 2.42 billion in 2023. Sales of commodity group 8504 to Singapore went up by 9.63% compared to 2022: imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" went up by $ 213 million (the value of imports of commodity group 8504 to Singapore was equal to $2.21 billion in 2022)

Imports of commodity group 8504 "Electrical transformers, static converters (for example, rectifiers) and inductors" accounted for 0.574% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 8504 in total imports to Singapore increased by 0.108 p.p. compared to 2022 (it was 0.465% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 8504 reached 1.84% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $131 billion in 2023). The share of purchases of commodity group 8504 in total imports of commodity group to Singapore increased by 0.417 p.p. compared to 2022 (it was 1.43% in 2022, and imports of commodity group to Singapore accounted for $154 billion).

Imports | Singapore | 8504

Sources of imports of 8504 Electrical transformers, static converters (for example, rectifiers) and inductors for Singapore