The value of exports of commodity group 8542 "Electronic integrated circuits and microassemblies" from Singapore totalled $ 104 billion in 2023. Sales of commodity group 8542 from Singapore decreased by 14.3% in value terms compared to 2022. exports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 17.5 billion (cumulative exports of commodity group 8542 from Singapore amounted $121 billion in 2022)
Exports of commodity group 8542 "Electronic integrated circuits and microassemblies" amounted to 21% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 8542 in total exports from Singapore decreased by 1.71 p.p. compared to 2022 (it was 23% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).
Exports of commodity group 8542 amounted to 64% 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 8542 in sales of commodity group from Singapore lowered by 2.81 p.p. compared to 2022 (it was 67% in 2022, and exports of commodity group from Singapore were $180 billion).
Top export destinations of "Electronic integrated circuits and microassemblies" from Singapore in 2023:
The value of imports of commodity group 8542 "Electronic integrated circuits and microassemblies" to Singapore totalled $ 87 billion in 2023. Sales of commodity group 8542 to Singapore decreased by 18.7% in value terms compared to 2022. imports of commodity group 8542 "Electronic integrated circuits and microassemblies" decreased by $ 20 billion (the value of imports of commodity group 8542 to Singapore was equal to $107 billion in 2022)
Imports of commodity group 8542 "Electronic integrated circuits and microassemblies" accounted for 20% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 8542 in total imports to Singapore decreased by 1.95 p.p. compared to 2022 (it was 22% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).
Imports of commodity group 8542 reached 66% 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 8542 in imports of commodity group to Singapore went down by 3.01 p.p. compared to 2022 (it was 69% in 2022, and imports of commodity group to Singapore accounted for $154 billion).
Top trading partners (import of "Electronic integrated circuits and microassemblies") of Singapore in 2023: