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Singapore | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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Commodity	Reporter	Partner	Trade flow	Indicator	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
8703. Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars	Singapore	World	Exports	Value (US$)	334,221,385.00	338,291,939.23	333,966,408.29	259,727,541.56	279,196,372.42	245,578,681.28	336,175,045.36	375,466,105.42	400,676,635.70	321,355,834.43	307,123,151.28	392,135,475.01
			Exports	Value Growth, YoY (%)	14.48	1.21	-1.27	-22.22	7.49	-12.04	36.89	11.68	6.71	-19.79	-4.42	27.68
			Imports	Value (US$)	1,248,535,025.00	1,158,716,520.39	1,356,580,518.08	1,558,259,381.90	2,074,638,621.54	1,749,713,126.76	2,017,634,449.88	2,038,103,272.16	1,121,111,162.16	1,442,318,288.45	1,099,107,812.59	1,011,347,262.50
			Imports	Value Growth, YoY (%)	-0.65	-7.19	17.07	14.86	33.13	-15.66	15.31	1.01	-44.99	28.65	-23.79	-7.98

The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Singapore totalled $ 392 million in 2023. Sales of commodity group 8703 from Singapore went up by 27% compared to 2022: exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 85 million (cumulative exports of commodity group 8703 from Singapore amounted $307 million in 2022)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 0.082% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 475 billion in 2023). The share of commodity group 8703 in total exports from Singapore increased by 0.022 p.p. compared to 2022 (it was 0.059% in 2022 and cumulative exports from Singapore were equal to $ 514 billion).

Exports of commodity group 8703 amounted to 12.1% of total sales of group "" from Singapore in 2023 (the value of exports of commodity group from Singapore amounted to $3.23 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from Singapore increased by 3.8 p.p. compared to 2022 (it was 8.31% in 2022, and exports of commodity group from Singapore were $3.69 billion).

Exports | Singapore | 8703

Export destinations of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from Singapore

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Where does Singapore export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Singapore in 2023:

Indonesia with a share of 22% (89 million US$)
Brunei with a share of 16.1% (63 million US$)
Malaysia with a share of 11% (43 million US$)
Vietnam with a share of 8.61% (33 million US$)
Cambodia with a share of 5.87% (23 million US$)
Tanzania with a share of 5.71% (22 million US$)
Philippines with a share of 4.81% (18.8 million US$)
Thailand with a share of 4.37% (17.1 million US$)
United Kingdom with a share of 3.81% (14.9 million US$)
USA with a share of 1.72% (6.76 million US$)

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Singapore in 2023 represented by the following main commodity groups:

27% (107 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
18.5% (72 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
7.14% (28 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
3.59% (14 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
0.595% (2.33 million US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
0.315% (1.23 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
0.21% (823 thousand US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
0.121% (476 thousand US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
0.001% (5.23 thousand US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Singapore totalled $ 1.01 billion in 2023. Sales of commodity group 8703 to Singapore decreased by 7.98% in value terms compared to 2022. imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" decreased by $ 87 million (the value of imports of commodity group 8703 to Singapore was equal to $1.09 billion in 2022)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 0.239% of total import flow to Singapore (in 2023, total imports to Singapore amounted to $ 422 billion). The share of commodity group 8703 in total imports to Singapore increased by 0.008 p.p. compared to 2022 (it was 0.231% in 2022 and cumulative imports to Singapore were equal to $ 475 billion).

Imports of commodity group 8703 reached 23% of total imports of group "" to Singapore in 2023 (imports of commodity group to Singapore totalled $4.38 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Singapore increased by 0.572 p.p. compared to 2022 (it was 22% in 2022, and imports of commodity group to Singapore accounted for $4.89 billion).

Imports | Singapore | 8703

Sources of imports of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars for Singapore