Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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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 (%) | 2011 - 2022

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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 carsSingaporeWorldExportsValue (US$)291,934,784.00334,221,385.00338,291,939.23333,966,408.29259,727,541.56279,196,372.42245,578,681.28336,175,045.36375,466,105.42400,676,635.70321,355,834.43307,123,151.28
Value Growth, YoY (%)19.6114.481.21-1.27-22.227.49-12.0436.8911.686.71-19.79-4.42
ImportsValue (US$)1,256,814,621.001,248,535,025.001,158,716,520.391,356,580,518.081,558,259,381.902,074,638,621.541,749,713,126.762,017,634,449.882,038,103,272.161,121,111,162.161,442,318,288.451,099,107,812.59
Value Growth, YoY (%)4.96-0.65-7.1917.0714.8633.13-15.6615.311.01-44.9928.65-23.79

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 $ 307 million in 2022. Sales of commodity group 8703 from Singapore decreased by 4.42% in value terms compared to 2021. 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" decreased by $ 14.2 million (cumulative exports of commodity group 8703 from Singapore amounted $321 million in 2021)

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 0.059% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 514 billion in 2022). The share of commodity group 8703 in total exports from Singapore decreased by 0.01 p.p. compared to 2021 (it was 0.07% in 2021 and cumulative exports from Singapore were equal to $ 457 billion).

Exports of commodity group 8703 amounted to 8.31% of total sales of group "" from Singapore in 2022 (the value of exports of commodity group from Singapore amounted to $3.69 billion in 2022). The share of exports of commodity group 8703 in sales of commodity group from Singapore lowered by 1.01 p.p. compared to 2021 (it was 9.32% in 2021, and exports of commodity group from Singapore were $3.44 billion).

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 2022:

  • Indonesia with a share of 21% (65 million US$)
  • Malaysia with a share of 11.9% (36 million US$)
  • Brunei with a share of 10.6% (32 million US$)
  • Tanzania with a share of 7.4% (22 million US$)
  • Cambodia with a share of 7.32% (22 million US$)
  • Australia with a share of 4.03% (12.3 million US$)
  • United Arab Emirates with a share of 3.85% (11.8 million US$)
  • New Zealand with a share of 3.41% (10.4 million US$)
  • United Kingdom with a share of 3.24% (9.96 million US$)
  • Thailand with a share of 2.9% (8.91 million US$)

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 2022 represented by the following main commodity groups:

  • 42% (132 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
  • 27% (83 million US$): 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
  • 10% (30 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
  • 2.39% (7.35 million US$): 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
  • 0.843% (2.59 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
  • 0.456% (1.4 million US$): 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
  • 0.212% (652 thousand US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.19% (583 thousand US$): 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

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 $ 1.09 billion in 2022. Sales of commodity group 8703 to Singapore decreased by 23% in value terms compared to 2021. 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 $ 343 million (the value of imports of commodity group 8703 to Singapore was equal to $1.44 billion in 2021)

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 0.231% of total import flow to Singapore (in 2022, total imports to Singapore amounted to $ 475 billion). The share of commodity group 8703 in total imports to Singapore decreased by 0.123 p.p. compared to 2021 (it was 0.354% in 2021 and cumulative imports to Singapore were equal to $ 406 billion).

Imports of commodity group 8703 reached 22% of total imports of group "" to Singapore in 2022 (imports of commodity group to Singapore totalled $4.89 billion in 2022). The share of purchases of commodity group 8703 in imports of commodity group to Singapore went down by 9.04 p.p. compared to 2021 (it was 31% in 2021, and imports of commodity group to Singapore accounted for $4.57 billion).

Where does Singapore import 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?

Top trading partners (import 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") of Singapore in 2022:

  • Germany with a share of 30% (337 million US$)
  • Japan with a share of 17.7% (194 million US$)
  • United Kingdom with a share of 11.3% (124 million US$)
  • Italy with a share of 7.86% (86 million US$)
  • China with a share of 7% (76 million US$)
  • Mexico with a share of 4.25% (46 million US$)
  • Korea with a share of 4.01% (44 million US$)
  • USA with a share of 3.64% (40 million US$)
  • South Africa with a share of 3.18% (35 million US$)
  • Hungary with a share of 1.98% (21 million US$)

Imports 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 - to Singapore in 2022 represented by the following main commodity groups:

  • 22% (246 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
  • 21% (238 million US$): 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
  • 13% (143 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
  • 1.63% (17.9 million US$): 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
  • 0.917% (10 million US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
  • 0.766% (8.42 million US$): 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
  • 0.285% (3.13 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.135% (1.48 million US$): 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

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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 (%) | 2011 - 2022