Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Singapore | Imports and Exports | World | Aircraft, spacecraft, and parts thereof | Value (US$) and Value Growth, YoY (%) | 2011 - 2022

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88. Aircraft, spacecraft, and parts thereofSingaporeWorldExportsValue (US$)5,297,030,219.005,985,580,229.006,578,869,880.685,847,543,516.396,434,912,414.846,688,006,964.516,608,211,870.657,381,295,587.607,956,573,096.335,505,934,542.444,194,713,143.125,053,557,563.26
Value Growth, YoY (%)14.5212.999.91-11.1110.043.93-1.1911.697.79-30.80-23.8120.47
ImportsValue (US$)6,138,969,086.005,557,528,256.005,724,066,082.096,084,801,278.887,652,172,184.776,722,216,928.107,995,595,198.8711,765,818,685.0611,890,622,380.456,503,538,818.534,987,946,531.517,247,450,593.19
Value Growth, YoY (%)11.62-9.472.996.3025.75-12.1518.9447.151.06-45.30-23.3045.29

The value of exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Singapore totalled $ 5.05 billion in 2022. Sales of commodity group 88 from Singapore went up by 20% compared to 2021: exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 858 million (cumulative exports of commodity group 88 from Singapore amounted $4.19 billion in 2021)

Exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" amounted to 0.981% of total exports from Singapore (cumulative merchandise exports from Singapore totalled $ 514 billion in 2022). The share of commodity group 88 in total exports from Singapore increased by 0.063 p.p. compared to 2021 (it was 0.917% in 2021 and cumulative exports from Singapore were equal to $ 457 billion).

Where does Singapore export Aircraft, spacecraft, and parts thereof?

Top export destinations of "Aircraft, spacecraft, and parts thereof" from Singapore in 2022:

  • USA with a share of 14.2% (720 million US$)
  • Australia with a share of 10.9% (554 million US$)
  • China with a share of 8.76% (443 million US$)
  • Japan with a share of 7.82% (395 million US$)
  • France with a share of 7.52% (380 million US$)
  • Malaysia with a share of 6.32% (319 million US$)
  • Korea with a share of 4.76% (240 million US$)
  • Hong Kong with a share of 4.49% (227 million US$)
  • United Kingdom with a share of 3.73% (188 million US$)
  • India with a share of 3.1% (156 million US$)

Exports structure of 88 - Aircraft, spacecraft, and parts thereof - from Singapore in 2022 represented by the following main commodity groups:

  • 10.8% (546 million US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 0.252% (12.7 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
  • 0.026% (1.36 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
  • 0.008% (437 thousand US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft

The value of imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to Singapore totalled $ 7.24 billion in 2022. Sales of commodity group 88 to Singapore went up by 45% compared to 2021: imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 2.25 billion (the value of imports of commodity group 88 to Singapore was equal to $4.98 billion in 2021)

Imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" accounted for 1.52% of total import flow to Singapore (in 2022, total imports to Singapore amounted to $ 475 billion). The share of commodity group 88 in total imports to Singapore increased by 0.296 p.p. compared to 2021 (it was 1.22% in 2021 and cumulative imports to Singapore were equal to $ 406 billion).

Where does Singapore import Aircraft, spacecraft, and parts thereof from?

Top trading partners (import of "Aircraft, spacecraft, and parts thereof") of Singapore in 2022:

  • USA with a share of 60% (4.39 billion US$)
  • France with a share of 18.4% (1.34 billion US$)
  • Germany with a share of 5.44% (394 million US$)
  • United Kingdom with a share of 3.34% (242 million US$)
  • Canada with a share of 1.54% (111 million US$)
  • China with a share of 1.45% (105 million US$)
  • Japan with a share of 1.41% (102 million US$)
  • Australia with a share of 1.3% (94 million US$)
  • Italy - 67 million US$
  • Malaysia - 56 million US$

Imports structure of 88 - Aircraft, spacecraft, and parts thereof - to Singapore in 2022 represented by the following main commodity groups:

  • 27% (2.01 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 0.892% (64 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
  • 0.049% (3.55 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
  • 0.005% (378 thousand US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft

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