T3 · Product exporter position

Singapore exports of Trade product (HS 271019)

See where Singapore stands in trade product: export scale, destination breadth, market position, growth, and reported trade history.

Exporter SGPHS6 271019Latest year 2024Growing

Latest exports

$29.4BLatest observed lane total

Destination markets

169Reported active markets

Three-year growth

+6.7%Annualized change

Destination HHI

762Destination concentration

Weighted share

24.7%Reported market position

Exporter evidence

How strong is Singapore in Trade product?

Reported exporter totals and calculated indicators for HS 271019. Values retain their observed coverage period.

Exporter scale

Latest exports$29.4B
Current 2024 exports$29.3B
Three-year average$31.3B
Historical peak$66.7B

Market position

Active destinations169
Destination HHI762
Weighted share24.7%
Share change+0.7 pp

Competitiveness

Three-year growth+6.7%
Volatility0.8
Maximum drawdown79.1%
TrendGrowing
MeasureValueWhat it describes
ExporterSingaporeCountry represented by this profile
Latest observed exports$29.4BSum of latest observed destination-lane values
Current 2024 exports$29.3BCommon-year comparison where reported
Three-year growth+6.7%Annualized change in exporter totals
Five-year growth+1.5%Annualized change in exporter totals
Leading destinationMYSDestination with the largest observed export value
Leading destination share14.1%Share of observed exporter totals
Destination concentration762HHI across destination markets
Weighted share change+0.7 ppValue-weighted latest change in market share
Limited-history lanes9.2%Share of lanes with shorter history

Destination markets

Where does Singapore sell trade product?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Malaysia$4.1B30%+5%FTA reportedGrowing
Australia$3.7B14.9%+0.4%FTA reportedGrowing
Indonesia$3.5B45.8%+28.8%FTA reportedAccelerating
China$2.8B15.5%+15.5%FTA reportedGrowing
USA, Puerto Rico and US Virgin Islands$2.1B6.1%+0.6%FTA reportedGrowing
China, Hong Kong Special Administrative Region$1.8B17.4%+2.4%FTA reportedStable
Myanmar$1.5B66.5%+9.5%FTA reportedGrowing

Destination

Malaysia

Latest exports
$4.1B
Market share
30%
Growth
+5%
Access
FTA reported
Signal
Growing

Destination

Australia

Latest exports
$3.7B
Market share
14.9%
Growth
+0.4%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$3.5B
Market share
45.8%
Growth
+28.8%
Access
FTA reported
Signal
Accelerating

Destination

China

Latest exports
$2.8B
Market share
15.5%
Growth
+15.5%
Access
FTA reported
Signal
Growing

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$2.1B
Market share
6.1%
Growth
+0.6%
Access
FTA reported
Signal
Growing

Destination

China, Hong Kong Special Administrative Region

Latest exports
$1.8B
Market share
17.4%
Growth
+2.4%
Access
FTA reported
Signal
Stable

Destination

Myanmar

Latest exports
$1.5B
Market share
66.5%
Growth
+9.5%
Access
FTA reported
Signal
Growing

Price intelligence

How does Singapore's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Not reported: Not reported.

Lowest reported price

Not reported: Not reported.

Median price

Not reported across reported markets.

Export trend

Reported export history

Annual observations for Singapore and HS 271019 where available.

YearExportsYear-on-year changeActive destinations
2010$33.4B+35.7%119
2011$49.2B+47.1%126
2012$43.9B-10.7%138
2013$42.9B-2.3%144
2014$39.6B-7.8%146
2015$25.2B-36.4%144
2016$21.9B-12.8%145
2017$30.0B+36.9%148
2018$33.2B+10.5%155
2019$27.2B-18.2%156
2020$16.5B-39.4%152
2021$24.1B+46.7%156
2022$34.2B+41.8%163
2023$30.2B-11.8%163
2024$29.3B-2.8%169

Exporter context

Singapore economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 271019.

Singapore has reported exports of $403.3B and a trade balance of -$23.8B in 2024.

Available structural indicators include 204.3% trade openness, 27.3% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Singapore trade product exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.