T3 · Product exporter position

Singapore exports of Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41 (HS 843143)

See where Singapore stands in boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41: export scale, destination breadth, market position, growth, and reported trade history.

Exporter SGPHS6 843143Latest year 2024Growing

Latest exports

$818.5MLatest observed lane total

Destination markets

114Reported active markets

Three-year growth

+4.3%Annualized change

Destination HHI

611Destination concentration

Weighted share

17.8%Reported market position

Exporter evidence

How strong is Singapore in Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41?

Reported exporter totals and calculated indicators for HS 843143. Values retain their observed coverage period.

Exporter scale

Latest exports$818.5M
Current 2024 exports$813.3M
Three-year average$815.5M
Historical peak$4.1B

Market position

Active destinations114
Destination HHI611
Weighted share17.8%
Share change-0.9 pp

Competitiveness

Three-year growth+4.3%
Volatility0.8
Maximum drawdown81.7%
TrendGrowing
MeasureValueWhat it describes
ExporterSingaporeCountry represented by this profile
Latest observed exports$818.5MSum of latest observed destination-lane values
Current 2024 exports$813.3MCommon-year comparison where reported
Three-year growth+4.3%Annualized change in exporter totals
Five-year growth-2.6%Annualized change in exporter totals
Leading destinationMYSDestination with the largest observed export value
Leading destination share14.4%Share of observed exporter totals
Destination concentration611HHI across destination markets
Weighted share change-0.9 ppValue-weighted latest change in market share
Limited-history lanes18.8%Share of lanes with shorter history

Destination markets

Where does Singapore sell boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Malaysia$117.8M43.2%+1.2%FTA reportedStable
USA, Puerto Rico and US Virgin Islands$77.9M6.7%+41.2%FTA reportedAccelerating
Saudi Arabia$70.9M3.5%+8.1%FTA reportedGrowing
United Arab Emirates$65.3M14.6%+1.2%FTA reportedGrowing
Indonesia$60.5M24.6%+0.8%FTA reportedGrowing
Norway$37.4M7.6%+5.4%FTA reportedAccelerating
China$37.3M21.2%-3%FTA reportedStable
Australia$30.7M8.4%+5.3%FTA reportedStable
Qatar$29.6M20.7%+38.3%FTA reportedGrowing
Thailand$28.7M37%-8.7%FTA reportedStable
China, Hong Kong Special Administrative Region$22.1M35.3%-0.8%FTA reportedStable

Destination

Malaysia

Latest exports
$117.8M
Market share
43.2%
Growth
+1.2%
Access
FTA reported
Signal
Stable

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$77.9M
Market share
6.7%
Growth
+41.2%
Access
FTA reported
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$70.9M
Market share
3.5%
Growth
+8.1%
Access
FTA reported
Signal
Growing

Destination

United Arab Emirates

Latest exports
$65.3M
Market share
14.6%
Growth
+1.2%
Access
FTA reported
Signal
Growing

Destination

Indonesia

Latest exports
$60.5M
Market share
24.6%
Growth
+0.8%
Access
FTA reported
Signal
Growing

Destination

Norway

Latest exports
$37.4M
Market share
7.6%
Growth
+5.4%
Access
FTA reported
Signal
Accelerating

Destination

China

Latest exports
$37.3M
Market share
21.2%
Growth
-3%
Access
FTA reported
Signal
Stable

Destination

Australia

Latest exports
$30.7M
Market share
8.4%
Growth
+5.3%
Access
FTA reported
Signal
Stable

Destination

Qatar

Latest exports
$29.6M
Market share
20.7%
Growth
+38.3%
Access
FTA reported
Signal
Growing

Destination

Thailand

Latest exports
$28.7M
Market share
37%
Growth
-8.7%
Access
FTA reported
Signal
Stable

Destination

China, Hong Kong Special Administrative Region

Latest exports
$22.1M
Market share
35.3%
Growth
-0.8%
Access
FTA reported
Signal
Stable

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

Ecuador: $11.1M / ton.

Lowest reported price

Bahrain: $1.0K / ton.

Median price

$25.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for Singapore and HS 843143 where available.

YearExportsYear-on-year changeActive destinations
2010$1.9B-19.8%124
2011$2.2B+16.6%134
2012$2.5B+14%138
2013$2.7B+6.6%140
2014$2.4B-12.4%143
2015$2.0B-12.9%136
2016$1.3B-35.8%129
2017$1.1B-17.6%138
2018$879.0M-18.8%122
2019$928.3M+5.6%120
2020$888.6M-4.3%116
2021$717.5M-19.3%118
2022$783.0M+9.1%111
2023$850.2M+8.6%120
2024$813.3M-4.3%114

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 843143.

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 boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41 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.