T3 · Product exporter position

Singapore exports of Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543 (HS 854370)

See where Singapore stands in electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543: export scale, destination breadth, market position, growth, and reported trade history.

Exporter SGPHS6 854370Latest year 2024Rapid growth

Latest exports

$1.3BLatest observed lane total

Destination markets

145Reported active markets

Three-year growth

+25.1%Annualized change

Destination HHI

3,320Destination concentration

Weighted share

6%Reported market position

Exporter evidence

How strong is Singapore in Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543?

Reported exporter totals and calculated indicators for HS 854370. Values retain their observed coverage period.

Exporter scale

Latest exports$1.3B
Current 2024 exports$1.3B
Three-year average$1.3B
Historical peak$2.1B

Market position

Active destinations145
Destination HHI3,320
Weighted share6%
Share change+2.2 pp

Competitiveness

Three-year growth+25.1%
Volatility1.4
Maximum drawdown94.7%
TrendRapid growth
MeasureValueWhat it describes
ExporterSingaporeCountry represented by this profile
Latest observed exports$1.3BSum of latest observed destination-lane values
Current 2024 exports$1.3BCommon-year comparison where reported
Three-year growth+25.1%Annualized change in exporter totals
Five-year growth+26.1%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share56.6%Share of observed exporter totals
Destination concentration3,320HHI across destination markets
Weighted share change+2.2 ppValue-weighted latest change in market share
Limited-history lanes15%Share of lanes with shorter history

Destination markets

Where does Singapore sell electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$718.2M4.7%+47.5%FTA reportedAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$718.2M
Market share
4.7%
Growth
+47.5%
Access
FTA reported
Signal
Accelerating

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

Ethiopia: $90.1M / ton.

Lowest reported price

Mozambique: $36.6 / ton.

Median price

$123.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for Singapore and HS 854370 where available.

YearExportsYear-on-year changeActive destinations
2010$268.4M+48.6%124
2011$234.3M-12.7%129
2012$271.4M+15.8%132
2013$315.0M+16.1%135
2014$395.8M+25.6%135
2015$499.4M+26.2%141
2016$400.1M-19.9%140
2017$368.2M-8%140
2018$371.7M+1%149
2019$395.5M+6.4%140
2020$391.7M-1%146
2021$645.5M+64.8%139
2022$1.6B+154.8%148
2023$1.1B-36%150
2024$1.3B+20%145

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 854370.

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 electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543 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.