2022
Exports
$23.8MWorld Rnk 37 / 207
Flag Rnk 430 / 1198
2022
PRODUCT COMPLEXITY IN Brooms
0.29Rnk 454 / 1025
2022
Imports
$164MWorld Rnk 24 / 223
Flag Rnk 232 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $23.8M in Brooms, making it the 37th largest exporter of Brooms in the world. At the same year, Brooms was the 430th most exported product in Singapore. The main destination of Brooms exports from Singapore are: Indonesia ($3.9M), China ($3.7M), Malaysia ($3.56M), Philippines ($2.75M), and Japan ($1.44M).

The fastest growing export markets for Brooms of Singapore between 2021 and 2022 were Philippines ($1.49M), Indonesia ($1.28M), and Japan ($1.2M).

Imports In 2022, Singapore imported $164M in Brooms, becoming the 24th largest importer of Brooms in the world. At the same year, Brooms was the 232nd most imported product in Singapore. Singapore imports Brooms primarily from: China ($128M), United States ($5.39M), Malaysia ($3.95M), Germany ($3.57M), and Japan ($2.79M).

The fastest growing import markets in Brooms for Singapore between 2021 and 2022 were China ($73M), Mauritius ($1.42M), and South Korea ($714k).

COMPANIES In 2023, leading companies such as Baxter Healthcare (2), HP Inc (1), and Sucafina (1) were at the forefront of shipping Brooms from Singapore to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Brooms. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$23.8M
IMPORTS (2022)$164M
NET TRADE (2022)-$140M

In 2022, Singapore exported $23.8M in Brooms. The main destinations of Singapore exports on Brooms were Indonesia ($3.9M), China ($3.7M), Malaysia ($3.56M), Philippines ($2.75M), and Japan ($1.44M).

In 2022, Singapore imported $164M in Brooms, mainly from China ($128M), United States ($5.39M), Malaysia ($3.95M), Germany ($3.57M), and Japan ($2.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Brooms EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Philippines$1.49M (118%)
Indonesia$1.28M (48.9%)
Japan$1.2M (486%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Brooms BY Singapore WERE (2021 - 2022):
United States-$1.15M (-64.9%)
Hong Kong-$320k (-22.7%)
Germany-$301k (-66.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Brooms were:
In 2022, Singapore's main importing competitors in Brooms were:

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Trade Value of Brooms by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALMalaysia+ $2.47M

Brooms’s highest export potential is N/A. With an export gap of N/A.   Brooms’s highest import potential is Malaysia with an import gap of $2.47M.

See methodology.

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