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2022
Exports $676kWorld Rnk 38 / 133
Flag Rnk 964 / 1198
2022
Destination $374k India
2021 - 2022
FASTEST GROWING MARKET $374kIndia
2022
PRODUCT COMPLEXITY IN Felt Carpets0.3Rnk 450 / 1025
2022
Imports $3.32MWorld Rnk 33 / 196
Flag Rnk 954 / 1213
2022
Origin $1.8M China
2021 - 2022
FASTEST GROWING ORIGIN $1.8MChina
2022
ECONOMIC COMPLEXITY of Singapore1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $676k in Felt Carpets, making it the 38th largest exporter of Felt Carpets in the world. At the same year, Felt Carpets was the 964th most exported product in Singapore. The main destination of Felt Carpets exports from Singapore are: India ($374k), Indonesia ($188k), Malaysia ($29.9k), Brunei ($26.1k), and Fiji ($14k).

The fastest growing export markets for Felt Carpets of Singapore between 2021 and 2022 were India ($374k), Indonesia ($179k), and Fiji ($14k).

Imports In 2022, Singapore imported $3.32M in Felt Carpets, becoming the 33rd largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 954th most imported product in Singapore. Singapore imports Felt Carpets primarily from: China ($1.91M), Belgium ($535k), Italy ($295k), Malaysia ($121k), and France ($97.8k).

The fastest growing import markets in Felt Carpets for Singapore between 2021 and 2022 were China ($1.8M), Belgium ($435k), and Italy ($254k).

Latest Trends

Oct 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 Felt Carpets. 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)$676k
IMPORTS (2022)$3.32M
NET TRADE (2022)-$2.64M

In 2022, Singapore exported $676k in Felt Carpets. The main destinations of Singapore exports on Felt Carpets were India ($374k), Indonesia ($188k), Malaysia ($29.9k), Brunei ($26.1k), and Fiji ($14k).

In 2022, Singapore imported $3.32M in Felt Carpets, mainly from China ($1.91M), Belgium ($535k), Italy ($295k), Malaysia ($121k), and France ($97.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Carpets EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$374k (1%)
Indonesia$179k (1.95k%)
Fiji$14k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY Singapore WERE (2021 - 2022):
Brunei-$53.3k (-67.2%)
Philippines-$15.3k (-66.2%)
Seychelles-$8.52k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Felt Carpets were:
Belgium $128M
Netherlands $128M
China $49.3M
In 2022, Singapore's main importing competitors in Felt Carpets were:
Germany $121M
United States $61.5M
United Kingdom $44.5M

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $13.7k
TOP IMPORT POTENTIALGermany+ $46.1k

Felt Carpets’s highest export potential is Malaysia. With an export gap of $13.7k.   Felt Carpets’s highest import potential is Germany with an import gap of $46.1k.

See methodology.

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