2022
Exports
$6.78MWorld Rnk 15 / 112
Flag Rnk 632 / 1198
2022
PRODUCT COMPLEXITY IN Fireworks
0.54Rnk 355 / 1025
2022
Imports
$8.81MWorld Rnk 36 / 195
Flag Rnk 810 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $6.78M in Fireworks, making it the 15th largest exporter of Fireworks in the world. At the same year, Fireworks was the 632nd most exported product in Singapore. The main destination of Fireworks exports from Singapore are: South Korea ($4.48M), Malaysia ($634k), China ($389k), Japan ($376k), and Indonesia ($254k).

The fastest growing export markets for Fireworks of Singapore between 2021 and 2022 were South Korea ($3.85M), United States ($79.2k), and India ($67.7k).

Imports In 2022, Singapore imported $8.81M in Fireworks, becoming the 36th largest importer of Fireworks in the world. At the same year, Fireworks was the 810th most imported product in Singapore. Singapore imports Fireworks primarily from: Germany ($2.04M), United States ($1.78M), China ($1.59M), Thailand ($1.56M), and Canada ($1.06M).

The fastest growing import markets in Fireworks for Singapore between 2021 and 2022 were Thailand ($1.14M), Canada ($1.06M), and China ($562k).

COMPANIES In 2023, leading companies such as Adidas (4) and TE Connectivity (1) were at the forefront of shipping Fireworks 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 Fireworks. 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)$6.78M
IMPORTS (2022)$8.81M
NET TRADE (2022)-$2.02M

In 2022, Singapore exported $6.78M in Fireworks. The main destinations of Singapore exports on Fireworks were South Korea ($4.48M), Malaysia ($634k), China ($389k), Japan ($376k), and Indonesia ($254k).

In 2022, Singapore imported $8.81M in Fireworks, mainly from Germany ($2.04M), United States ($1.78M), China ($1.59M), Thailand ($1.56M), and Canada ($1.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
South Korea$3.85M (608%)
United States$79.2k (452%)
India$67.7k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY Singapore WERE (2021 - 2022):
Japan-$1.43M (-79.2%)
China-$916k (-70.2%)
Brunei-$709k (-94.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, Singapore's main importing competitors in Fireworks were:

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $1.08M

Fireworks’s highest export potential is N/A. With an export gap of N/A.   Fireworks’s highest import potential is China with an import gap of $1.08M.

See methodology.

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