2023
Exports
$16.7MWorld Rnk 50 / 170
Flag Rnk 435 / 1202
2023
PRODUCT COMPLEXITY IN Glass Fibers
0.51Rnk 367 / 1025
2023
Imports
$96.7MWorld Rnk 32 / 224
Flag Rnk 302 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $16.7M in Glass Fibers, making it the 50th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 435th most exported product in Singapore. The main destination of Glass Fibers exports from Singapore are: Malaysia ($5.06M), China ($3.4M), Indonesia ($1.59M), South Korea ($1.57M), and Australia ($814k).

The fastest growing export markets for Glass Fibers of Singapore between 2022 and 2023 were South Korea ($1.41M), Australia ($595k), and Vietnam ($435k).

Imports In 2023, Singapore imported $96.7M in Glass Fibers, becoming the 32nd largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 302nd most imported product in Singapore. Singapore imports Glass Fibers primarily from: China ($32.2M), Japan ($17.1M), Malaysia ($16.9M), Chinese Taipei ($11.4M), and United States ($5.44M).

The fastest growing import markets in Glass Fibers for Singapore between 2022 and 2023 were Japan ($9.99M), Malaysia ($2.04M), and Chinese Taipei ($2.04M).

Latest Trends

Dec 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 Glass Fibers. 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 (2023)$16.7M
IMPORTS (2023)$96.7M
NET TRADE (2023)-$79.9M

In 2023, Singapore exported $16.7M in Glass Fibers. The main destinations of Singapore exports on Glass Fibers were Malaysia ($5.06M), China ($3.4M), Indonesia ($1.59M), South Korea ($1.57M), and Australia ($814k).

In 2023, Singapore imported $96.7M in Glass Fibers, mainly from China ($32.2M), Japan ($17.1M), Malaysia ($16.9M), Chinese Taipei ($11.4M), and United States ($5.44M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
South Korea$1.41M (898%)
Australia$595k (271%)
Vietnam$435k (367%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Singapore WERE (2022 - 2023):
India-$3.25M (-93.8%)
China-$2.84M (-45.5%)
Israel-$2.4M (-97.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Glass Fibers were:
In 2023, Singapore's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.73M
TOP IMPORT POTENTIALChina+ $7.6M

Glass Fibers’s highest export potential is China. With an export gap of $1.73M.   Glass Fibers’s highest import potential is China with an import gap of $7.6M.

See methodology.

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