2022
Exports
$28.8MWorld Rnk 50 / 172
Flag Rnk 401 / 1198
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$75.1MWorld Rnk 39 / 223
Flag Rnk 382 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $28.8M in Glass Fibers, making it the 50th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 401st most exported product in Singapore. The main destination of Glass Fibers exports from Singapore are: China ($5.84M), Malaysia ($5.14M), India ($3.39M), Indonesia ($3.06M), and Israel ($2.47M).

The fastest growing export markets for Glass Fibers of Singapore between 2021 and 2022 were Israel ($1.77M), India ($1.13M), and Canada ($788k).

Imports In 2022, Singapore imported $75.1M in Glass Fibers, becoming the 39th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 382nd most imported product in Singapore. Singapore imports Glass Fibers primarily from: China ($26.9M), Malaysia ($13.7M), Japan ($8.58M), United Kingdom ($8.24M), and United States ($5.01M).

The fastest growing import markets in Glass Fibers for Singapore between 2021 and 2022 were China ($8.71M), United Kingdom ($3.3M), and Kuwait ($1.09M).

COMPANIES In 2023, leading companies such as Hyosung (1) were at the forefront of shipping Glass Fibers 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 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 (2022)$28.8M
IMPORTS (2022)$75.1M
NET TRADE (2022)-$46.3M

In 2022, Singapore exported $28.8M in Glass Fibers. The main destinations of Singapore exports on Glass Fibers were China ($5.84M), Malaysia ($5.14M), India ($3.39M), Indonesia ($3.06M), and Israel ($2.47M).

In 2022, Singapore imported $75.1M in Glass Fibers, mainly from China ($26.9M), Malaysia ($13.7M), Japan ($8.58M), United Kingdom ($8.24M), and United States ($5.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Israel$1.77M (253%)
India$1.13M (49.8%)
Canada$788k (29.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Singapore WERE (2021 - 2022):
Malaysia-$2.65M (-34%)
China-$1.61M (-21.7%)
Hong Kong-$530k (-35.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Glass Fibers were:
In 2022, 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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