2023
Exports
$344MWorld Rnk 35 / 222
Flag Rnk 41 / 96
2023
PRODUCT COMPLEXITY IN Glass & glassware
1.23Rnk 99 / 1025
2023
Imports
$1.09BWorld Rnk 23 / 226
Flag Rnk 31 / 96
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $344M in Glass & glassware, making it the 35th largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 41st most exported product in Singapore. The main destination of Glass & glassware exports from Singapore are: South Korea ($120M), United States ($64.8M), Japan ($46.4M), Chinese Taipei ($42.7M), and Malaysia ($15.6M).

The fastest growing export markets for Glass & glassware of Singapore between 2022 and 2023 were United States ($10.4M), South Korea ($2.98M), and Vietnam ($2.22M).

Imports In 2023, Singapore imported $1.09B in Glass & glassware, becoming the 23rd largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 31st most imported product in Singapore. Singapore imports Glass & glassware primarily from: Vietnam ($392M), China ($168M), Japan ($163M), Malaysia ($85M), and United States ($77.2M).

The fastest growing import markets in Glass & glassware for Singapore between 2022 and 2023 were Serbia ($8.33M), Philippines ($6.4M), and Germany ($4.59M).

COMPANIES In 2024, leading companies such as Fuyao Glass (6), Haas Automation (2), and QVC Inc (1) were at the forefront of shipping Glass & glassware from Singapore to the United States.

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 & glassware. 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)$344M
IMPORTS (2023)$1.09B
NET TRADE (2023)-$742M

In 2023, Singapore exported $344M in Glass & glassware. The main destinations of Singapore exports on Glass & glassware were South Korea ($120M), United States ($64.8M), Japan ($46.4M), Chinese Taipei ($42.7M), and Malaysia ($15.6M).

In 2023, Singapore imported $1.09B in Glass & glassware, mainly from Vietnam ($392M), China ($168M), Japan ($163M), Malaysia ($85M), and United States ($77.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
United States$10.4M (19.2%)
South Korea$2.98M (2.55%)
Vietnam$2.22M (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY Singapore WERE (2022 - 2023):
Chinese Taipei-$88.6M (-67.5%)
India-$36M (-87.1%)
Japan-$18.2M (-28.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $5.55M
TOP IMPORT POTENTIALChina+ $44.1M

Glass & glassware’s highest export potential is Malaysia. With an export gap of $5.55M.   Glass & glassware’s highest import potential is China with an import gap of $44.1M.

See methodology.

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