2022
Exports
$1.43MWorld Rnk 62 / 188
Flag Rnk 886 / 1198
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$14.7MWorld Rnk 60 / 217
Flag Rnk 726 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $1.43M in Hand-Woven Rugs, making it the 62nd largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 886th most exported product in Singapore. The main destination of Hand-Woven Rugs exports from Singapore are: India ($414k), Brunei ($175k), Malaysia ($145k), Fiji ($84.4k), and Indonesia ($58.2k).

The fastest growing export markets for Hand-Woven Rugs of Singapore between 2021 and 2022 were Brunei ($100k), Fiji ($84.4k), and United Arab Emirates ($50.2k).

Imports In 2022, Singapore imported $14.7M in Hand-Woven Rugs, becoming the 60th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 726th most imported product in Singapore. Singapore imports Hand-Woven Rugs primarily from: China ($4.76M), Thailand ($2.1M), Turkey ($1.63M), India ($1.37M), and Malaysia ($1.15M).

The fastest growing import markets in Hand-Woven Rugs for Singapore between 2021 and 2022 were Thailand ($1.71M), Malaysia ($626k), and Turkey ($564k).

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 Hand-Woven Rugs. 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)$1.43M
IMPORTS (2022)$14.7M
NET TRADE (2022)-$13.3M

In 2022, Singapore exported $1.43M in Hand-Woven Rugs. The main destinations of Singapore exports on Hand-Woven Rugs were India ($414k), Brunei ($175k), Malaysia ($145k), Fiji ($84.4k), and Indonesia ($58.2k).

In 2022, Singapore imported $14.7M in Hand-Woven Rugs, mainly from China ($4.76M), Thailand ($2.1M), Turkey ($1.63M), India ($1.37M), and Malaysia ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Brunei$100k (133%)
Fiji$84.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Singapore WERE (2021 - 2022):
Malaysia-$2.63M (-94.8%)
Sri Lanka-$212k (-99.6%)
Indonesia-$80.7k (-58.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Singapore's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $103k
TOP IMPORT POTENTIALIndia+ $1.31M

Hand-Woven Rugs’s highest export potential is Malaysia. With an export gap of $103k.   Hand-Woven Rugs’s highest import potential is India with an import gap of $1.31M.

See methodology.

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