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Exports In 2022, Singapore exported $12.1M in Iron Sewing Needles, making it the 6th largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 534th most exported product in Singapore. The main destination of Iron Sewing Needles exports from Singapore are: Indonesia ($4.13M), Malaysia ($3.1M), Philippines ($1.61M), China ($1.24M), and India ($529k).

The fastest growing export markets for Iron Sewing Needles of Singapore between 2021 and 2022 were China ($583k), India ($399k), and Japan ($77.3k).

Imports In 2022, Singapore imported $6.83M in Iron Sewing Needles, becoming the 14th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 853rd most imported product in Singapore. Singapore imports Iron Sewing Needles primarily from: Malaysia ($2.55M), South Korea ($1.31M), China ($908k), United States ($791k), and Japan ($741k).

The fastest growing import markets in Iron Sewing Needles for Singapore between 2021 and 2022 were Japan ($406k), United States ($405k), and South Korea ($346k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Iron Sewing Needles. 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)$12.1M
IMPORTS (2022)$6.83M
NET TRADE (2022)$5.23M

In 2022, Singapore exported $12.1M in Iron Sewing Needles. The main destinations of Singapore exports on Iron Sewing Needles were Indonesia ($4.13M), Malaysia ($3.1M), Philippines ($1.61M), China ($1.24M), and India ($529k).

In 2022, Singapore imported $6.83M in Iron Sewing Needles, mainly from Malaysia ($2.55M), South Korea ($1.31M), China ($908k), United States ($791k), and Japan ($741k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
China$583k (88.5%)
India$399k (307%)
Japan$77.3k (464%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Singapore WERE (2021 - 2022):
Malaysia-$1.8M (-36.7%)
Hong Kong-$254k (-47.9%)
Philippines-$124k (-7.18%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Singapore's main exporting competitors in Iron Sewing Needles were:
In 2022, Singapore's main importing competitors in Iron Sewing Needles were:

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $193k
TOP IMPORT POTENTIALChina+ $463k

Iron Sewing Needles’s highest export potential is India. With an export gap of $193k.   Iron Sewing Needles’s highest import potential is China with an import gap of $463k.

See methodology.

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