2022
Exports
$3.8MWorld Rnk 46 / 185
Flag Rnk 723 / 1198
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$28.2MWorld Rnk 40 / 218
Flag Rnk 594 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $3.8M in Knit Gloves, making it the 46th largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 723rd most exported product in Singapore. The main destination of Knit Gloves exports from Singapore are: Indonesia ($509k), Saudi Arabia ($490k), Malaysia ($356k), Japan ($195k), and China ($190k).

The fastest growing export markets for Knit Gloves of Singapore between 2021 and 2022 were Saudi Arabia ($307k), Sweden ($129k), and China ($76.6k).

Imports In 2022, Singapore imported $28.2M in Knit Gloves, becoming the 40th largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 594th most imported product in Singapore. Singapore imports Knit Gloves primarily from: China ($20M), Malaysia ($2.42M), Pakistan ($626k), Sri Lanka ($616k), and South Korea ($600k).

The fastest growing import markets in Knit Gloves for Singapore between 2021 and 2022 were China ($4.39M), India ($251k), and Thailand ($190k).

Latest Trends

Sep 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 Knit Gloves. 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)$3.8M
IMPORTS (2022)$28.2M
NET TRADE (2022)-$24.5M

In 2022, Singapore exported $3.8M in Knit Gloves. The main destinations of Singapore exports on Knit Gloves were Indonesia ($509k), Saudi Arabia ($490k), Malaysia ($356k), Japan ($195k), and China ($190k).

In 2022, Singapore imported $28.2M in Knit Gloves, mainly from China ($20M), Malaysia ($2.42M), Pakistan ($626k), Sri Lanka ($616k), and South Korea ($600k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Saudi Arabia$307k (167%)
Sweden$129k (1.03k%)
China$76.6k (67.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Singapore WERE (2021 - 2022):
Netherlands-$944k (-96.7%)
Russia-$633k (-88.4%)
Hong Kong-$357k (-73%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Knit Gloves were:
In 2022, Singapore's main importing competitors in Knit Gloves were:

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $171k
TOP IMPORT POTENTIALChina+ $3.18M

Knit Gloves’s highest export potential is Japan. With an export gap of $171k.   Knit Gloves’s highest import potential is China with an import gap of $3.18M.

See methodology.

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