2023
Exports
$16.5MWorld Rnk 16 / 158
Flag Rnk 436 / 1202
2023
PRODUCT COMPLEXITY IN Laboratory Glassware
0.71Rnk 281 / 1025
2023
Imports
$63.7MWorld Rnk 5 / 212
Flag Rnk 393 / 1208
2023
ECONOMIC COMPLEXITY of Singapore
1.62Rnk 6 / 132

About

Exports In 2023, Singapore exported $16.5M in Laboratory Glassware, making it the 16th largest exporter of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 436th most exported product in Singapore. The main destination of Laboratory Glassware exports from Singapore are: South Korea ($6.45M), India ($4.48M), Chinese Taipei ($942k), China ($875k), and Indonesia ($494k).

The fastest growing export markets for Laboratory Glassware of Singapore between 2022 and 2023 were South Korea ($4.18M), Hong Kong ($202k), and Australia ($193k).

Imports In 2023, Singapore imported $63.7M in Laboratory Glassware, becoming the 5th largest importer of Laboratory Glassware in the world. At the same year, Laboratory Glassware was the 393rd most imported product in Singapore. Singapore imports Laboratory Glassware primarily from: United States ($26.3M), Sweden ($9.11M), Japan ($7.64M), Netherlands ($7.37M), and Germany ($3.43M).

The fastest growing import markets in Laboratory Glassware for Singapore between 2022 and 2023 were United States ($3.76M), Australia ($1.06M), and Malaysia ($268k).

COMPANIES In 2024, leading companies such as L'Oreal (1) were at the forefront of shipping Laboratory 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 Laboratory 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)$16.5M
IMPORTS (2023)$63.7M
NET TRADE (2023)-$47.2M

In 2023, Singapore exported $16.5M in Laboratory Glassware. The main destinations of Singapore exports on Laboratory Glassware were South Korea ($6.45M), India ($4.48M), Chinese Taipei ($942k), China ($875k), and Indonesia ($494k).

In 2023, Singapore imported $63.7M in Laboratory Glassware, mainly from United States ($26.3M), Sweden ($9.11M), Japan ($7.64M), Netherlands ($7.37M), and Germany ($3.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Laboratory Glassware EXPORT MARKETS FOR Singapore WERE (2022 - 2023):
South Korea$4.18M (185%)
Hong Kong$202k (162%)
Australia$193k (493%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Glassware BY Singapore WERE (2022 - 2023):
India-$1.09M (-19.5%)
China-$247k (-22%)
Indonesia-$239k (-32.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Singapore's main exporting competitors in Laboratory Glassware were:
In 2023, Singapore's main importing competitors in Laboratory Glassware were:

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Trade Value of Laboratory Glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $417k
TOP IMPORT POTENTIALChina+ $1.72M

Laboratory Glassware’s highest export potential is United States. With an export gap of $417k.   Laboratory Glassware’s highest import potential is China with an import gap of $1.72M.

See methodology.

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